18th Sep 2025 16:24
Assura PLC - Altrincham, England-based care property investor and developer - Confirms it expects to delist from the Johannesburg Stock Exchange on October 23. Assura has only previously indicated it anticipated its shares would be suspended from the JSE on October 3, and the JSE delisting would follow shortly after exit from the London Stock Exchange. Early this month, Assura said it would ask the UK Financial Conduct Authority and the LSE to cancel its listing, at the request of Primary Health Properties PLC. It expects the LSE delisting to take effect on October 6.
Last week, PHP said its offer to acquire its peer Assura had formally closed on Wednesday last week. The London-based healthcare facility investor owned 98.0% interest in Assura as of Monday last week, up from 94.7% previously. Assura says it plans to re-register as a private limited company as soon as practicable following the delisting.
Current stock price in London: 46.66 pence
12-month change: up 13%
Current stock price in Johannesburg: ZAR11.35
12-month change: up 23% since listing in November
By Artwell Dlamini, Alliance News senior reporter South Africa
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