Business Social
The Jamaica Stock Exchange (JSE) recently hosted a listing ceremony for Quantas Advantage, marking the company’s successful entry to the market following its oversubscribed initial public offering (IPO), which closed on May 21.
Jacqueline Sharp (centre), chairperson and co-founder of Quantas Advantage, is joined by Karl Townsend (left), chief country Officer, JMMB Group Capital Markets Unit; Livingstone Morrison, JSE CEO; Dr Adrian Stokes (second right), CEO of Quantas Advantage, and Layne Atkinson, executive vice-president of risk management, during the company’s recent listing ceremony held at the JSE Harbour Street headquarters.
OFFICIALLY LISTED. Investment company Quantas Advantage officially began trading on the Main Market of the JSE following a listing ceremony held last week. Members of the Quantas and JSE teams celebrated the company’s milestone achievement.
The IPO, which raised $2.4 billion, was about 60 per cent above its original target of $1.5 billion — underscoring strong investor confidence in the company. Held at the JSE’s Harbour Street offices, the ceremony brought together representatives from the JSE, JMMB and members of the Quantas Advantage team to celebrate the milestone and the start of a new chapter in the investment company’s growth. A major highlight of the event was the official insertion of the listing strip onto the listing board by Quantas Advantage’s directors and team members, symbolising the company’s official listing on the JSE Main Market. Business Social
shares photos from the event.