Capitec Gets A2X Secondary Listing, Trading Starts Sep 7

In Short

Capitec has been approved for a secondary listing on A2X Markets. Trading is set to start on September 7, 2026.

What Happened

Capitec said its ordinary shares have been approved to trade on A2X Markets from Monday, September 7, 2026. This is a secondary listing, which means Capitec keeps its main listing on the JSE, but investors can also buy and sell the same shares on another regulated exchange.

The bank group, which recently adopted the corporate name Capitec Limited, said the move should broaden investor access and improve shareholder choice. In practice, it gives brokers and investors another venue to trade the stock, which can support liquidity, meaning how easily shares can be bought or sold without moving the price too much.

Capitec’s primary listing on the JSE stays in place. The company said its issued share capital, share code, ISIN code (a global identifier for a security), shareholder register, settlement arrangements, and regulatory obligations will remain unchanged.

Trades executed on A2X will still settle through STRATE, South Africa’s central securities depository, which is the system that records ownership and handles settlement after trades.

A2X is licensed as a stock exchange and is regulated by the Financial Sector Conduct Authority and the Prudential Authority under the Financial Markets Act.

Why It Matters

Secondary listings have become more common in South Africa as firms look for broader market access. For investors, an additional exchange can mean more routing options and potentially tighter trading spreads (the gap between buy and sell prices), depending on broker connectivity and market maker activity.

For Capitec, the biggest point is that nothing operational changes about the shares themselves. It is the same equity security, with the same settlement process, but available on another trading venue.

For fintech and brokerage apps that support multi-venue execution, this can also create more competition around trading fees and order execution quality over time. Capitec customers using Capitec Bank will likely experience the change mainly through their broker or platform, not through the bank’s core retail products.