Premier, a prominent food producer, marked its entry into the public market through an initial public offering (IPO) on 24th March 2023, successfully raising R3.6 billion at a share price of 5382c per share. This strategic move, which saw it spun out from Brait (BAT), positioned Premier as an independent entity on the stock exchange, with Brait retaining a 47.1%...
Premier is a food producer which was spun out of Brait (BAT) through an initial public offer (IPO) and separately listed on 24th March 2023 which raised R3,6bn at a share price of 5382c per share. Brait retained 47,1% of Premier. Premier has managed to mitigate the impact of loadshedding on its operations, the costs of which were not a material impact on its...
