Middle East & Africa Block Trades FSCA ZAR

South Africa Block Trades on JSE

Block-trade financing and discreet execution for large lines of shares listed in South Africa — for sellers and acquirers who need to move size without disturbing the order book or the price.

01 · The Market

Middle East & Africa

South Africa equity markets.

Black Haven Investments provides liquidity around block trades in South Africa-listed equity: off-market or negotiated-price execution, risk taken on the line itself, and the large-holding disclosure that follows a substantial transfer managed end to end. The market is overseen by Financial Sector Conduct Authority (FSCA).

South Africa block trades at a glance:

Listed venue	Johannesburg Stock Exchange (JSE)
Regulator	Financial Sector Conduct Authority (FSCA)
Currency	ZAR
Principal indices	FTSE/JSE Top 40, FTSE/JSE All Share
Structure	Off-market or negotiated-price

Regulatory references are published for general orientation and are not legal advice.

02 · Exchanges

One Venue

Each South Africa exchange, covered.

JSE · Johannesburg

Johannesburg Stock Exchange

Africa’s largest stock exchange by market capitalisation, with a distinctive concentration in mining, financial services, and dual-primary-listed multinationals. South African exchange-control considerations are central to structuring for non-resident counterparties.

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03 · FAQ

South Africa · Block Trades

What holders ask about South Africa.

01How do you execute a South Africa block trade?

We work the line off the order book, off-market or at a negotiated price, and the block is then printed to Johannesburg Stock Exchange (JSE) under its block-trade rules. Black Haven Investments can take all or part of the risk on the line, so the seller achieves a clean exit at an agreed price.

02How large a block can you handle in South Africa?

It depends on the stock’s free float, daily traded volume and volatility. We assess each line on its merits and indicate a workable size and price range after reviewing the position.

03Does the block trade have to be disclosed?

Often, yes. A substantial transfer by a significant shareholder is generally disclosable under the relevant regime overseen by FSCA. We manage the sequencing and wording of any required notification around the trade.

04Can you finance the buyer of the block?

Yes. A block can be paired with a stock loan to the acquirer, so the newly acquired South Africa-listed line serves immediately as collateral for the financing that funds it.

04 · Adjacent Markets

Middle East & Africa

Countries adjacent to South Africa.

Saudi Arabia · United Arab Emirates · Israel · Qatar · Kuwait · Egypt · Nigeria

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A particular South Africa holding to talk through?

Send a confidential enquiry, and a senior principal will reply within one business day.

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