/ 20 June 1999

MONEYWEB LISTING SUCESSFUL

INTERNET-based media company Moneyweb had a successful listing on the JSE’s Development Capital board on Thursday. The share opened at 180 cents (issue price 100 cents), reached a high of 208 cents and a low of 168 cents. A total of 10-million ordinary shares were issued of which 1,5-million were allocated to Moneyweb subscribers. The balance was placed with selected financial institutions, broking members of the JSE as well as business associates and staff of Moneyweb.