, May 8 -- The Spar model is predominantly driven by the strength of entrepreneurial independent retailers at the heart of their communities.

It offers investors exposure to groceries, liquor, pharmaceuticals and building materials in Southern Africa. In Europe, the Group also has exposure to corporate grocery retail stores, cash-and-carry businesses and food services.

"This secondary listing will allow investors to have easy access to our stock at very low transaction costs. The listing through the A2X secondary-listing platform will also come with improved liquidity and narrower spreads", says group CEO of Spar, Angelo Swartz.

A2X CEO Kevin Brady said, "Spar is a trusted brand in South Africa and in many places across the world. We a...