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109.15
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Wellnex Life (ASX: $WNX) to dual list on the london stock exchange

Wellnex Life's Dual Listing on London Stock Exchange


Wellnex Life Limited (ASX: $WNX) has announced its decision to dual list on the London Stock Exchange (LSE) to accelerate its international expansion. The company has appointed UK based Strand Hanson as Financial Advisor and Barclay Pearce Capital and UK based Orana Corporation as joint-lead brokers for the dual listing. This move is expected to provide Wellnex with a pathway to accelerate its growth both domestically and internationally.

Executive Commentary on Dual Listing


Mario Tascone, Chairman of Wellnex, expressed his excitement about the opportunity presented by the dual listing on the London Stock Exchange. He highlighted the potential for the company to grow its business internationally and take advantage of numerous opportunities in new markets. Tascone also emphasized the company's commitment to increasing its presence in the domestic market while leveraging the dual listing to explore international growth prospects.

Summary of Wellnex Life's Dual Listing Announcement


Wellnex Life Limited (ASX: $WNX) has taken a significant step towards accelerating its international expansion by announcing a dual listing on the London Stock Exchange. The company's decision to appoint UK based advisors and joint-lead brokers for the listing reflects its commitment to leveraging this opportunity for growth. The dual listing is expected to provide Wellnex with greater exposure to institutional investors and aligns with its international growth strategy. With existing supply agreements in the UK, UAE, and Asian markets, the company aims to capitalize on the dual listing to further expand its presence in these regions. Wellnex's move to dual list on the LSE signifies its ambition to drive exposure for the business, increase shareholder value, and explore new international opportunities.

WELLNEX LIFE LIMITED
WNX | ASX | Consumer Staples
0.027-0.001(-3.57%)
At close 05/07 (AEDT)
Market cap
$36.1M
Volume
2,737,420
DY Yield
0
PE Ratio
0
52 Week Range
0.017 - 0.035
1YR Return
N / A

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