The APX is mindful that shareholder value is driven by a combination of transparency and an availability of information. The design and structure of APX ensures that investors can confidently participate in the market, because of:
Listee's Primary Needs Are Met
APX offers 3 tailored markets (Property Board, Hybrids & Debt Board and Equity Board), supported by a participant structure that facilitates ongoing access to capital, enhanced credibility of a public listing and a platform for strategic growth. Many investors will already be associated with a listee prior to listing, eg co-operatives.
Market integrity
Participation in formal capital markets enforces business disciplines, enabling full price discovery and participant accountability
Richness of information
The focused attention of brokers & research panellists.
Enhanced liquidity
The APX provides live information, ensuring all markets participants are fully informed which promotes greater liquidity.
Convenience
Listees do not have to change existing shareholder structures (eg spread; voting restrictions)
Access
APX can be accessed through the Internet, and trading 'tracked' accordingly
Transparency
Enforced business disciplines and strong reporting compliance requirements
Experience
APX model is an evolution and refinement of the successful Exempt Markets.