Every Spin-Off
WeBuyCars
WBC SJCompletedZABuys used cars from the public and resells them to consumers and dealers through large car supermarkets, auctions and online in South Africa.
Transaction Capital unbundled its stake in used-car buyer and dealer WeBuyCars at 0.32678 WBC shares per Transaction Capital share, with WeBuyCars listing on the JSE Main Board.
- Distribution date
- 11 Apr 2024
- Structure
- Spin-off
- Parent
- Transaction Capital (TCP SJ)
- Spin-off ticker
- WBC SJ
- Listing
- JSE Main Board
- Market
- South Africa
- Sector
- Consumer discretionary
- Size
- small
Source documents
- Press releaseFinalisation announcement (04/03/24)
- PresentationNot located
- Prospectus / demerger documentNot located
- Sourcesenspdf.jse.co.za (tax apportionment, 04/12/24)
- Sourcesenspdf.jse.co.za (circular posting, 02/16/24)
- Sourcedailymaverick.co.za
Every Spin-Off research
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