Momentum Metropolitan Rebrands as Momentum Group Amid Shareholder Approval

  • Name Change Approved: Shareholders of Momentum Metropolitan Holdings approve rebranding to Momentum Group Limited.
  • Key Transition Dates: Trading under new name starts July 17; record date for name change is July 19.
  • Sponsorship Details: Merrill Lynch South Africa sponsors in South Africa; Simonis Storm Securities in Namibia.

Momentum Metropolitan Holdings Limited, a leading South African financial services company, has announced a finalization of its name change. Effective July 17, 2024, the company will be known as Momentum Group Limited.

Shareholder Approval

The company’s shareholders approved the name change on July 1, 2024. The special resolution for the name change was accepted by the Companies and Intellectual Property Commission.

Key Dates for Name Change

The company has outlined important dates for the transition:

EventDate
Last day to trade under old nameJuly 16, 2024
Start trading under new nameJuly 17, 2024
Record date for name changeJuly 19, 2024
Update dematerialized accountsJuly 22, 2024
Issuance of new share certificatesJuly 22, 2024

Conclusion

Momentum Metropolitan Holdings Limited’s transition to Momentum Group Limited marks a significant milestone. The company’s shareholders have shown strong support for this change. With the finalization of this name change, Momentum Group Limited is poised to continue its growth trajectory.


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