The JSE has formally approved the transfer of FoneWorx’s listing from the Alternative Exchange (AltX) to the Technology Hardware and Equipment sector of the Main Board of the JSE, with effect from the commencement of trade on Monday, 3 November 2014.
In addition, the board is proposing to change the name of the company to Cognition Holdings so as to better reflect the new strategic direction that the company has embarked upon.
Application has also been made to FTSE to change the company’s classification from Technology Hardware and Equipment to Software and Computer Services, which is expected to occur in the second quarter of 2015.