Rainbow chicken listing on the JSE: how does it impact the consumer?

Ray White speaks to Marthinus Stander, MD at Rainbow Chicken. 

Listen to the interview in the audio player below. 

Rainbow Chicken Limited has fulfilled all Johannesburg Stock Exchange (JSE) standards, and its shares are now available for trade on the JSE.

Founded in 1960 as a family-owned business, its since become one of South Africa’s largest poultry providers. 

Now one of South Africa's leading poultry firms, Rainbow was unbundled from its parent company RCL Foods and listed on the JSE. 

The poultry provider’s unbundling will be implemented through a distribution of 890, 296 405 ordinary shares, which started trading from 1 July. 

Speaking to Ray White on The Money Show, Marthinus Stander, MD at Rainbow Chicken explains what the benefits could possibly be fore shareholders. 

"There are now shareholders who've got to decide whether they want to remain in for the potential upside in what Rainbow can do, or whether they want to decouple them from the commodities and sell the shares."

- Marthinus Stander, MD - Rainbow Chicken

"...all that we want to do and show, and we think we can is to return good numbers for this financial year. And at the same time, yes there will be an element of growth and product development, new products etc. Innovation, and we must remain relevant to the consumer."

- Marthinus Stander, MD - Rainbow Chicken

"Chicken is always in demand. The most favoured protein, most versatile. We're passionate about chicken because it's just such a wonderful product to produce."

- Marthinus Stander, MD - Rainbow Chicken

Scroll to the top to listen to the interview.