PIETER Dry is the CEO of CSG.Pieter Dry, CEO of CSG, speaks about the group’s decision to issue more shares in a private placement as a step towards transferring its listing to the JSE’s main board.BUSINESS DAY TV: Industrial and commercial services group CSG Holdings has its sights on the JSE’s main board. It’s issued 29.2-million shares as part of a private placement, raising R35m. So is this illiquid stock, often described as the forgotten child within the PSG Equity stable, finally stepping up? CEO of the company, Pieter Dry joins us on News Leader.Pieter...so that’s bulk of the rationale right, enhancing your profile, improving your shareholder spread liquidity...in fact all shareholders including PSG Private Equity agreed not to participate in the private placement so that you can achieve just this?Pieter Dry: That’s correct. Right from the beginning when we started with our listing 2.5 years ago, it was part of the strategy to eventually be able to move to the main board. So ...
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