Our commitment to a smooth transition ensures minimal disruption to our operations. We have robust plans to maintain stability and efficiency, continuing our tradition of excellence. We look forward to innovative developments in our product offerings, enhanced community initiatives, and a stronger brand presence." The poultry provider's unbundling will be implemented through a distribution of 890, 296 405 ordinary shares, in the ratio of 1 Rainbow Chicken Limited. share for every 1 RCL Foods Limited share held – with shares set to start trading from 1 July. "We are thrilled to welcome Rainbow Chicken to the JSE as an organisation seeking new growth avenues for the business, and pleased that the company selected the JSE as a preferred venue to unlock value," says Valdene Reddy, Director of Capital Markets at the JSE. "We've already seen several listings in recent years where an entity has chosen to unbundle, usually to find new direct access to equity markets and supporting firms as they expand.