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Fri 6 Nov 2026
Close: 2 519c 
Day's move: -11c (-0.43%)
Volume: 2 107 569
Trades: 1 809
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Pick n Pay - changes to the board
Pick n Pay has announced changes to its Board and committee appointments. Professor Haroon Bhorat will step down as Chair of, and member of, the Social, Ethics and Transformation Committee (SETC), effective 1 February 2027. Thabo Leeuw will succeed him as SETC Chair. Bhorat retains his roles as Chair of the Remuneration Committee as well as membership of the Group Audit, Risk and Compliance Committee, Nominations and Corporate Governance Committee, and Finance and Investment Committee. As part of succession planning, Pooven Viranna will succeed Aboubakar Jakoet as Chair of the Group Audit, Risk and Compliance Committee when Jakoet retires at the 2027 AGM in August 2027. Finally, Grant Pattison has resigned as an independent non-executive director with immediate effect to pursue new opportunities.
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Pick n Pay - trading statement & labour agreement
Pick n Pay is currently finalising its H1 FY27 results, which are expected to be released on SENS on Monday, 26 October 2026.
The Group is therefore able to advise investors that its expected H1 FY27 loss per share and headline loss per share fall within the ranges set out in the table below.
Expected range improvement % chang; Expected range 26 weeks to 30 August 2026 H1 FY27 Cents per share and Reported 26 weeks to 31 August 2025 H1 FY26 Cents per share
Loss per share (EPS) - +40% to +50%; -40.52 to -33.77; -67.53
Diluted EPS - +40% to +50%; -40.52 to -33.77; -67.53
Headline loss per share (HEPS) - +25% to +35%; -44.83 to -38.85; -59.77
Diluted HEPS - +25% to +35%; -44.83 to -38.85; -59.77
Successful store labour agreement reached and withdrawal of Section 189A consultation process
Pick n Pay has reached agreement with SACCAWU, its primary labour partner, marking a successful conclusion to the consultation process. As a result, the Company has formally withdrawn the consultation process initiated in terms of Section 189A of the Labour Relations Act. Further information will be provided as part of our H1 FY27 results publication on Monday, 26 October 2026.
H1 FY27 results announcement and presentation
Pick n Pay plans to release its H1 FY27 financial results on SENS at 7:05am on Monday, 26 October 2026. An online and in-person results presentation will follow at 8:30am. Stakeholders are invited to register for the results presentation webcast via the following link: www.corpcam.com/PnP26102026.
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Pick n Pay - appointment of CEO-designate
The Board of Directors of Pick n Pay has appointed Spencer Sonn as Chief Executive Officer-designate for the Group with effect from 1 February 2027.
Spencer will work closely with current Chief Executive Officer, Sean Summers, as part of a planned and orderly leadership transition that will support continuity and the continued execution of the Group's strategy.
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| Closing price data source: JSE Ltd. All other statistics calculated by ProfileData. |
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