PIK - Pick n Pay Stores Ltd - Partial De-Listing Of Shares
PIK
PIK
PIK - Pick n Pay Stores Ltd - Partial De-Listing Of Shares
Pick n Pay Stores Ltd
(Incorporated in the Republic of South Africa)
(Registration number 1968/008034/06)
Share code: PIK
ISIN: ZAE000005443
("the company")
PARTIAL DE-LISTING OF SHARES
On 25 February 2010 the JSE Limited approved the de-listing of 25 736 561
ordinary shares in the capital of the company, following the re-purchase and
cancellation of these shares. This represents 5.08% of the company`s issued
share capital, immediately prior to the cancellation.
These shares were held as treasury shares by a subsidiary company, which company
repurchased the shares in terms of a general authority approved by shareholders
at the Annual General Meetings held in years June 2002 to June 2005.
The cancellation of these shares has no financial impact on the headline
earnings (diluted and undiluted) and earnings (diluted and undiluted) of the
Pick n Pay Stores Limited Group.
Following the cancellation the company has 480 397 321 ordinary shares in issue
of 1.25 cents each.
Cape Town
25 February 2010
Sponsors: Investec Bank
Date: 25/02/2010 15:53:02 Produced by the JSE SENS Department.
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