DCP 201612080026A
Announcement
Dis-Chem Pharmacies Limited
(Previously Dis-Chem Pharmacies Proprietary Limited)
(Incorporated in the Republic of South Africa)
(Registration number 2005/009766/06)
JSE share code: DCP
ISIN: ZAE000227831
(“Dis-Chem” or the “Company”)
Announcement
Shareholders are advised that, as set out in Dis-Chem’s Pre-Listing Statement dated 28
October, 2016 in relation to the listing of Dis-Chem on the main board of the JSE Limited,
Ivlyn Proprietary Limited (the “Major Shareholder”) granted The Standard Bank of South
Africa Limited, as stabilisation manager (the “Stabilisation Manager”) a put option pursuant
to which the Stabilisation Manager would be able to require the Major Shareholder to
purchase up to 31,096,339 Dis-Chem shares as a result of stabilisation transactions at or
below the offer price for a period of 30 calendar days post listing.
The Company would like to inform shareholders that no stabilisation transactions have been
required to be made as Dis-Chem shares have traded consistently above the offer price
since listing. Accordingly, the put option will be terminated by mutual consent between the
Stabilisation Manager and the Major Shareholder with the result that no future stabilisation
transactions will be effected
Midrand
8 December 2016
Sponsor
The Standard Bank of South Africa Limited
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