SHOPRITE HOLDINGS LIMITED - Fulfilment of Conditions Precedent to the establishment of a joint venture by Shoprite Holdings and Equites Property
Fulfilment of Conditions Precedent to the establishment of a joint venture by Shoprite Holdings and Equites Property
SHOPRITE HOLDINGS LIMITED
(Incorporated in the Republic of South Africa)
Registration no. 1936/007721/06
ISIN: ZAE000012084
JSE share code: SHP
NSX share code: SRH
LuSE share code: SHOPRITE
(“Shoprite Holdings” or the “Company”)
FULFILMENT OF CONDITIONS PRECEDENT TO THE ESTABLISHMENT OF A JOINT VENTURE BY
SHOPRITE HOLDINGS AND EQUITES PROPERTY FUND LIMITED
Shareholders are referred to the detailed terms announcement released on SENS on 25 February 2020
relating to the establishment of a joint venture company by Shoprite Holdings, through its wholly-owned
subsidiary Shoprite Checkers Proprietary Limited, and Equites Property Fund Limited (the “Proposed
Transaction”).
Shareholders are advised that the remaining conditions precedent have now been met. Accordingly, the
Proposed Transaction is now unconditional.
Cape Town
14 September 2020
Financial Advisor and Transaction Sponsor: Investec Bank Limited
Date: 14-09-2020 09:54:00
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