New Clicks Holdings - Proposed Industrial Action a
New Clicks Holdings - Proposed Industrial Action at Clicks
New Clicks Holdings Limited
(Incorporated in the Republic of South Africa)
(Registration number 1996/000645/06)
JSE share code: NCL
ISIN: ZAE000014585
PROPOSED INDUSTRIAL ACTION AT CLICKS
Cape Town - The South African Commercial Catering and Allied Workers Union
(SACCAWU) has informed the management of Clicks that its members will be
embarking on a strike from Friday 7 October as the parties have been unable to
reach agreement on the annual wage increase.
Clicks has offered a wage increase of R225 per month to its staff who are
SACCAWU members, which is an increase of 8,8% over last year and well above the
current inflation rate. SACCAWU has so far rejected the offer.
In 2004 Clicks paid its staff an increase of R222,50 per month, a 9,3% increase.
Clicks remains committed to resolving the wage dispute through negotiation and
dialogue. The company will adopt a strict policy of "no work, no pay" towards
staff during any strike action.
The management of Clicks has implemented contingency plans in all stores across
the country to limit any possible inconvenience to customers should Clicks be
affected by the industrial action.
The proposed strike does not affect the professional pharmacy staff of Clicks.
Ends
Issued by Tier 1 Investor Relations on behalf of Clicks
For further information contact
Tier 1 Investor Relations
Tel (021) 702-3102
5 October 2005
Date: 05/10/2005 04:29:13 PM Produced by the JSE SENS Department
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