SHOPRITE HOLDINGS LIMITED - Finalisation Announcement In Respect Of The Redemption Of Preference Shares

Finalisation Announcement In Respect Of The Redemption Of Preference Shares

Shoprite Holdings Limited
(Incorporated in the Republic of South Africa)
(Registration number 1936/007721/06)
ISIN no: ZAE000012084
JSE share code: SHP
NSX share code: SRH
LUSE share code: SHOPRITE
(“Shoprite Holdings” or “the Company”)


Shoprite Holdings 6% cumulative preference shares (“SHP1” or
the “Preference Shares”)
JSE Share Code: SHP1
ISIN no: ZAE000006672


FINALISATION ANNOUNCEMENT IN RESPECT OF THE REDEMPTION OF
PREFERENCE SHARES


1.   INTRODUCTION

Shareholders are referred to the announcements released on
SENS on 29 September 2014, 27 October 2014 and 31 October 2014
regarding the amendments to the Company’s Memorandum of
Incorporation (“MOI”) in order to convert the Preference
Shares currently in issue and listed on the JSE Limited’s Main
Board, being SHP1, into cumulative redeemable preference
shares, to be redeemed at a price of R2.00 (two Rand) per
Preference Share on 17 November 2014 (the “Redemption”).


The Company is pleased to advise Shareholders that the
resolutions to give effect to the Redemption have been
accepted and placed on file by the Companies and Intellectual
Property Commission (“CIPC”).


Shareholders are reminded of the following salient dates in
terms of the Redemption of the SHP1 Preference Shares:

                                                                    2014
Finalisation announcement relating to
the Redemption of SHP1 Preference Shares
released on SENS on                                   Friday, 14 November
Finalisation announcement relating to
the Redemption of SHP1 Preference Shares
published in the press on                             Monday, 17 November
Last date to trade in the SHP1
Preference Shares to be eligible for the
Redemption on                                         Friday, 21 November
Suspension of SHP1 Preference Shares on
the JSE trading system on                             Monday, 24 November
Record date to determine the
shareholders whose SHP1 Preference
Shares will be subject to the Redemption
on                                                    Friday, 28 November
Redemption of the SHP1 Preference Shares
on                                                      Monday, 1 December
Payment of cash for the Redemption of
the SHP1 Preference Shares on                           Monday, 1 December
Termination of SHP1 Preference Shares on
the JSE trading system at commencement
of traded on                                          Tuesday, 2 December

Notes:
1. Shareholders   may   not   dematerialise   or   rematerialise   their   SHP1
   preference shares after Friday, 21 November 2014.



Cape Town
14 November 2014


Transactional Sponsor and Corporate Advisor
Bravura Capital (Pty) Ltd

Date: 14/11/2014 09:31:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE'). 
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