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SHOPRITE HOLDINGS LIMITED - Shoprite Holdings launches sponsored American Depository Receipt Programme

Release Date: 05/12/2013 10:00
Code(s): SHP     PDF:  
Wrap Text
Shoprite Holdings launches sponsored American Depository Receipt Programme

Shoprite Holdings Limited

(Incorporated in the Republic of South Africa)

(Registration number 1936/007721/06)

ISIN no: ZAE 000012084

JSE share code: SHP

NSX share code: SRH

(“Shoprite Holdings”)





SHOPRITE HOLDINGS LAUNCHES SPONSORED AMERICAN DEPOSITORY RECEIPT

PROGRAMME







Shoprite Holdings unitholders are advised that Shoprite Holdings launched a sponsored

American Depository Receipt (“ADR”) programme today on the over-the-counter market in

the United States (“US”) through Bank of New York Mellon (“BNY Mellon”).



Each depository receipt in the ADR programme represents one (1) ordinary share in Shoprite

Holdings and trades under the symbol “SRGHY”.





Shoprite Holdings has a growing international ownership base, which over the past five years

has grown to over 50% of the total shareholder base with US investors representing

approximately 62% of these international investors which, by country, is the largest investor

base.



By establishing the ADR programme, Shoprite Holdings hopes to make investing in Shoprite

Holdings accessible to more international investors, particularly US investors.





Cape Town

Date: 5 December 2013



Sponsor

Nedbank Capital



















Z:\Corporate Finance\Clients\S\Shoprite\Sponsor\Announcements & ad hoc work\Announcements 2013\ADR Programme\Shoprite ADR Programme 5 December 2013.doc




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