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WOOLWORTHS HOLDINGS LIMITED - Woolworths receives 90% relevant interest in Country Road

Release Date: 25/07/2014 10:15
Code(s): WHL     PDF:  
Wrap Text
Woolworths receives 90% relevant interest in Country Road

WOOLWORTHS HOLDINGS LIMITED
(Incorporated in the Republic of South Africa)
Registration number 1929/001986/06
Share code: WHL ISIN: ZAE000063863
(“WHL”)


WOOLWORTHS TAKEOVER BID FOR COUNTRY ROAD – WHL ACHIEVES 90%
RELEVANT INTEREST


Further to the announcement released earlier today, WHL is pleased to announce that it has
achieved over 90% relevant interest in Country Road Limited (“Country Road”). As a result
of acceptances received in respect of its takeover offer (made via Woolworths International
(Australia) II Pty Ltd) for Country Road, WHL today has a relevant interest in 99.84% of
Country Road.

WHL intends to proceed to commence compulsory acquisition of all outstanding Country
Road shares on Monday 28 July 2014.


Cape Town
25 July 2014


Investor contacts:

WHL

Ralph Buddle

Head of Corporate Projects
and Investor Relations

T: +27 21 407 3250
M: +27 83 412 4923



Media contacts:

WHL                              South Africa                 Australia

Susie Squire                     Brunswick                    Hintons
Head of Corporate Affairs &
PR                               Nic Bennett                  Angus Urquhart
T:+27 21 407 7546                T:+27 11 502 7300            T: +61 3 9600 1979
M:+27 60 532 3999               M:+27 71 442 2401           M: +61 402 575 684

                                Carol Roos                  Nerida Mossop
                                T:+27 11 502 7300           T: +61 3 9600 1979
                                M:+27 72 690 1230           M: +61 437 361 433



Financial and debt advisers to WHL:
Rothschild
Standard Bank


Legal advisers to WHL:
Gilbert +Tobin
Webber Wentzel
Linklaters


Transaction Sponsor to WHL:
Standard Bank


Independent Sponsor to WHL:
Rand Merchant Bank (a division of FirstRand Bank Limited)




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