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CHOPPIES ENTERPRISES LIMITED - Acquisition of retail stores owned by Jwayelani Retail (Proprietary) Limited

Release Date: 04/02/2016 11:00
Code(s): CHP     PDF:  
Wrap Text
Acquisition of retail stores owned by Jwayelani Retail (Proprietary) Limited

Choppies Enterprises Limited
(Registration number 2004/1681)
JSE share code: CHP
BSE share code: CHOPPIES
ISIN: BW0000001072
Tax reference number: C08710401018
(“Choppies” or the “Company”)

ACQUISITION OF RETAIL STORES OWNED BY JWAYELANI RETAIL (PROPRIETARY) LIMITED

Choppies shareholders are referred to the announcement released on 21 December 2015 regarding
the Company’s proposed acquisition of retail stores owned by Jwayelani Retail (Proprietary) Limited
(“the acquisition”). The Competition Commission of South Africa has approved the Acquisition and
all conditions precedent have now been fulfilled.

The effective date of the Acquisition is 1 March 2016.


By order of the Board


Chief Executive Officer
4 February, 2016.

The Company’s primary listing is on the Botswana Stock Exchange and its secondary listing is on the
Johannesburg Stock Exchange.

BSE Sponsoring Broker
African Alliance Botswana Limited

JSE Sponsor
RAND MERCHANT BANK (A division of FirstRand Bank Limited)

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