Notice to Noteholders regarding the Renewal of the Joint Cautionary Announcement released by Shoprite and Steinhoff
Shoprite Investments Limited
(Incorporated in the Republic of South Africa)
(Registration number 1985/000928/06)
Stock code: SHPCB
NOTICE TO NOTEHOLDERS REGARDING THE RENEWAL OF THE JOINT CAUTIONARY
ANNOUNCEMENT RELEASED BY SHOPRITE AND STEINHOFF
Noteholders are referred to the renewal of the joint cautionary
announcement released on the Stock Exchange News Service (“SENS”)
today, on 31 January 2017, advising that Shoprite Holdings Limited
(“Shoprite”), the Guarantor to the ZAR4,700,000,000 6.5% Fixed Rate
Senior Unsecured Guaranteed Convertible Registered Bonds, remains
engaged in exclusive on-going negotiations with Steinhoff
International Holdings N.V (“Steinhoff”) regarding the potential sale
of Steinhoff’s Africa retail assets to Shoprite.
In this regard, noteholders should also consider the contents of the
Shoprite/Steinhoff joint cautionary announcement, released on SENS on
14 December 2016, when trading in their Shoprite Investments
31 January 2017
Rand Merchant Bank (A division of FirstRand Bank Limited)
Date: 31/01/2017 09:00:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE').
The JSE does not, whether expressly, tacitly or implicitly, represent, warrant or in any way guarantee the truth, accuracy or completeness of
the information published on SENS. The JSE, their officers, employees and agents accept no liability for (or in respect of) any direct,
indirect, incidental or consequential loss or damage of any kind or nature, howsoever arising, from the use of SENS or the use of, or reliance on,
information disseminated through SENS.
Email this JSE Sens Item to a Friend.