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CHOPPIES ENTERPRISES LIMITED - Resolution of the Zimbabwe litigation

Release Date: 23/01/2019 09:00
Code(s): CHP     PDF:  
Wrap Text
Resolution of the Zimbabwe litigation

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")


Choppies Enterprises Limited hereby advises the public and its shareholders that the shareholders
and directors of Nanavac Investments (Private) Limited ("Nanavac"), a subsidiary of Choppies
operating in Zimbabwe, have amicably resolved and settled all issues, matters, cases and disputes
between Nanavac and Siqokoqela and Phelekezela Mphoko (the "Mphoko’s").

The Mphoko’s have disinvested from Nanavac and have no further interests in Nanavac and/or
Choppies and its business.

By Order of the Board
23 January, 2019

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)

Date: 23/01/2019 09:00:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE'). 
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