MASSMART HOLDINGS LIMITED - Circular to shareholders: A Scrip Distribution or, as an alternative, an election to receive a cash dividend

Circular to shareholders: A Scrip Distribution or, as an alternative, an election to receive a cash dividend

Massmart Holdings Limited
(Incorporated in the Republic of South Africa)
Company registration No. 1940/014066/06
JSE Code: MSM
ISIN: ZAE 000152617
("Massmart" or the "Company")


CIRCULAR TO SHAREHOLDERS: A SCRIP DISTRIBUTION OR, AS AN ALTERNATIVE, AN ELECTION TO
RECEIVE A CASH DIVIDEND


Further to the Company's results announcement released on 28 February 2019 in which the Board of Directors
of the Company informed Shareholders of the Board’s resolution to declare and issue a scrip dividend
(“Scrip Distribution”), or as an alternative offer Shareholders an election to receive a cash dividend in respect their
ordinary shares held in Massmart as at the record date, being Friday, 29 March 2019, Shareholders are hereby
notified that a Circular containing details and salient terms of the Scrip Distribution and relevant dates in respect
thereof will be available in electronic form on Massmart’s website: www.massmart.co.za from
Monday, 4 March 2019. Copies of the Circular may be obtained from the registered office of Massmart, at
16 Peltier Drive, Sunninghill, Sandton, Gauteng during normal business hours on business days from
Monday, 4 March 2019 up to and including, Friday, 29 March 2019 (both days inclusive).


4 March 2019

Sponsor
JP Morgan Equities South Africa (Pty) Ltd




For enquiries relating to the Circular please note the contacts below:

Massmart Group Company Secretary
Mr Joe Ralebepa
info@massmart.co.za / +27 517 0045

Massmart Legal Advisors
Cliffe Dekker Hofmeyr Inc
Mr Roelof Bonnet - +27 11 5621 226

Massmart Sponsor
JP Morgan Equities South Africa Proprietary Limited
Mr Ruben Govender - +27 11 5070 430

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