CHOPPIES ENTERPRISES LIMITED - Renewal of cautionary announcement

Renewal of cautionary announcement

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”)

 
RENEWAL OF CAUTIONARY ANNOUNCEMENT 

Shareholders are referred to the first cautionary announcement published on 14 August 2019
regarding the strategic decision of the Board of Directors of Choppies (“the Board”) to exit the
South African market.

The Board informs stakeholders that the execution of the divesture transaction process is on-going
and that the Board will continue to update the shareholders on the process which may result in
the divestment of Choppies Supermarkets SA (Pty) Ltd.

Per the announcement published on 1 November 2018, the trading of the Company shares on
both the BSEL and Johannesburg Stock Exchange (“JSE”) remains suspended until further notice.


By Order of the Board
18 October, 2019


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

BSEL Sponsoring Broker
African Alliance Botswana Limited

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




 

Date: 18/10/2019 08:30:00
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.