THE SPAR GROUP LIMITED - No change statement, Notice of AGM, availability of BEE report and changes to the board of directors

No change statement, Notice of AGM, availability of BEE report and changes to the board of directors

THE SPAR GROUP LIMITED
(Incorporated in the Republic of South Africa)
(Registration number: 1967/001572/06)
JSE Code: SPP
ISIN: ZAE000058517
(“SPAR” or the “Company”)


NO CHANGE STATEMENT, NOTICE OF ANNUAL GENERAL MEETING, AVAILABILITY OF THE
BROAD-BASED BLACK ECONOMIC EMPOWERMENT (“B-BBEE”) ANNUAL COMPLIANCE
REPORT AND CHANGES TO THE BOARD OF DIRECTORS

1. NO CHANGE STATEMENT

  Shareholders are advised that the Company’s 2019 Integrated Annual Report (“IAR”) and Annual
  Financial Statements for the year ended 30 September 2019 ("Annual Financial Statements") are
  available on the Company’s website at https://investor-relations.spar.co.za/ir2019.

  The Company’s abridged IAR, incorporating summarised Annual Financial Statements, was posted to
  shareholders today, Monday, 23 December 2019.

  The Annual Financial Statements and auditors report thereon do not contain any changes to the
  financial information contained in the preliminary summarised results, which were published on SENS
  on Wednesday, 13 November 2019, or the auditor’s report thereon.

2. NOTICE OF ANNUAL GENERAL MEETING

  Notice is hereby given that the annual general meeting of the Company (“AGM”) will be held in the
  Company’s boardroom, 22 Chancery Lane, Pinetown, Durban, South Africa on Tuesday,
  11 February 2020 at 09:00, to transact the business as stated in the notice of AGM, which forms part
  of the abridged IAR.

  The record date to determine which shareholders are entitled to attend, participate in and vote at the
  AGM is Friday, 31 January 2020. Accordingly, the last day to trade will be Tuesday, 28 January 2020.

3. AVAILABILITY OF THE B-BBEE ANNUAL COMPLIANCE REPORT

  Shareholders are advised that the Company’s annual compliance report prepared pursuant to section
  13G(2) of the Broad-Based Black Economic Empowerment Amendment Act No.53 of 2003, is
  available on SPAR’s website at https://www.spar.co.za/About-SPAR/Company.

4. CHANGES TO THE BOARD OF DIRECTORS

  In compliance with paragraph 3.59(b) of the JSE Limited Listings Requirements, Shareholders are
  advised that:

  -   Mr Chris Wells will retire as an independent non-executive director of the Company at the
      upcoming AGM. Mr Wells was appointed to the SPAR board of directors (“Board”) in 2011. The
      Board would like to thank Mr Wells for his service to the Company during his tenure; and
   -  Messrs Mike Hankinson and Graham O’Connor, chairman of the Board and chief executive
      officer of the Company, respectively, who were due to retire at the upcoming AGM, have, at the
      request of the nomination committee, agreed to extend their tenure for another year (i.e. until the
      AGM in 2021).


Pinetown
23 December 2019

Sponsor
One Capital

Date: 23-12-2019 01:10:00
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