29 Sep Announcements
Securities Exchange Notices | Shoprite Holdings Limited | Announcements
The Board of Directors of Shoprite Holdings has resolved to propose amendments to the Company’s MOI in order to convert the Shoprite preference shares currently in issue and listed on the JSE Limited’s Main Board, being SHP1, SHP2, SHP3 and SHP4(“Preference Shares”), into cumulative redeemable preference shares.
Shoprite Holdings is providing for the compulsory redemption of the Preference Shares at a price of R2.00 (two Rand) per Preference Share on 17 November 2014 (the “Redemptions”).
