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Shoprite Holdings Ltd (SHPJ.J)

SHPJ.J on Johannesburg Stock Exchange

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Latest Key Developments (Source: Significant Developments)

Shoprite Says Invesco Holds 4.895% Of Total Issued Ordinary Shares Of Co
Wednesday, 26 Jun 2019 

June 26 (Reuters) - Shoprite Holdings Ltd ::DISCLOSURE OF DISPOSAL OF SECURITIES BY INVESCO LTD.TOTAL BENEFICIAL INTEREST OF ORDINARY SHARES HELD BY INVESCO REDUCING TO 4.895% OF TOTAL ISSUED ORDINARY SHARES OF CO.  Full Article

Shoprite Enters Agreement With Thibault, Titan To Terminate Deal
Monday, 3 Jun 2019 

June 3 (Reuters) - Shoprite Holdings Ltd ::JSE: SHP - UPDATE ON THE PROPOSED TRANSACTION WITH THE SHOPRITE HOLDINGS DEFERED SHARES.SHOPRITE HOLDINGS LTD - ENGAGED WITH SHAREHOLDERS HOLDING OVER TWO-THIRDS SHARE CAPITAL.SHOPRITE - GOT WRITTEN NOTIFICATIONS FROM OVER 15% OF SHAREHOLDERS INDICATING THEY WILL NOT VOTE IN FAVOUR OF RESOLUTIONS REQUIRED FOR PROPOSED DEAL.SHOPRITE - SHOPRITE, THIBAULT, TITAN, ENTERED CANCELLATION AGREEMENT ON 3 JUNE 2019 TO TERMINATE TRANSACTION AGREEMENT WITH IMMEDIATE EFFECT.SHOPRITE HOLDINGS - EFFECT OF CANCELLATION AGREEMENT ON 3 JUNE OF TRANSACTION AGREEMENT IS THAT PROPOSED TRANSACTION WILL NOT BE IMPLEMENTED.  Full Article

Shoprite Says Invesco Ltd Now Holds 5.42% Of Total Issued Ordinary Shares Of Co
Monday, 27 May 2019 

May 27 (Reuters) - Shoprite Holdings Ltd ::DISCLOSURE OF ACQUISITION OF SECURITIES BY INVESCO LTD.TOTAL BENEFICIAL INTEREST OF CO'S ORDINARY SHARES HELD BY INVESCO LTD INCREASING TO 5.42% OF TOTAL ISSUED ORDINARY SHARES OF CO.  Full Article

Shoprite Says Titan To Acquire Co's Ordinary Shares Held By Thibault
Thursday, 18 Apr 2019 

April 18 (Reuters) - Shoprite Holdings Ltd ::DETAILED TERMS OF THE PROPOSED TRANSACTION WITH THE SHOPRITE DEFERRED SHARES AND A WITHDRAWAL OF CAUTIONARY.CO ENTERED INTO TRIPARTITE AGREEMENT WITH THIBAULT SQUARE FINANCIAL SERVICES PROPRIETARY LTD, TITAN PREMIER INVESTMENTS PROPRIETARY.PROPOSED TRANSACTION WILL BE IMPLEMENTED THROUGH SPECIFIC ISSUE OF 20 MILLION NEW SHOPRITE HOLDINGS SHARES TO TITAN.TITAN TO ACQUIRE SHOPRITE HOLDINGS ORDINARY SHARES HELD BY THIBAULT.PROPOSED TRANSACTION WILL BE SUBJECT TO STANDARD WARRANTIES AND CONSIDERATION SHARES WILL BE SUBJECT TO A 180-DAY LOCK-UP PERIOD.PROPOSED TRANSACTION EXPECTED TO RESULT IN POTENTIAL ONCE-OFF REDUCTION IN EARNINGS, HEADLINE EARNINGS OF C.R3.3 BILLION.TOTAL SHARES IN ISSUE TO INCREASE FROM 591.3 MILLION TO 611.3 MILLION POST ISSUANCE OF CONSIDERATION SHARES, WHICH WILL AFFECT EPS, HEPS CALCULATIONS.PROPOSED TRANSACTION NOT EXPECTED TO HAVE ANY DIRECT MATERIAL IMPACT ON FUTURE EARNINGS OR CASH FLOW OF SHOPRITE HOLDINGS.TITAN GROUP HAS INDICATED TO SHOPRITE HOLDINGS THAT ITS INTENTION IS TO REMAIN A LONG-TERM SHAREHOLDER.WIESE HAS INDICATED HIS INTENTION POST PROPOSED TRANSACTION TO REMAIN AS CHAIRMAN OF BOARD OF DIRECTORS OF SHOPRITE HOLDINGS.  Full Article

Shoprite HY Total Turnover Rises Marginally
Tuesday, 22 Jan 2019 

Jan 22 (Reuters) - Shoprite Holdings Ltd ::OPERATIONAL UPDATE.SHOPRITE GROUP INCREASED TOTAL TURNOVER BY 0.03% TO APPROXIMATELY R72.9BN BILLION IN 6 MONTHS TO DECEMBER 2018.INCLUDING IMPACT OF ANGOLAN HYPERINFLATION ACCOUNTING ADJUSTMENT, GROUP'S HY TURNOVER DECLINED BY 0.01%.GROUP MANAGED TO INCREASE NUMBER OF CUSTOMER VISITS BY 1.7% IN HY AND PRODUCT VOLUMES BY 0.2% IN HY.EXPANSION REMAINS ON TRACK WITH 50 NEW SUPERMARKETS OPENED IN PERIOD, AND PLANS ARE FINALISED TO OPEN ANOTHER 37 BEFORE JUNE 2019.LOW FOOD INFLATION AND DEMANDING TRADING CONDITIONS ARE EXPECTED TO CONTINUE IN SECOND HALF.  Full Article

Shoprite Holdings Recalls Farmer’S Deli Red Viennas‍​
Friday, 16 Mar 2018 

March 16 (Reuters) - Shoprite Holdings Ltd ::RECALLS FARMER’S DELI RED VIENNAS‍​.RECALLED BATCH OF FARMER’S DELI RED VIENNAS PACKED FOR THE GROUP FROM ITS PERISHABLE DEPARTMENTS.RECALL FOLLOWS NOTIFICATION FROM WINELANDS DISTRICT ENVIRONMENTAL HEALTH PRACTITIONER ‍​.FURTHER TESTING NECESSARY TO CONFIRM PRESENCE OF HARMFUL LEVELS OF LISTERIA BACTERIA, RESULTS OF FURTHER TESTING WILL TAKE ANOTHER 5 WORKING DAYS.RECALL DUE TO LISTERIA MONOCYTOGENES FOUND IN SINGLE BATCH AND IS NOT LINKED TO THE RECENT LISTERIA ST6 RECALL RELATED TO ENTERPRISE FOOD.  Full Article

Shoprite Holdings Posts ‍HY Diluted HEPS Of 525.2 Cents, Up 14.2 Pct​
Monday, 26 Feb 2018 

Feb 26 (Reuters) - Shoprite Holdings Ltd ::‍HY DILUTED HEADLINE EARNINGS PER SHARE OF 525.2 CENTS, UP 14.2%​.HY DIVIDEND PER SHARE OF 205 CENTS DECLARED, AN INCREASE OF 13.9% OVER 180 CENTS OF CORRESPONDING PERIOD.‍HY TURNOVER INCREASED BY 6.3% TO R75.823 BILLION​.HY ‍TRADING PROFIT INCREASED BY 5% TO R4.104 BILLION​.GROUP RESULTS WERE BOOSTED BY A STRONG PERFORMANCE IN OUR CORE SOUTH AFRICAN SUPERMARKET OPERATIONS.‍EXPECTS TO RETAIN ITS MARKET-LEADING GROWTH AND REMAINS CAUTIOUSLY OPTIMISTIC FOR A FURTHER IMPROVEMENT IN PERFORMANCE IN 2018​.EXPERIENCED DEFLATION IN MOST PRODUCT RANGES IN HY.‍GROUP OPENED A NET 158 NEW STORES DURING PAST 12 MONTHS AND AT END OF DECEMBER WAS TRADING FROM 2 811 OUTLETS​.REMAINS CAUTIOUSLY OPTIMISTIC FOR A FURTHER IMPROVEMENT IN PERFORMANCE IN 2018."‍GROUP CONTINUES TO FACE EXTREMELY TESTING TRADING CONDITIONS​".‍"SALES IN NON-RSA BUSINESS WILL REMAIN UNDER PRESSURE IN COMING MONTHS​".  Full Article

SA's Competiton Tribunal Says Dismisses Massmart Complaint Against Retailers
Tuesday, 13 Feb 2018 

Feb 13 (Reuters) - SOUTH AFRICA'S ‍COMPETITION TRIBUNAL::UPHELD EXCEPTIONS TAKEN BY RETAILERS SHOPRITE CHECKERS, PICK 'N PAY RETAILERS AND SPAR IN RESPECT OF AMENDED REFERRAL BY MASSMART​.TRIBUNAL FOUND THAT PROBLEMS ASSOCIATED WITH REFERRAL REMAINED AND UPHELD OBJECTIONS​.THERE WOULD BE NO PURPOSE SERVED BY ALLOWING MASSMART OPPORTUNITY TO AMEND ITS REFERRAL, IT DECIDED TO DISMISS REFERRAL WITH COSTS.  Full Article

Shoprite Holdings' HY Turnover up 6.3 pct
Tuesday, 16 Jan 2018 

Jan 16 (Reuters) - Shoprite Holdings Ltd ::‍INCREASED TURNOVER BY 6.3% FOR SIX MONTHS TO DECEMBER 2017​.‍SUPERMARKETS RSA, GROUP'S PRIMARY BUSINESS, INCREASED SALES BY 7.8% DURING HY.  Full Article

South Africa's Wiese sells 1.1 billion rand of Shoprite shares - filings
Thursday, 21 Dec 2017 

Dec 21 (Reuters) - South African Investor Christo Wiese Sells Additional 1.1 Billion Rand ($87 Million) Of Shares In Grocer Shoprite , exchange filings show.:.  Full Article