WHL: WOOLWORTHS HOLDINGS LIMITED - Notification in terms of section 122(3) of the Companies Act
December 03, 2018 at 10:12 am EST
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WHL: WOOLWORTHS HOLDINGS LIMITED - Notification in terms of section 122(3) of the Companies Act
WHL: WOOLWORTHS HOLDINGS LIMITED - Notification in terms of section 122(3) of the Companies Act
Notification in terms of section 122(3) of the Companies Act
Woolworths Holdings Limited
(Incorporated in the Republic of South Africa)
Registration number: 1929/001986/06
Share code: WHL
ISIN: ZAE000063863
Bond company code: WHLI
('WHL' or the 'Company')
NOTIFICATION IN TERMS OF SECTION 122(3) OF THE COMPANIES ACT
In accordance with the provisions of paragraph 3.83(b) of the JSE Limited Listings
Requirements and Section 122(3) of the Companies Act 71 of 2008, as amended ('the Act'),
shareholders are advised of the following:
WHL received formal notification on 29 November 2018 that Coronation Asset Management
(Pty) Limited on behalf its clients had acquired an interest in securities in the Company such
that it now holds 5.06% of the total issued ordinary shares.
As required in terms of Section 122(3)(a) of the Act, the Company has filed the required
notice with the Takeover Regulation Panel.
Cape Town
3 December 2018
Sponsor
RAND MERCHANT BANK (A division of FirstRand Bank Limited)
Date: 03/12/2018 05:05:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE').
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2018-12-03 17:05:00 Source: JSE News Service (SENS)
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Woolworths Holdings Ltd. published this content on 03 December 2018 and is solely responsible for the information contained herein. Distributed by Public, unedited and unaltered, on 03 December 2018 15:11:05 UTC
WoolWorths Holdings Limited is one of the South African leaders in retailing. Net sales break down by activity as follows:
- distribution of clothes and consumer products (49.3%): clothes for men, women and children, shoes, beauty products, accessories and homeware;
- distribution of food products (47.3%);
- other (3.4%): primarily financial services.
At the end of June 2021, the group had a network of 1,279 stores broken down by name into WoolWorths (545), Country Road (689) and David Jones (45).
Net sales break down geographically as follows: South Africa (61.4%), Africa (2.5%), Australia and New Zealand (36.1%).