CLS: CLICKS GROUP LIMITED - Disclosure of acquisition of securities in Clicks Group Limited
April 12, 2019 at 10:28 am EDT
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CLS: CLICKS GROUP LIMITED - Disclosure of acquisition of securities in Clicks Group Limited
CLS: CLICKS GROUP LIMITED - Disclosure of acquisition of securities in Clicks Group Limited
Disclosure of acquisition of securities in Clicks Group Limited
Clicks Group Limited
(Incorporated in the Republic of South Africa)
Registration number 1996/000645/06
JSE share code: CLS
ISIN: ZAE000134854
CUSIP: 18682W205
('the Company')
DISCLOSURE OF ACQUISITION OF SECURITIES IN CLICKS GROUP LIMITED
The Company has received notice from JPMorgan Chase & Co that it has acquired
a beneficial interest in ordinary shares in the Company such that its total beneficial
interest has increased to 5.04% of the ordinary shares in issue.
The Company will file the required notice with the Takeover Regulation Panel, per
section 122(3)(a) of the Companies Act, 2008.
Cape Town
12 April 2019
Sponsor
Investec Bank Limited
Date: 12/04/2019 04:00:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE').
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2019-04-12 16:00:00 Source: JSE News Service (SENS)
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Clicks Group Limited published this content on 12 April 2019 and is solely responsible for the information contained herein. Distributed by Public, unedited and unaltered, on 12 April 2019 14:27:04 UTC
Clicks Group Limited specializes in distributing health, care and beauty products. Net sales (including intragroup) break down by activity as follows:
- retail distribution (64.9%): sale of pharmaceutical products, care and beauty products and music equipment. At the end of August 2023, the group operated a network of 1,140 stores under the Clicks (881), the Sorbet (194), The Body Shop (61) and the Clicks Baby (4) brand names located mainly in South Africa (1,087);
- wholesale distribution of pharmaceutical products (35.1%).