SPP : No change statement, Notice of AGM, availability of BEE report and changes to the board of directors
December 23, 2019 at 11:01 am EST
Share
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
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.
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.
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.
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
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Disclaimer
The SPAR Group Limited published this content on 23 December 2019 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 23 December 2019 16:00:02 UTC
The Spar Group Ltd specializes in retailing. The group also provides construction materials, pharmaceuticals and health care products.
At the end of September 2023, products are marketed through a network of 4,579 outlets located in South Africa (2,523; Superspar, SPAR, Kwikspar, SaveMor, Tops, Build it and Pharmacy at SPAR banners), Ireland (1,485; SPAR, Londis, Eurospar, MACE and XL), Switzerland (363; SPAR, Maxi and TopCC) and Poland (208; SPAR and MAXI);
Net sales are distributed geographically as follows: South Africa (62%), Ireland (25.5%), Switzerland (10.5%) and Poland (2%).
THE SPAR GROUP LTD 
