MASSMART HOLDINGS LIMITED - Massmart commences consultation process in terms of section 189 and 189A of the Labour Relations Act Game stores

Massmart commences consultation process in terms of section 189 and 189A of the Labour Relations Act – Game stores

Massmart Holdings Limited
(Incorporated in the Republic of South Africa)
Company registration No. 1940/014066/06
JSE Code: MSM
ISIN: ZAE 000152617
("Massmart" or the "Company" or “the Massmart Group”)


MASSMART COMMENCES CONSULTATION PROCESS IN TERMS OF SECTION 189 AND 189A OF THE
LABOUR RELATIONS ACT – GAME STORES

The Massmart Group has recently completed an assessment of opportunities to improve our South African Game
store efficiencies.

Consequent to this project, Massmart advises shareholders that the group has commenced, with respect to its
Game stores in South Africa, a consultation process in terms of section 189 and section 189A of the Labour
Relations Act 66 of 1995, as amended (“the LRA”); with organised labour and other relevant stakeholders. This
process may potentially affect 1 800 employees in our Game stores in South Africa.

Shareholders will be advised of the outcome of the consultation process.


7 July 2020


Sponsor
JP Morgan Equities South Africa (Pty) Ltd

Date: 07-07-2020 08:30:00
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