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Transfer of Distribution Centres to the Joint Venture Company of Shoprite Holdings and Equites Property Fund Limited
SHOPRITE HOLDINGS LIMITED
(Incorporated in the Republic of South Africa)
Registration no. 1936/007721/06
ISIN: ZAE000012084
JSE share code: SHP
NSX share code: SRH
LuSE share code: SHOPRITE
(“Shoprite Holdings” or the “Company”)
TRANSFER OF DISTRIBUTION CENTRES TO THE JOINT VENTURE COMPANY OF SHOPRITE
HOLDINGS AND EQUITES PROPERTY FUND LIMITED
Shareholders are referred to the SENS announcement issued on 25 February 2020 which stated the
agreement to establish a joint venture company, Retail Logistics Fund Proprietary Limited (“Retail
Logistics Fund”). Furthermore, shareholders are referred to the SENS announcement issued on 14
September 2020, which informed shareholders that the remaining conditions precedent had been met
and the transaction was unconditional.
Shoprite Holdings wishes to inform shareholders that the respective transfers of the portfolio of
distribution centres and associated undeveloped land were registered into the name of Retail Logistics
Fund in the relevant deeds offices this morning, and that the transaction has been implemented.
Cape Town
4 November 2020
Financial Advisor and Transaction Sponsor: Investec Bank Limited
Date: 04-11-2020 02:00:00
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