Enhanced Investments - Financial Portal

Disclosure of acquisition of securities in Pick n Pay Stores Limited

Published: 2022-09-02 10:30:38 ET

Pick n Pay Stores Limited
Incorporated in the Republic of South Africa
Registration number: 1968/008034/06
JSE Share Code: PIK
ISIN code: ZAE000005443
(the Company)


DISCLOSURE OF ACQUISITION OF SECURITIES IN PICK N PAY STORES
LIMITED

In accordance with section 122(3)(b) of the Companies Act and section 3.83(b)
of the JSE Listings Requirements, shareholders are advised that the Public
Investment Corporation Soc Limited has acquired further shares in the Company
and its total beneficial interest now amounts to 20.039% of the total number of
shares in issue.

Formal notification has been received from the Public Investment Corporation
Soc Limited and Pick n Pay Stores Limited has filed the required notice with the
Takeover Regulation Panel.

The board of the Company accepts responsibility for the information contained in
this announcement and to the best of the board’s knowledge and belief, the
information contained in this announcement is true and nothing has been
omitted which is likely to affect the importance of the information.



By order of the board
Cape Town
2 September 2022

Sponsor:
Investec Bank Limited

Enhanced Investments, Inc.
329 South Oyster Bay Road #2085
Plainview, NY 11803
team@eninvs.com

Important disclosures

Performance results were prepared by Enhanced Investments, and have not been compiled, reviewed or audited by an independent accountant. Performance estimates are subject to future adjustment and revision. Investors should be aware that a loss of investment is possible. Account holdings are for illustrative purposes only and are not investment recommendations. Additional information, including (i) the calculation methodology; and (ii) a list showing the contribution of each holding to the portfolio’s performance during the time period will be provided upon request.
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Certain investments are not suitable for all investors. Before investing, consider your investment objectives and applicable fees. The rate of return on investments can vary widely over time, especially for long term investments. Investment losses are possible, including the potential loss of all amounts invested. Information provided by Enhanced Investments is for informational and general educational purposes only and is not investment or financial advice.

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Performance results were prepared by Enhanced Investments, and have not been compiled, reviewed or audited by an independent accountant. Performance estimates are subject to future adjustment and revision. Investors should be aware that a loss of investment is possible. Account holdings are for illustrative purposes only and are not investment recommendations. Additional information, including (i) the calculation methodology; and (ii) a list showing the contribution of each holding to the portfolio’s performance during the time period will be provided upon request.
All statements made via social media sites sponsored or maintained by Enhanced Investments and its affiliates are for informational purposes only and do not constitute a comprehensive description of Enhanced Investments' investment advisory services.
Certain investments are not suitable for all investors. Before investing, consider your investment objectives and applicable fees. The rate of return on investments can vary widely over time, especially for long term investments. Investment losses are possible, including the potential loss of all amounts invested. Information provided by Enhanced Investments is for informational and general educational purposes only and is not investment or financial advice.