WOOLWORTHS : Disclosure of significant holding of Woolworths Holdings ordinary shares (WHL)
February 09, 2016 at 03:35 pm
Share
WHL: WOOLWORTHS HOLDINGS LIMITED - Disclosure of significant holding of Woolworths Holdings ordinary shares
WHL: WOOLWORTHS HOLDINGS LIMITED - Disclosure of significant holding of Woolworths Holdings ordinary shares
Disclosure of significant holding of Woolworths Holdings ordinary shares
Woolworths Holdings Limited
(Incorporated in the Republic of South Africa)
(Registration number 1929/001986/06)
Share code: WHL
ISIN: ZAE000063863
('Woolworths Holdings' or 'the company')
DISCLOSURE OF SIGNIFICANT HOLDING OF WOOLWORTHS HOLDINGS ORDINARY SHARES
In accordance with the provisions of the JSE Limited Listings Requirements and Section 122(1)
of the Companies Act 71 of 2008, as amended ('the Companies Act') shareholders are advised
of the following:
On 16 November 2015 we announced that Lazard Asset Management´s ('Lazard') accounts
under management had increased its holding in the company to 5.35% of the total issued
shares. During the same month, Lazard disposed of a portion of its holding, which reduced its
shareholding to 4.92%. As the disposal was less than 1% of the total issued ordinary shares,
the reduction in shareholding was not required to be announced on the Stock Exchange News
Service in accordance with the Companies Act.
Shareholders are now advised that Lazard has once again increased its holding in the
company, such that it now holds 5.13% of the total issued shares in the company.
Cape Town
9 February 2016
Sponsor
RAND MERCHANT BANK (A division of FirstRand Bank Limited)
Date: 09/02/2016 05:20:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE').
The JSE does not, whether expressly, tacitly or implicitly, represent, warrant or in any way guarantee the truth, accuracy or completeness of
the information published on SENS. The JSE, their officers, employees and agents accept no liability for (or in respect of) any direct,
indirect, incidental or consequential loss or damage of any kind or nature, howsoever arising, from the use of SENS or the use of, or reliance on,
information disseminated through SENS.
2016-02-09 17:20:00 Source: JSE News Service (SENS)
Woolworths Holdings Ltd. issued this content on 09 February 2016 and is solely responsible for the information contained herein. Distributed by Public, unedited and unaltered, on 09 February 2016 15:34:19 UTC
Original Document: http://woolies.hosted.inet.co.za/news/story/f6aa0f9f-728d-467d-9eed-47fd56637799
WoolWorths Holdings Limited is one of the South African leaders in retailing. Net sales break down by activity as follows:
- distribution of clothes and consumer products (49.3%): clothes for men, women and children, shoes, beauty products, accessories and homeware;
- distribution of food products (47.3%);
- other (3.4%): primarily financial services.
At the end of June 2021, the group had a network of 1,279 stores broken down by name into WoolWorths (545), Country Road (689) and David Jones (45).
Net sales break down geographically as follows: South Africa (61.4%), Africa (2.5%), Australia and New Zealand (36.1%).