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THE SPAR GROUP LIMITED - Notice of an acquisition of a beneficial interest in SPAR securities

Release Date: 21/10/2024 15:32
Code(s): SPP     PDF:  
Wrap Text
Notice of an acquisition of a beneficial interest in SPAR securities

THE SPAR GROUP LIMITED
(Incorporated in the Republic of South Africa)
(Registration number: 1967/001572/06)
JSE and A2X share code: SPP
ISIN: ZAE000058517
("SPAR" or the "Company")

NOTICE OF AN ACQUISITION OF A BENEFICIAL INTEREST IN SPAR SECURITIES

In accordance with section 122(3)(b) of the Companies Act, No. 71 of 2008, as amended
("Companies Act"), and paragraph 3.83(b) of the JSE Limited Listings Requirements
("JSE Listings Requirements"), SPAR shareholders are advised that the Company has received
notification, in the prescribed form, from M&G Plc, in aggregation across all entities in the group and
underlying clients ("M&G"), advising that it has acquired a beneficial interest in SPAR securities
(the "Acquisition").

Following the Acquisition, M&G now holds 15.09% of the total issued ordinary share capital of the
Company, being an increase from the 14.96% previously held by M&G.

The Company has filed the relevant notification with the Takeover Regulation Panel and the
Companies and Intellectual Property Commission, as required in terms of sections 122(3)(a) and
122(3A) of the Companies Act.

The board of directors of SPAR accepts responsibility for the information contained in this
announcement and certifies that, to the best of the its knowledge and belief, the information contained
in this announcement is true and that there are no facts that have been omitted which would make any
statement in this announcement false or misleading and that this announcement contains all information
required by the law and the JSE Listings Requirements.


Pinetown
21 October 2024

Sponsor
One Capital

Date: 21-10-2024 03:32:00
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