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MASSMART HOLDINGS LIMITED - Voluntary Disclosure of disposal of beneficial interests in securities

Release Date: 01/11/2018 08:05
Code(s): MSM     PDF:  
Wrap Text
Voluntary Disclosure of disposal of beneficial interests in securities

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”)


Voluntary Disclosure of disposal of beneficial interests in securities


Massmart shareholders are advised that between December 2017 and September 2018, the
Company received Takeover Regulation Panel 121.1 notifications from the aggregate of Standard Life
Aberdeen plc affiliated investment management entities on behalf of multiple managed portfolios
(“the Standard Life Aberdeen group”) that the Standard Life Aberdeen group have disposed in
aggregate in excess of a multiple of 5% of their total securities held in Massmart.
As at 30 October 2018, the aggregated beneficial interest of the Standard Life Aberdeen group in
Massmart is 14.37%.

Shareholders are advised that this is a voluntary announcement as the disposal that breached the
15% beneficial interest threshold was less than 1% (in compliance with paragraph 3.83(b) of the JSE
Limited Listings Requirements and section 122(3)(b) of the Companies Act, No 71 of 2008).




1 November 2018


Sponsor
JP Morgan Equities South Africa Proprietary Limited

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