Close of Offer
16 Novembre 2007 - 3:55PM
UK Regulatory
RNS Number:9206H
Shoprite Group PLC
16 November 2007
SHOPRITE GROUP P.L.C.
CLOSE OF OFFER
Shoprite Group P.L.C. announces that the Offer to Buy Back up to 14,838,077
Ordinary Shares of 5p at a price of 15.4 pence in cash per Ordinary Share, which
was announced on October 5th, closed at 3 p.m. yesterday, Thursday November 15th
2007. Acceptances were received in respect of 2,488,724 Ordinary Shares of 5p,
representing 3.35 % of the current issued share capital.
The shares which have been accepted in the Offer will be cancelled and following
the cancellation, there will be 71,701,665 Ordinary Shares of 5p in issue. The
effect of the cancellation on the Directors interests and holdings of more than
3% that have been notified to Shoprite Group P.L.C. is as follows:
Number of Ordinary Pre- cancellation Post - cancellation
Shares
Nicholson Investments Limited * 38,657,440 52.11 % 53.91 %
South Quay Estates Limited 6,631,890 8.94 % 9.25 %
H.T. Davis 2,950,000 3.98 % 4.11 %
Beedon Limited * 1,872,795 2.52 % 2.61 %
Investment and Overseas Management Limited
* 1,652,465 2.23 %
2.30 %
G.F. Karran 434,995 0.59 % 0.61 %
D.K.B. Nicholson * 275,695 0.37 % 0.38 %
I.A.R. Nicholson * 275,695 0.37 % 0.38 %
* In addition, D.K.B. Nicholson and I.A.R. Nicholson are beneficially interested
in the share capital of Nicholson Investments Limited, Investment and Overseas
Management Limited and Beedon Limited, each of which is a shareholder of the
company.
For further information
Dennis McAdam Shoprite Group P.L.C. 01624 683 333
Alex Borrelli Shore Capital & Corporate Ltd 0207 408 4090
This information is provided by RNS
The company news service from the London Stock Exchange
END
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