Shareholders are referred to the recent allegations against the Company, as published in the media via a small minority of aggrieved retailers, regarding a fictitious and fraudulent loan, discrimination towards some of SPAR’s retailers and the composition of the board of directors (“Board”).
Posts By: Simon Mcclurg
Summarised consolidated group results for the year ended 30 September 2022 and cash dividend declaration
SPAR delivered a resilient group performance despite various challenges across all regions. Group turnover increased by 6.0% to R135.6 billion. In constant currency, turnover increased by 7.0%.
Changes to the board
SPAR shareholders (“Shareholders”) are referred to the announcement published on SENS on Friday, 9 December 2022, wherein Shareholders were advised of Mr Graham O’Connor stepping down as chairperson of the board of directors of SPAR (“Board”) and the appointment of Mr Andrew Waller as interim chairperson of the Board until a new chairperson is appointed.
Acceptance of shares by directors and company secretary
In compliance with paragraphs 3.63 to 3.74 of the JSE Limited Listings Requirements, SPAR hereby advises its shareholders of the following acceptance of awards of shares by directors and the company secretary of SPAR in terms of The SPAR Conditional Share Plan (“CSP”)
Voluntary announcement: Update on SPAR Poland strategy
SPAR shareholders (“Shareholders”) are referred to the interim results for the six months ended 31 March 2022 published on SENS on Wednesday, 8 June 2022, wherein the Board of Directors (the “Board”) advised Shareholders that during the said reporting period notice was served to a group of SPAR retailers in the south of Poland.
Unaudited interim results for the six months ended 31 March 2022 and cash dividend declaration
The group delivered robust turnover growth, increasing turnover by 5.2% to R67.6 billion. Group operating profit increased by 7.1% to R1.8 billion. SPAR Southern Africa delivered a strong performance. Profits in the foreign businesses have come under pressure due to increased labour and energy costs
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, and paragraph 3.83(b) of the JSE Limited Listings Requirements, SPAR shareholders are advised that the Company has received notification that…
APPOINTMENT OF COMPANY SECRETARY
SPAR shareholders (“Shareholders”) are referred to the announcement published on SENS on 25 March 2021 wherein Shareholders were notified that Mr Kevin O’Brien was appointed as the acting Company Secretary of SPAR (“Company Secretary”)…
Engagement with shareholders and investors regarding the group’s remuneration implementation report
Shareholders are referred to the announcement published on SENS on Wednesday, 16 February 2022, wherein shareholders were advised that, inter alia, as more than 25% of the votes cast on ordinary resolution 9 were against the non-binding endorsement of SPAR’s remuneration implementation report…
UPDATE TO THE GROUP DIVIDEND POLICY
Shareholders are referred to the preliminary reviewed results for the year ended 30 September 2021 published on SENS on Wednesday, 17 November 2021…