WOOLWORTHS : Disclosure of significant holding of Woolworths Holdings ordinary shares by clients of JP Morgan Chase & Co. (WHL)
February 22, 2016 at 12:25 am EST
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WHL: WOOLWORTHS HOLDINGS LIMITED - Disclosure of significant holding of Woolworths Holdings ordinary shares by clients of JP Morgan Chase & Co.
WHL: WOOLWORTHS HOLDINGS LIMITED - Disclosure of significant holding of Woolworths Holdings ordinary shares by clients of JP Morgan Chase & Co.
Disclosure of significant holding of Woolworths Holdings ordinary shares by clients of JP Morgan Chase & Co.
Woolworths Holdings Limited
(Incorporated in the Republic of South Africa)
(Registration number 1929/001986/06)
Share code: WHL
ISIN: ZAE000063863
('the company')
DISCLOSURE OF SIGNIFICANT HOLDING OF WOOLWORTHS HOLDINGS ORDINARY
SHARES BY CLIENTS OF JP MORGAN CHASE & CO. ('JP MORGAN')
In accordance with section 122(3)(b) of the Companies Act, No. 71 of 2008 and section 3.83(b)
of the JSE Listings Requirements, shareholders are advised that the company has received
formal notification that clients of JP Morgan have, in aggregate, acquired an interest in the
ordinary shares of the company, such that the total interest in the ordinary shares of the
company held by JP Morgan´s clients now amounts to 5.01% of the total issued ordinary shares
of the company.
Cape Town
22 February 2016
Sponsor
RAND MERCHANT BANK (A division of FirstRand Bank Limited)
Date: 22/02/2016 07:05:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE').
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2016-02-22 07:05:00 Source: JSE News Service (SENS)
Woolworths Holdings Ltd. issued this content on 22 February 2016 and is solely responsible for the information contained herein. Distributed by Public, unedited and unaltered, on 22 February 2016 05:24:07 UTC
Original Document: http://woolies.hosted.inet.co.za/news/story/a1b6b28d-b72a-4fe4-aea7-c65b7c83967a
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%).