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JSE – PIC Profile’s Stock Exchange Handbook: 2024 – Issue 3
TELEPHONE: 021-658-1000
Pick n Pay Stores Ltd. FAX: 086-675-1475
PIC COMPANY SECRETARY: Vaughan Pierce
TRANSFER SECRETARY: Computershare Investor Services (Pty) Ltd.
SPONSOR: Investec Bank Ltd.
AUDITORS: Ernst & Young Inc.
BANKERS: Absa Bank Ltd., First National Bank of SA Ltd.
SEGMENTAL REPORTING as at 25 Feb 24 (asa%of Turnover)
South Africa 96.25%
Rest of Africa 3.75%
ISIN: ZAE000005443 SHORT: PICKNPAY CODE: PIK
REG NO: 1968/008034/06 FOUNDED: 1967 LISTED: 1968 CALENDAR Expected Status
Annual General Meeting 27 Aug 2024 Confirmed
NATURE OF BUSINESS: Next Interim Results Oct 2024 Unconfirmed
Pick n Pay Stores Ltd. is an investment holding company that Next Final Results May 2025 Unconfirmed
is domiciled and incorporated in the Republic of South Africa
and listed on the JSE and A2X, the recognised securities CAPITAL STRUCTURE AUTHORISED ISSUED
exchanges in South Africa. The Group comprises subsidiaries PIK Ords no par value 10 000 000 000 493 450 321
and an associate that retail food, clothing, general merchan- DISTRIBUTIONS [ZARc]
dise, and liquor throughout Africa, both on an owned and Ords no par value Ldt Pay Amt
franchise basis. The Group also acquires and develops Final No 110 30 May 23 5 Jun 23 140.30
strategic retail and distribution sites. Interim No 109 29 Nov 22 5 Dec 22 44.85
Final No 108 31 May 22 6 Jun 22 185.35
SECTOR: CnsStp—PcDrugs&Groceries—PcDrugs&Groceries—Food Interim No 107 30 Nov 21 6 Dec 21 35.80
MAJOR ORDINARY SHAREHOLDERS as at 25 Feb 2024 LIQUIDITY: Jul24 Avg 12m shares p.w., R305.4m(128.8% p.a.)
Ackerman Investment Holdings (Pty) Ltd. 25.30%
Government Employees Pension Fund 15.60% FOOR 40 Week MA PICKNPAY
Fidelity Series Emerging Markets Opportunities Fund 4.70%
9737
FINANCIAL STATISTICS
(R million) Feb 24 Feb 23 Feb 22 Feb 21 Mar 20 8125
Final Final Final Final Final(rst)
Turnover 112 295 106 562 97 873 93 079 89 282 6512
Op Inc 385 3 048 2 887 2 708 3 175
NetIntPd(Rcvd) 2 020 1 323 1 150 1 234 1 300 4900
Tax - 957 538 547 441 541
Att Inc - 3 190 1 170 1 215 967 1 195 3287
TotCompIncLoss - 3 197 1 132 1 256 987 1 157 1675
Hline Erngs-CO - 979 1 246 1 259 1 095 1 390 2019 | 2020 | 2021 | 2022 | 2023 |
Fixed Ass 9 191 8 893 7 151 6 643 6 622
Inv in Assoc - 72 106 70 50 Recent Announcements
Inv & Loans 170 118 86 59 87 Monday, 15 July 2024: Further to the rights offer declaration
Def Tax Asset 2 134 734 823 913 753 announcement released on the Stock Exchange News Service of
Tot Curr Ass 20 269 17 496 19 251 16 649 12 887 the JSE Ltd. and the A2X News Service of the A2X Market on 9
Ord SH Int - 183 3 703 3 716 3 386 3 010 July 2024 and the rights offer finalisation announcement
LT Liab 20 965 15 133 13 657 14 323 14 192
Tot Curr Liab 25 731 23 529 22 972 20 108 16 304 released on SENS and ANS on 11 July 2024, Pick n Pay confirms
that the rights offer circular has been published on Pick n Pay’s
PER SHARE STATISTICS (cents per share)
EPS (ZARc) - 661.67 243.37 253.34 202.52 250.90 website www.picknpayinvestor.co.za, and will be posted to
HEPS-C (ZARc) - 203.06 259.25 262.59 229.31 291.90 qualifying certificated shareholders on 18 July 2024.
Pct chng p.a. - 178.3 - 1.3 14.5 - 21.4 2.9 The salient dates and times ofthe rights offerremain unchanged
DPS (ZARc) - 185.15 221.15 179.74 215.86 from those published in the declaration announcement on
Pct chng p.a. - 100.0 - 16.3 23.0 - 16.7 - 6.6 SENS and ANS on 9 July 2024.
Tr 5yr av grwth % - 23.3 1.2 5.8 4.8 13.5 Friday, 12 July 2024: The Company confirmed as follows:
NAV PS (ZARc) 11.00 803.00 827.10 769.90 776.20 1. The process of conversion of the ordinary shares of the
3 Yr Beta 0.47 - 0.23 - 0.16 - 0.02 0.72 Company from par value to no par value shares is complete;
Price High 4 719 6 688 6 250 6 778 7 412
Price Low 2 022 4 302 4 612 4 515 5 155 2. The increase in:
Price Prd End 2 325 4 563 4 644 5 167 5 524 a. the authorised ordinary shares from 800 000 000 ordinary
RATIOS shares (of which 493 450 321 ordinary shares are currently in
Ret on SH Fnd 1 747.04 31.60 32.69 28.56 39.69 issue) to 10 000 000 000 ordinary shares, through the creation of
Ret On Tot Ass - 3.13 4.40 4.59 4.22 5.94 9 200 000 000 new authorised ordinary shares; and
Oper Pft Mgn 0.34 2.86 2.95 2.91 3.56 b. the authorised B shares from 1 000 000 000 B Shares (of which
D:E - 152.85 5.62 5.51 5.79 5.71 259 682 869 B Shares are currently in issue) to 5 300 000 000 B
Int Cover 1.6 2.29 2.53 2.14 2.33 Shares, through the creation of 4 300 000 000 new authorised B
Current Ratio 0.79 0.74 0.84 0.83 0.79 shares, is effective; and
Div Cover - 1.31 1.30 1.30 1.30
3. The amendments to the memorandum of incorporation of the
NUMBER OF EMPLOYEES: 90 000 (including
staff employed in Pick n Pay franchise operations) Company to effect the changes sought to the share capital have
DIRECTORS: AckermanSD(ne), been implemented.
AckermanJG(ne), BhoratHI(ind ne), Thursday,11July2024: Pick nPayshareholders areadvisedthatthe
Formby J (ld ind ne), Friedland D (ind ne), Group has received allthe necessary approvals toimplement the
Jakoet A (ind ne), MothupiAM(ind ne),
Robins D (ne), van der Merwe A (ind ne), Rights Offer and the Rights Offer is now unconditional as the
Ackerman G M (Chair, ne), Summers S (CEO), terms of the Rights Offer have now been finalised and all
Olivier L (CFO) conditions precedent to the Rights Offer have been fulfilled.
POPULAR BRAND NAMES: ASAP!, Pick n Pay Withdrawal of cautionary announcement
Clothing, Pick n Pay Express, Pick n Pay Hyper, Scan the QR code to
Pick n Pay Liquor, Pick n Pay Online, Pick n Pay visit our Investor Shareholders are referred to the cautionary announcements
Supermarkets, Boxer, Boxer Build, Boxer Liquor, Centre published on SENS and ANS on 22 February 2024, 27 March
Boxer Punch, Boxer Supermarkets, TM 2024, 13 May 2024 and 26 June 2024 and are advised that
Supermarkets following the publication of this announcement, shareholders
POSTAL ADDRESS: PO Box 23087, Claremont, Cape Town, 7735
EMAIL: CompanySecretary@pnp.co.za are nolongerrequired to exercise cautionwhen dealingin Pick n
WEBSITE: www.picknpayinvestor.co.za Pay securities.
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