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United Kingdom

Pick N Pay Stores Ltd (PIKJ.J)

PIKJ.J on Johannesburg Stock Exchange

7,100.00ZAc
19 Jun 2019
Change (% chg)

50.00 (+0.71%)
Prev Close
7,050.00
Open
7,064.00
Day's High
7,130.00
Day's Low
7,046.00
Volume
2,341,900
Avg. Vol
1,264,905
52-wk High
7,953.00
52-wk Low
6,228.00

Latest Key Developments (Source: Significant Developments)

PUBLIC INVESTMENT CORP BUYS FURTHER SHARES IN PICK N PAY STORES
Thursday, 20 Dec 2018 

Dec 20 (Reuters) - Pick N Pay Stores Ltd ::DISCLOSURE OF ACQUISITION OF SECURITIES IN PICK N PAY STORES LIMITED.PUBLIC INVESTMENT CORPORATION HAS ACQUIRED FURTHER SHARES IN COMPANY.PUBLIC INVESTMENT CORPORATION'S TOTAL BENEFICIAL INTEREST NOW AMOUNTS TO 10.143% OF TOTAL NUMBER OF SHARES IN ISSUE.  Full Article

Tower Property Completes Disposal Of Pick N Pay Distribution Centre
Tuesday, 4 Sep 2018 

Sept 4 (Reuters) - Tower Property Fund Ltd ::JSE: TWR - DISPOSAL OF PICK N PAY DISTRIBUTION CENTRE.TOWER PROPERTY FUND LTD - TRANSACTION FOR DISPOSAL OF PICK N PAY DISTRIBUTION CENTRE HAS NOW BEEN IMPLEMENTED.  Full Article

Pick n Pay Stores' HEPS up 13.1 pct in 26 weeks to Aug. 27
Tuesday, 17 Oct 2017 

Oct 17 (Reuters) - PICK N PAY STORES LTD ::‍INTERIM DIVIDEND OF 33.40 CENTS PER SHARE UP 11.7% ON PRIOR YEAR, IN LINE WITH GROWTH IN HEPS ON A NORMALISED BASIS​.‍NORMALISED DILUTED HEADLINE EARNINGS PER SHARE UP 13.1% TO 90.36 CENTS PER SHARE FOR 26 WEEKS ENDED AUG. 27 ​.‍GROUP TURNOVER INCREASED 5.1% TO R39.3 BILLION, WITH LIKE-FOR-LIKE TURNOVER GROWTH OF 1.8% FOR 26 WEEKS END AUG.27​.‍TRADING PROFIT UP 15.8% FROM R554.1 MILLION TO R641.5 MILLION FOR 26 WEEKS ENDED AUG. 27​.‍TRADING MARGIN IMPROVEMENT OF 0.1 PERCENTAGE POINT FROM 1.5% TO 1.6% FOR 26 WEEKS ENDED AUG. 27​.‍GROUP COMPLETED A COMPANY-WIDE VOLUNTARY SEVERANCE PROGRAMME ("VSP") IN PICK N PAY​.‍PROFIT BEFORE TAX WAS UP 22.3% FROM R103.7 MILLION TO R126.8 MILLION FOR 26 WEEKS ENDED 27 AUGUST 2017​.VOLUNTARY SEVERANCE ‍PROGRAMME ENABLED 10% OF ROLES AND FUNCTIONS TO BE REMOVED ACROSS PICK N PAY​.‍COST OF MAKING COMPENSATION PAYMENTS TO DEPARTING STAFF FELL WITHIN H1, EXPECTED TO BE RECOVERED IN FULL BY END OF FY.‍NET IMPACT OF VSP AMOUNTED TO R200.0 MILLION, BEFORE TAX, AND HAS HAD AN IMPACT ON EMPLOYEE COSTS UNDER TRADING EXPENSES​.  Full Article

UPDATE 2-S.Africa's Massmart CEO resigns as retailer eyes Africa expansion

* Exact timing of Hayward's exit not confirmed (Adds analyst quote, background)