IMPORTANT DATES AND TIMES RELATING TO THE OFFER
Dis-Chem Pharmacies Proprietary Limited (shortly to be converted to a public company and renamed Dis-Chem Pharmacies Limited) (the “Company” or “Dis-Chem") announced its intention to list its issued ordinary share capital on the main board of the JSE Limited (“JSE”).
Dis-Chem is a leading pharmacy group in South Africa. Dis-Chem’s “Pharmacy First” approach, means that its customers can always depend on there being a pharmacist to serve their pharmaceutical needs whenever they enter a Dis-Chem store.
In addition to pharmaceutical products and services, the Company’s retail pharmacies also sell personal care and beauty, health care and nutrition and baby care products as well as confectionary, dry grocery, household and other ancillary products. As at 2016, Dis-Chem had 101 stores in South Africa and two partner stores in Namibia.
The salient terms of the offer are as follows:
Offer price range per Share: R16.25 to R20.25;
Number of Shares to be offered: up to 238 405 268; and
Percentage of issued share capital: 27.5% (after issue of Ordinary Shares in connection with the acquisition of non-controlling interest in certain of Dis-Chem’s partner stores).
The closing date for applications on this website is at 17h00 on Wednesday 9 November 2016;
Anticipated listing date is 18 November 2016;
There will be no brokerage paid by clients to EasyEquities for shares applied for in this offer;
EasyEquities will apply on behalf of all clients who request to participate. In the event of an over-subscription, the directors will pro-rata allocate at their discretion i.e. It is important to note that you may only receive a portion of the amount subscribed for, where such proportion may even be zero;
By applying below you acknowledge that you have read, understood and accept the relevant documentation attached above.
