MR PRICE GROUP: Strong Financials, AGM Notice, & Shareholding Surge

  • MR PRICE GROUP distributes 2023 Integrated Report and audited annual financial statements to shareholders, providing comprehensive information on the company's performance and financial results.
  • The company announces the date and venue for its 90th Annual General Meeting (AGM) of shareholders, allowing shareholders to participate electronically.
  • MR PRICE GROUP discloses a significant increase in shareholding, with Public Investment Corporation SOC Limited (PIC) now holding 20.101% of the company's ordinary shares.
Mr Price Group

MR PRICE GROUP LIMITED (Registration number 1933/004418/06) recently made several important announcements regarding its operations and corporate affairs.

The company has distributed the 2023 integrated report and the audited annual financial statements for the 52 weeks ended April 1, 2023, to its shareholders. These documents have also been made available on MR PRICE GROUP’s official website (www.mrpricegroup.com/investor-relations-integrated-report-suite/). The integrated report provides shareholders with a comprehensive overview of the group’s performance, strategies, and financial results for the specified period.

It is worth noting that the audited annual financial statements have not been modified since the previously published reviewed preliminary group results, which were disclosed on the Stock Exchange News Service on June 22, 2023.

In addition to the report distribution, MR PRICE GROUP has released a notice regarding its upcoming 90th Annual General Meeting (AGM) of shareholders. The AGM is scheduled to take place on Wednesday, August 30, 2023, at 14h30, at the Upper Level, North Concourse, 65 Masabalala Yengwa Avenue, Durban. The detailed agenda and other relevant information can be found on the company’s website (www.mrpricegroup.com/investor-relations-integrated-report-suite/).

To comply with the Companies Act, No. 71 of 2008 and the company’s memorandum of incorporation, shareholders are given the option to participate in the meeting through electronic means, although electronic participants will not be able to vote. Shareholders or their proxies who wish to obtain electronic participation details must contact the company’s transfer secretaries, Computershare Investor Services Proprietary Limited (“Computershare”), at proxy@computershare.co.za no later than 14h30 on Monday, August 28, 2023. Shareholders will be responsible for their own network charges associated with electronic participation at the AGM.

Furthermore, MR PRICE GROUP has disclosed a significant increase in its shareholding. The company has received formal notification that Public Investment Corporation SOC Limited (“PIC”) has raised its stake in MR PRICE GROUP, bringing the total interest in the company’s ordinary shares held by PIC to 20.101% of the issued shares. As per the requirements of section 122(3)(a) of the Companies Act 71 of 2008, the company has filed the necessary notices with the Takeover Regulation Panel.

Visited 1 times, 1 visit(s) today

Stay ahead in the financial world – Sign Up to Rateweb’s essential newsletter for free. Get the latest insights on business trends, tech innovations, and market movements, directly to your inbox. Join our community of savvy readers and never miss an update that could impact your financial decisions.

Do you have a news tip for Rateweb reporters? Please email us at

Related

Personal Financial Tools

Below is a list of tools built to assist South Africans to make the best financial decisions:

Latest

Rateweb

South Africa’s primary source of financial tools and information

Contact Us

admin@rateweb.co.za

Disclaimer

Rateweb strives to keep its information accurate and up to date. This information may be different than what you see when you visit a financial institution, service provider or specific product’s site. All financial products, shopping products and services are presented without warranty. When evaluating offers, please review the financial institution’s Terms and Conditions.

Rateweb is not a financial service provider and should in no way be seen as one. In compiling the articles for our website due caution was exercised in an attempt to gather information from reliable and accurate sources. The articles are of a general nature and do not purport to offer specialised and or personalised financial or investment advice. Neither the author, nor the publisher, will accept any responsibility for losses, omissions, errors, fortunes or misfortunes that may be suffered by any person that acts or refrains from acting as a result of these articles.