PIC reduces stake in Pick n Pay Stores
Fin24.com - Mar 31st 2014, 09:05
Johannesburg - Pick n Pay Stores advised shareholders on Monday that the Public Investment Corporation (PIC) has disposed of shares in the company.
Its total beneficial interest has been reduced by 1.506%, with its shareholding now amounting to 9.702% of the total number of shares in issue.
Formal notification has been received from the PIC and Pick n Pay Stores has filed the required notice with the Takeover Regulation Panel.From Fin24.com
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