Page 193 - Stock Exchange Handbook 2020 - Issue 3

Profile’s Stock Exchange Handbook: 2020 – Issue 3 JSE – PIC
POSTAL ADDRESS: PO Box 23087, Claremont, Cape Town, 7735
Pick n Pay Stores Ltd. EMAIL: demuller@pnp.co.za
WEBSITE: www.picknpayinvestor.co.za
PIC
TELEPHONE: 021-658-1000 FAX: 021-797-0314
COMPANY SECRETARY: Debra Muller
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 1 Mar 20 (asa%of Liabilities)
ISIN: ZAE000005443 SHORT: PICKNPAY CODE: PIK South Africa 97.19%
REG NO: 1968/008034/06 FOUNDED: 1967 LISTED: 1968 Rest of Africa 2.81%
NATURE OF BUSINESS: CALENDAR Expected Status
The Pick n Pay Group is one of Africa’s largest and most consis- Annual General Meeting 4 Aug 2020 Confirmed
tently successful retailers, with 1 866 stores (1 092 corporate Next Interim Results Oct 2020 Unconfirmed
and 774 franchise). In addition, it has 59 supermarkets in Next Final Results May 2021 Unconfirmed
Zimbabwe through its investment in TM Supermarkets. Pick n
Pay branded businesses include Hypermarkets, Supermarkets, CAPITAL STRUCTURE AUTHORISED ISSUED
Clothing, Liquor, Express and Pharmacies. Non-Pick n Pay PIK Ords 1.25c ea 800 000 000 493 450 321
branded businesses include Boxer Superstores and a 49% DISTRIBUTIONS [ZARc]
shareholding in TM Supermarkets in Zimbabwe. Pick n Pay has Ords 1.25c ea Ldt Pay Amt
a footprint in South Africa, Namibia, Eswatini, Botswana, Interim No 103 3 Dec 19 9 Dec 19 42.80
Lesotho, Zambia and Zimbabwe. Final No 102 4 Jun 19 10 Jun 19 192.00
Interim No 101 4 Dec 18 10 Dec 18 39.10
SECTOR: Consumer Srvcs—Retail—Food&Drug—Food Final No 100 5 Jun 18 11 Jun 18 155.40
LIQUIDITY: Jul20 Ave 8m shares p.w., R500.4m(83.6% p.a.)
MAJOR ORDINARY SHAREHOLDERS as at 01 Mar 2020
Newshelf 1321 (Pty) Ltd. 25.30%
Government Employees Pension Fund 13.00% FOOR 40 Week MA PICKNPAY
GIC Private Ltd. 3.50% 8270
FINANCIAL STATISTICS
(R million) Mar 20 Mar 19 Feb 18 Feb 17 Feb 16 7540
Final Final(rst)* Final(rst) Final(rst) Final(rst)
6810
Turnover 89 282 88 293 80 524 77 486 72 445
Trading Profit 3 148 3 055 1 820 1 736 1 516 6081
NetIntPd(Rcvd) 1 300 1 281 147 93 56
Tax 541 464 472 461 408 5351
Att Inc 1 195 1 445 1 296 1 216 1 065
4621
TotCompIncLoss 1 157 1 167 1 250 1 121 1 140 2015 | 2016 | 2017 | 2018 | 2019 |
Hline Erngs-CO 1 371 1 428 1 312 1 247 1 073
Fixed Ass 6 622 6 189 6 054 5 584 4 951 Recent Announcements
Inv in Assoc 50 184 366 310 286 Friday, 03 July 2020: Shareholders are advised that the 2020 Inte-
Inv & Loans 87 102 79 85 96 grated Annual Report, Corporate GovernanceReport and Remu-
Def Tax Asset 753 785 590 593 554 neration Report are now available on our website,
Tot Curr Ass 12 887 11 771 10 846 9 938 9 062 www.picknpayinvestor.co.za together with the audited
Ord SH Int 3 010 3 035 2 940 2 798 2 739 Company and Group annual financial statements for the 52
LT Liab 14 192 13 649 13 193 12 288 10 529 weeks ended 01 March 2020. The audited annual financial state-
Tot Curr Liab 16 304 15 423 14 747 12 402 11 253
ments contain no modifications to the reviewed preliminary
PER SHARE STATISTICS (cents per share) condensed consolidatedGroup annualfinancialstatements that
EPS (ZARc) 250.90 304.04 273.64 256.67 219.11
HEPS-C (ZARc) 287.89 326.71 245.50 234.80 165.80 were published on 12 May 2020.
Pct chng p.a. - 11.9 18.0 4.6 41.6 13.4 Notice of AGM
Tr 5yr av grwth % 11.0 19.0 20.3 13.2 6.6 The 52nd annual general meeting of Pick n Pay will be held on
DPS (ZARc) 42.80 231.10 188.80 176.30 149.40 Tuesday, 04 August 2020 at 08:30 to transact business as stated in
Pct chng p.a. - 81.5 22.4 7.1 18.0 26.5 the notice of the annual general meeting. The meeting will be
Tr 5yr av grwth % - 1.5 20.4 17.9 9.3 4.1 conducted entirely by electronic communication as permitted by
NAV PS (ZARc) 776.20 786.70 738.10 698.30 668.40
3 Yr Beta 0.72 0.93 0.94 1.22 0.62 the Companies Act, No. 71 of 2008, as amended and by the
Price High 7 412 8 209 7 606 8 424 7 000 Company’s Memorandum of Incorporation. Details of how to elec-
Price Low 5 155 6 228 5 460 5 525 4 850 tronically participate in and vote at the annual general meeting are
Price Prd End 5 524 6 913 7 428 6 969 5 614 tobefoundintheNoticeoftheannualgeneralmeeting.Therecord
date to vote and participate in the meeting is Friday, 24 July 2020
RATIOS
Ret on SH Fnd 39.69 47.60 44.09 31.54 28.78 and accordingly the last day to trade is Tuesday,21 July 2020.
Ret On Tot Ass 3.57 4.20 5.98 10.25 9.84
Oper Pft Mgn 3.53 3.46 2.26 2.24 2.09 CEO tenure
D:E 10.13 9.58 9.50 0.87 0.51 Richard Brasher confirmed at the publication of the Group’s
Int Cover 2.42 2.30 12.23 18.26 26.45 annual financial results on 12 May, that, while he intended to step
Current Ratio 0.79 0.76 0.74 0.85 0.80 down from his role as CEO, he would continue to lead the Group
Div Cover 5.86 1.50 1.50 1.50 1.50 through the current COVID-19 crisis.
*53 weeks to 3 March 2019 To provide certainty and continuity, the Board is pleased to
NUMBER OF EMPLOYEES: 53 600
DIRECTORS: Ackerman J G, confirm that Richard remain with the Group until a suitable
Ackerman-Berman S D, BhoratHI(ind ne), successor has been appointed, or until 31 March 2022, in line with
Cassim M (ind ne), Friedland D (ind ne), the Group’s normal retirement policy.
HermanHS(ld ind ne), Jakoet A (ne),
Mathole A (ind ne), MothupiAM(ind ne), This is set out in the Group’s FY20 Integrated Annual Report and
Robins D (ne, German), van Rooyen J (ind ne), Remuneration Report, published on 3 July 2020.
Ackerman G M (Chair, ne), Brasher R (CEO), Thursday, 25 June 2020: In accordance with paragraph 16.21 (g) and
van RensburgRSJ (CIO), Olivier L (CFO)
POPULAR BRAND NAMES: Pick n Pay Clothing, Appendix 1 to Section 11 of the JSE Listing Requirements, notice is
Pick n Pay Express, Pick n Pay Hyper, Pick n Pay Scan the QR code to herebygiventhattheCompany’sannualcompliancereportinterms
Liquor, Pick n Pay Local, Pick n Pay Online, Pick n visit our Investor of section 13G(2) of the Act has been published and is available on
Pay Pharmacy, Pick n Pay Spaza, Pick n Pay Centre
Supermarkets, Boxer, Boxer Build, Boxer Liquor, the Company’s website at www.picknpayinvestor.co.za.
Boxer Punch, Boxer Superstores, TM Supermarkets
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