SRGHY - Shoprite Holdings Limited

Other OTC - Other OTC Delayed Price. Currency in USD

Shoprite Holdings Limited

Cnr William Dabbs Street and Old Paarl Road
Brackenfell 7560
South Africa
27 21 980 4000
http://www.shopriteholdings.co.za

SectorConsumer Cyclical
IndustryDepartment Stores
Full Time Employees

Key Executives

NameTitlePayExercisedYear Born
Mr. Pieter C. EngelbrechtCEO & Exec. DirectorN/AN/A1969
Mr. Anton de BruynCFO & Exec. DirectorN/AN/A1971
Mr. B. HarisunkerDivisional Mang. & Exec. DirectorN/AN/A1952
Mr. Pieter G. du PreezCompany Sec.N/AN/AN/A
Amounts are as of and compensation values are for the last fiscal year ending on that date. Pay is salary, bonuses, etc. Exercised is the value of options exercised during the fiscal year. Currency in USD.

Description

Shoprite Holdings Limited, an investment holding company, primarily engages in the food retailing business. The company operates through four segments: Supermarkets RSA, Supermarkets Non-RSA, Furniture, and Other Operating segments. It also offers clothing, general merchandise, furniture, bedding, loose carpeting, home entertainment, and floor covering products; and cosmetics, liquors, electrical and household appliances, and soft furnishings. As of June 30, 2019, the company operated 665 Shoprite supermarkets; 228 Checkers supermarkets; 37 Checkers Hyper supermarkets; 424 Usave supermarkets; 417 OK Furniture outlets; 48 House & Home outlets; 490 liquor shops under the Shoprite LiquorShop and Checkers LiquorShop brand names; and 460 franchise stores under the OK Foods, OK Grocer, OK MiniMark, OK Express, Megasave, OK Liquor, and Sentra brand names, as well as operates 155 MediRite pharmacies within stores. In addition, the company distributes various pharmaceutical products and surgical equipment to pharmacies, hospitals, clinics, dispensing doctors, and veterinary surgeons. Further, it operates under the OK Power Express brand name. Additionally, the company provides ticketing, and car rental and accommodation services; stadium management, capacity management, travel management, and access control solutions; and short-term insurance and treasury management services. The company operates in South Africa and 14 other African countries. Shoprite Holdings Limited was founded in 1979 and is based in Brackenfell, South Africa.

Corporate Governance

Shoprite Holdings Limited’s ISS Governance QualityScore as of December 7, 2019 is 10. The pillar scores are Audit: 10; Board: 10; Shareholder Rights: 6; Compensation: 5.

Corporate governance scores courtesy of Institutional Shareholder Services (ISS). Scores indicate decile rank relative to index or region. A decile score of 1 indicates lower governance risk, while a 10 indicates higher governance risk.