Tag Archives: shares

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PT Matahari Putra Prima Tbk (MPPA) raised total shares in MatahariMall.com to 10.5%

Lippo Village, Tangerang, 2017-Jun-22 — /EPR Retail News/ — PT Matahari Putra Prima Tbk (MPPA), a multi-format modern retailer in Indonesia, which operates Hypermart, Smartclub, Foodmart, Boston and FMX, today ( June 22, 2017 )announced that its Board of Directors has authorized an additional share purchase option of MatahariMall.com for Rp22,521 per share in all cash transaction valued at Rp121.2 billion. The Company’s total shares have raised to 21,108,836 or equals to 10.5%.

With the additional investment, MPPA hopes to benefit from wider access to e commerce as its development will remain strong this year. The Company views e-commerce in Indonesia is an enormous market and will continue to grow.

The investment and partnership with MatahariMall.com is a new opportunity to foster O2O ecommerce components that encourage the sale contribution in the future. The relationship will improve MPPA’s position as the leading multi-format modern retailer in Indonesia, as well as contribute to a sound financial outlook going forward. MPPA takes advantage to secure a new opportunity to display and market the Company’s exclusive brand throughout Indonesia via ecommerce.

About PT Matahari Putra Prima Tbk (MPPA)
PT Matahari Putra Prima, one of Indonesia’s largest retailers, employs more than 12,000 associates who serve customers in 115 Hypermarkets (Hypermart), 3 Wholesale outlets (SmartClub), 26 Supermarkets (Foodmart Primo/Fresh), 109 Health and Beauty format stores (Boston Health & Beauty), and 46 Minimarket/ Convenience stores (FMX). As of 31 December 2016, MPPA operates 299 stores in 73 cities throughout Indonesia.

MPPA continues to receive both domestic and international acknowledgement with several awards such as:
2016 SWA:100 Indonesia’s Best Wealth Creator, 2016 Brandz™ Top 50 Most Valuable Indonesia Brands by Millward Brown & WPP, 2016 Anugerah Indonesia TBK Company -III- 2016 (APTI-III-2016), 2016 Top 10 Retailers Certificate of Distinction by Retail Asia, 2016 Indonesia GCG Award II – for Retail Category by Economic Review and IPMI (International Business School), 2016 Indonesia’s Most Admired CEO from Warta Ekonomi.

This press release has been prepared by PT Matahari Putra Prima Tbk (MPPA) and is circulated for the purpose of general information only. It is not intended for any specific person or purpose and does not constitute a recommendation regarding the securities of MPPA. No warranty (expressed or implied) is made to the accuracy or completeness of the information. All opinions and estimations included in this release constitute our judgment as of this date and are subject to change without prior notice. MPPA disclaims any responsibility or liability whatsoever arising which may be brought against or suffered by any person as a result of reliance upon the whole or any part of the contents of this press release and neither MPPA nor any of its affiliated companies and their respective employees and agents accepts liability for any errors, omissions, negligent or otherwise, in this press release and any inaccuracy herein or omission here from which might otherwise arise.

Forward-Looking Statements
Certain statements in this release are or may be forward-looking statements. These statements typically contain words such as “will”, “expects” and “anticipates” and words of similar import. By their nature, forward looking statements involve a number of risks and uncertainties that could cause actual events or results to differ materially from those described in this release. Factors that could cause actual results to differ include, but are not limited to, economic, social and political conditions in Indonesia; the state of the property industry in Indonesia; prevailing market conditions; increases in regulatory burdens in Indonesia, including environmental regulations and compliance costs; fluctuations in foreign currency exchange rates; interest rate trends, cost of capital and capital availability; the anticipated demand and selling prices for our developments and related capital expenditures and investments; the cost of construction; availability of real estate property; competition from other companies and venues; shifts in customer demands; changes in operation expenses, including employee wages, benefits and training, governmental and public policy changes; our ability to be and remain competitive; our financial condition, business strategy as well as the plans and objectives of our management for future operations; generation of future receivables; and environmental compliance and remediation. Should one or more of these uncertainties or risks, among others, materialize; actual results may vary materially from those estimated, anticipated or projected. Specifically, but without limitation, capital costs could increase, projects could be delayed and anticipated improvements in production, capacity or performance might not be fully realized. Although we believe that the expectations of our management as reflected by such forward-looking statements are reasonable based on information currently available to us, no assurances can be given that such expectations will prove to have been correct. You should not unduly rely on such statements. In any event, these statements speak only as of the date hereof, and we undertake no obligation to update or revise any of them, whether as a result of new information, future events or otherwise.

For further information, please contact:
Email: corporate.communication@hypermart.co.id

Source: PT Matahari Putra Prima Tbk (MPPA)

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Sports Direct purchased 534,015 of its ordinary shares from Citigroup Global Markets Limited on 28 February 2017

Shirebrook, UK, 2017-Mar-02 — /EPR Retail News/ — Sports Direct announces that on 28 February 2017 it purchased 534,015 of its ordinary shares from Citigroup Global Markets Limited (acting as the Company’s broker) on the London Stock Exchange at a price of 297.0 pence per share. The purchased shares will all be held as treasury shares.

Following the above purchase, the Company holds 67,001,767 ordinary shares as treasury shares. The total number of ordinary shares in issue (excluding shares held as treasury shares) is 573,600,602.

In accordance with DTR 5.6.1 of the FCA’s Disclosure Guidance and Transparency Rules, the Company is required to notify the market of the total number of voting rights and capital in the Company as at the end of each calendar month in which an increase or decrease has occurred.

The issued share capital of the Company is comprised of 640,602,369 ordinary shares of 10p each. As 67,001,767 of these ordinary shares are held as treasury shares, the total number of voting rights in the Company is 573,600,602. This figure may be used by shareholders as the denominator for the calculations by which they will determine if they are required to notify their interest in, or a change to their interest in, the Company under the FCA’s Disclosure Guidance and Transparency Rules.

In accordance with Article 5(1)(b) of Regulation (EU) No 596/2014 (the Market Abuse Regulation), detailed information about the individual purchases made by Citigroup Global Markets Limited is set out below.

Contact:
Sports Direct International plc
Cameron Olsen
Company Secretary
T. 0344 245 9200
E. investor.relations@sportsdirect.com

KBA PR
Keith Bishop
T. 0207 734 9995
E. sd@kbapr.com

Source: Sports Direct International plc

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Klépierre announces that its shares will be delisted from Euronext Amsterdam N.V. as of November 7, 2016

Paris, 2016-Oct-07 — /EPR Retail News/ — Klépierre S.A. (“Klépierre”) which is currently listed on both Euronext Paris and Euronext Amsterdam announces that its shares will be delisted from Euronext Amsterdam N.V. (“Euronext Amsterdam”) as of Monday November 7, 2016.

Following the approval by Euronext Amsterdam of the delisting request, Klépierre announces that:
 the last day of trading on Euronext Amsterdam will be Friday November 4, 2016;
 the delisting will be effective Monday November 7, 2016.

Klépierre wishes to consolidate its listings on a single stock exchange, i.e. Euronext Paris. The delisting from Euronext Amsterdam will neither affect the liquidity of the shares nor have any impact on the trading. All transactions currently carried out at Euronext are and will remain processed through the Euronext single order book.

No specific action is required from holders of Klépierre shares and they will not bear any cost due to the delisting.

ABOUT KLÉPIERRE

A leading shopping center property company in Europe, Klépierre combines development, rental, property, and asset management skills. The company’s portfolio is valued at 22.6 billion euros at June 30, 2016 and comprises large shopping centers in 16 countries in Continental Europe. Klépierre holds a controlling (56.1%) stake in Steen & Strøm, Scandinavia’s number one shopping center owner and manager. Klépierre’s largest shareholders are Simon Property Group (20.3%), world leader in the shopping center industry, and APG (13.1%), a Netherlands-based pension fund firm. Klépierre is a French REIT (SIIC) listed on Euronext ParisTM and Euronext Amsterdam. Klépierre is included in the CAC 40, EPRA Euro Zone and GPR 250 indexes. It is also included in ethical indexes, such as DJSI World and Europe, Euronext Vigeo France 20 and World 120, and Euronext Low Carbon 100 Europe, and is ranked as a Green Star by GRESB (Global Real Estate Sustainability Benchmark). These distinctions underscore Klépierre’s commitment to a proactive sustainable development policy. For more information: www.klepierre.com

AGENDA: October 26, 2016 2016 Third quarter revenues (press release after market close)

*** This press release is available on Klépierre’s website: www.klepierre.com

INVESTOR RELATIONS CONTACTS:
Vanessa FRICANO
+ 33 (0)1 40 67 52 24
vanessa.fricano@klepierre.com

Julien ROUCH
+33 (0)1 40 67 53 08
julien.rouch@klepierre.com

MEDIA CONTACTS:
Lorie LICHTLEN
Burson-Marsteller i&e
+33 (0)1 56 03 13 01
lorie.lichtlen@bm.com

Camille PETIT
Burson-Marsteller i&e
+33 (0)1 56 03 12 98
camille.petit@bm.com

Source: Klépierre

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The Dairy Farm Company acquires 286,934,440 shares in Yonghui Superstores Co., Ltd for US$190 million

Hong Kong, 2016-Aug-16 — /EPR Retail News/ —  Dairy Farm International Holdings Limited today announced that its wholly-owned subsidiary, The Dairy Farm Company, Limited, has completed the acquisition of a further 286,934,440 shares in Yonghui Superstores Co., Ltd (‘Yonghui’) for a consideration of approximately US$190 million.

The acquisition, which is alongside an acquisition by JD.com of a 10% interest and by Mr. Zhang Xuansong, the Chairman of Yonghui, of a 2% interest, maintains Dairy Farm’s shareholding in Yonghui at 19.99%.

The acquisition was first announced on 7th August 2015, and had been subject to the receipt of the necessary regulatory approvals. The number of shares subscribed by Dairy Farm was adjusted from the amount originally announced to take account of a bonus issue of shares made by Yonghui in June 2016.

Yonghui is a Shanghai-listed hypermarket and supermarket operator based in Fuzhou, Fujian province in mainland China. As at 31st March 2016, Yonghui operated 412 retail outlets across China.

Dairy Farm is a leading pan-Asian retailer. The Group, together with its associates and joint ventures, operates some 6,500 outlets – including supermarkets, hypermarkets, convenience stores, health and beauty stores, home furnishings stores and restaurants – employing over 180,000 people, and had total annual sales in 2015 exceeding US$17 billion. Dairy Farm International Holdings Limited is incorporated in Bermuda and has a standard listing on the London Stock Exchange as its primary listing, with secondary listings in Bermuda and Singapore. It is a member of the Jardine Matheson Group.

For further information, please contact:

Dairy Farm Management Services Limited
Lancy Ng
(852) 2299 3011 Brunswick Group Limited

Siobhan Xiaohui Zheng
(852) 3512 5044

This and other Group announcements can be accessed through the Internet at ‘www.dairyfarmgroup.com’.

Source: Dairy Farm International Holdings Limited

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Sports Direct announces purchase of 234,052 of its ordinary shares from Citigroup Global Markets Limited on 02 August 2016

Shirebrook, UK, 2016-Aug-04 — /EPR Retail News/ — Sports Direct announces that on 02 August 2016 it purchased 234,052 of its ordinary shares from Citigroup Global Markets Limited (acting as the Company’s broker) at a price of 281.8 pence per share. The purchased shares will all be held as treasury shares.

Following the above purchase, the Company holds 43,152,267 ordinary shares as treasury shares. The total number of ordinary shares in issue (excluding shares held as treasury shares) is 597,450,102.

Contact:

Dave Forsey, Chief Executive

Matt Pearson, Acting Chief Financial Officer

T. 0344 245 9200

KBA PR

Keith Bishop
T. 0344 245 9200

Source: Sports Direct International plc

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Certain of The Michaels Companies, Inc stockholders intend to offer for sale 11 million shares of the Company’s common stock

IRVING, Texas, 2016-Jul-16 — /EPR Retail News/ — The Michaels Companies, Inc. (NASDAQ:MIK) (the “Company”) today announced that certain of its stockholders (the “Selling Stockholders”) intend to offer for sale 11 million shares of the Company’s common stock pursuant to the Company’s shelf registration statement filed with the Securities and Exchange Commission (“SEC”), of which the Company intends to purchase from the underwriter 1 million shares of such common stock.  In conjunction with this offering, the Company announced that it anticipates that its results for the second quarter of fiscal 2016 will be in the lower-to-middle range of the previously disclosed guidance.

The Selling Stockholders will receive all of the net proceeds from this offering. No shares are being sold by the Company.

The Company’s per-share purchase price for the repurchased shares will be the same as the per-share purchase price payable by the underwriter to the Selling Stockholders.

Morgan Stanley will act as underwriter for the offering.

A registration statement relating to these shares was filed with the SEC on July 9, 2015 and became effective upon filing. The offering of these shares will be made only by means of a prospectus. Before you invest, you should read the prospectus, the registration statement and the documents incorporated by reference in that registration statement, as well as the prospectus supplement related to this offering.  You may obtain these documents for free by visiting EDGAR on the SEC website at www.sec.gov.  When available, copies of the prospectus supplement and accompanying prospectus related to the offering may be obtained from Morgan Stanley & Co. LLC – Attn: Prospectus Department – 180 Varick Street, 2nd Floor – New York, NY 10014.

This press release shall not constitute an offer to sell or the solicitation of an offer to buy, nor shall there be any sale of, these securities in any state or jurisdiction in which such offer, solicitation or sale would be unlawful prior to the registration or qualification under the securities laws of such state or jurisdiction.

About The Michaels Companies, Inc.:

The Michaels Companies, Inc. is North America’s largest specialty provider of arts, crafts, framing, floral, wall décor, and seasonal merchandise for the hobbyist and do-it-yourself home decorator. As of April 30, 2016, the Company owned and operated 1,352 stores in 49 states and Canada under the brands Michaels, Aaron Brothers, and Pat Catan’s.  The Michaels Companies, Inc. also owns Artistree, a manufacturer of high quality custom and specialty framing merchandise, and Darice, a premier wholesale distributor in the gift and decor industry.  The Michaels Companies, Inc. produces a number of exclusive private brands including Recollections®, Studio Decor™, Bead Landing®, Creatology®, Ashland®, Celebrate It®, ArtMinds®, Artist’s Loft®, Craft Smart®, Loops & Threads®, Make Market®, Foamies®, LockerLookz®, and Sticky Sticks®.

Forward-Looking Statements:

Certain information contained in this news release, particularly information regarding the completion of the offering and the repurchase by the Company, constitute forward-looking statements. The words “anticipate”, “assume”, “believe”, “continue”, “could”, “estimate”, “expect”, “forecast”, “future”, “guidance”, “imply”, “intend”, “may”, “outlook”, “plan”, “potential”, “predict”, “project”, and similar terms and phrases are intended to identify forward-looking statements, although not all forward-looking statements contain these identifying words. The Company cannot assure investors that future developments affecting the Company will be those that it has anticipated. Actual results may differ materially from these expectations due to risks relating to the effect of economic uncertainty, market conditions and other risks and uncertainties identified under the heading “Risk Factors” included in the prospectus, the Company’s Form 10-K filed with the SEC on March 17, 2016, which is available at www.sec.gov, and other filings that the Company may make with the SEC in the future. If one or more of these risks or uncertainties materialize, or if any of the Company’s assumptions prove incorrect, the Company’s actual results may vary in material respects from those projected in these forward-looking statements. Any forward-looking statement made by the Company in this news release speaks only as of the date on which the Company makes it. Factors or events that could cause the Company’s actual results to differ may emerge from time to time, and it is not possible for the Company to predict all of them. The Company does not undertake and specifically disclaims any obligation to publicly update any forward-looking statement, whether as a result of new information, future developments or otherwise, except as may be required by any applicable securities laws.

Investor Contact:

Kiley F. Rawlins, CFA
972.409.7404
Kiley.Rawlins@michaels.com

ICR, Inc.
Farah Soi
203.682.8200
Farah.Soi@icrinc.com

Anne Rakunas
Anne.Rakunas@icrinc.com

Financial Media Contact:

ICR, Inc.
Michael Fox
203.682.8200
Michaels@icrinc.com

Jessica Liddell
203.682.8208

Source: Michaels Stores, Inc.