Publications
Partners
Cape Town - The Spar Group [JSE:SPP] has announced in a statement on Monday that the Public Investment Corporation Limited (PIC) has strengthened its stake in the retailer.
"Spar shareholders are advised that the company has received notification that the PIC has acquired a beneficial interest in Spar securities," it said in a SENS reports.
It said that PIC now hold 20 086% of the total issued ordinary share capital of the company.
The PIC manages the pension funds of civil servant. It is the biggest money manager in Africa.
"Spar shareholders are advised that the company has received notification that the PIC has acquired a beneficial interest in Spar securities," it said in a SENS reports.
It said that PIC now hold 20 086% of the total issued ordinary share capital of the company.
The PIC manages the pension funds of civil servant. It is the biggest money manager in Africa.
