Pick n Pay Holdings Limited (“PIKWIK”)
Reg. No. 1981/009610/06Share Code: PWK ISIN code: ZAE000005724 Pikwik’s only asset is its 53.85% (2011: 53.95%) effective holding in Pick n Pay Stores Limited (excluding treasury shares). The Pikwik Group earnings are directly related to those of this investment. Headline earnings for the year amount to R365.5 million (2011: R423.4 million). Headline earnings per share is 70.79 cents (2011: 82.08 cents). Headline earnings per share from continuing operations is 79.81 cents (2011: 94.29 cents). Diluted headline earnings per share from continuing operations is 77.63 cents (2011: 91.78 cents). The total number of shares in issue is 527.2 million (2011: 527.2 million) and the weighted average number of shares in issue during the year is 516.4 million (2011: 515.9 million). |