The Spar Group Limited. JSE: SSP
Background of SPAR[info_list font_size_icon=”24″][info_list_item list_icon=”Defaults-check”]The SPAR Group is a leading wholesaler and distributor of goods and services, with a history stemming back to its establishment in South Africa in 1963 as a wholesaler servicing 500 small retailers.[/info_list_item][info_list_item list_icon=”Defaults-check”]Today, the group supplies and services almost 2 000 independently-owned SPAR stores in South Africa and a number of other African countries. The group broke new ground in 2014 when it decided to buy BWG in Ireland, comprising more than 1 300 SPAR, MACE, XL and Londis stores and various wholesale cash and carry branches. The group also acquired a majority stake in SPAR Switzerland, bring total footprint to more than 4 000 stores.[/info_list_item][info_list_item list_icon=”Defaults-check”]The group also owns Build It stores in Southern Africa, TOPS @ SPAR liquor stores and Pharmacy @ SPAR stores. Products are distributed from seven distribution centres and put up for sale in the group’s stores.[/info_list_item][info_list_item list_icon=”Defaults-check”]SPAR Group shares are listed on the Johannesburg Stock Exchange (JSE) with a market cap of R35 billion.[/info_list_item][/info_list]
SPAR Group Investor Tip
Government Employees Pension Fund, Oppenheimer Funds Inc
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- Start by Filling in the BUY THIS SHARE form.
- Insert your name, email, telephone number and monthly remuneration.
- Then, Indicate the amount you are looking to invest in SPAR.
- Click the “ INVEST NOW” button
- Once we have received your info, a dedicated stock advisor will personally call you back to discuss your personal share request.
- Lastly, your newly appointed personal stock advisor will handle all account setups and reporting as stipulated by the financial services board of South Africa (FSB)
[/info_list_item][info_list_item list_title=”Buy Shares with Confidence ” list_icon=”Defaults-circle”]Buying JSE shares has never been this convenient and easy. #myfirstshare
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