Staff Writer
Pepkor Holdings Limited has updated disclosures linked to its N$10 billion Domestic Medium Term Note (DMTN) Programme and confirmed the availability of key financial and governance documents ahead of its annual general meeting.
In a notice issued on 19 January 2026, the South African retail group informed noteholders that the information statement incorporated by reference in the DMTN Programme has been updated and dated the same day.
The update was made in line with the JSE Debt and Specialist Securities Listings Requirements.
Pepkor said the changes mainly relate to investor considerations and risk factors, the group’s organisational structure, and parts of its business description.
Updates include a revised business overview, added detail on the experience of board members, and amendments to the litigation statement. The group also updated the description of the guarantor and the list of directorships.
The company further advised that the annual financial statements of Pepkor Trading Proprietary Limited, which acts as guarantor to the DMTN Programme, for the year ended 30 September 2025, are available for inspection at its registered office. The audit report on the guarantor’s financial statements was unqualified.
Separately, Pepkor confirmed that its summarised annual financial statements for the year ended 30 September 2025, together with the notice of the annual general meeting, were distributed to shareholders on 19 January 2026.
Pepkor has a strong presence in Namibia, where it operates several retail brands, including PEP, Ackermans, Tekkie Town, Bradlows, Dunns, Refinery, Shoe City, Incredible Connection, Sleepmasters, and the recently acquired OK Furniture.
The group has expanded locally through acquisitions such as Choice Clothing and OK Furniture (JD Namibia).
Its Namibian operations cover clothing, footwear, furniture, electronics, and fintech.
This scale has at times drawn scrutiny from the Namibian Competition Commission over market dominance.
The update forms part of Pepkor’s ongoing regulatory compliance and disclosure obligations to investors and noteholders ahead of its AGM.
Caption
Pepkor has a significant footprint in Namibia, where it operates a wide portfolio of retail brands.
- Photo: Contributed
