Super Group to delist shares on Tuesday

WITH the completion of the compulsory acquisition exercise, the shares of Super Group will be delisted from the official list of the SGX-ST with effect from 9am on June 6.

The group is now a subsidiary of Sapphire Investments, which is an indirectly wholly owned subsidiary of Dutch coffee and tea company Jacobs Douwe Egberts.

Sapphire Investments had on June 2 completed the exercise of its right of compulsory acquisition of shares of Super Group by shareholders who have not previously agreed to its offer.