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Published 2 years ago

Grand Parade to unbundle Spur shares | Fin24

Summary by Ground News

Grand Parade Investments is unbundling its 9.28% stake in Spur to its shareholders. GPI owns almost 9.3% of Spur, with the stake valued at about R174 million. The unbundled will be finalised next month, should GPI get approval from the South African Reserve Bank.

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Grand Parade to unbundle Spur shares | Fin24

Grand Parade Investments holds 9.3% of Spur, a stake valued at about R174 million.

2 years ago·South Africa

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Grand Parade to unbundle Spur shares

Grand Parade Investments (GPI) has announced it will unbundle its stake in restaurant chain Spur.

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