It is the policy of the group to pursue dialogue with all shareholders, where practicable. The board believes in communicating to investors the group’s strategies and financial performance in a timely, relevant and balanced manner and places emphasis on objective, honest, relevant and balanced communication to investors.
There is regular dialogue with institutional investors who, along with buy-side and sell-side analysts, are invited to briefings by the group immediately after the announcement of the interim and final results. These presentations are published on the Woolworths Holdings Limited web site. Care is exercised to ensure that any price sensitive information is released to all shareholders at the same time in accordance with the JSE Listings Requirements.
The group encourages shareholders to attend annual general meetings and general meetings. This forum accords shareholders the opportunity to ask questions and seek clarification from the board on matters affecting the group in particular and shareholders in general.