Choppies on SA roadshow ahead of JSE listing

Monday, May 18, 2015

Botswana’s supermarket chain Choppies has announced its intention to raise about R574 million to fuel growth by listing on the JSE later this month. To date, Choppies operates 125 grocery stores in southern Africa and is on track to run more than 200 by the end of next year. CEO Ramachandran Ottapathu joined Business Day Tv in the News Leader studio with more on his ambitious plans.

BDTV :So you are in SA at the moment on a roadshow, what sort of sense are you getting from institutional investors, are they interested in investing in Choppies?

Ramachandran Ottapathu (RO): Thank you…we are getting very positive feedback and it is exciting for the company as well as for me as CEO. Its exciting feedback from the investment communities.

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