Spur in hot water in South Africa

• Spur has set aside R129.5 million to cover potential damages from a lawsuit filed by GPS Food Group in 2019.
• Spur is facing a lawsuit filed by GPS Food Group in 2019, which claims damages ranging from R119.9 million to R167 million, and an alternative delictual claim worth R95.8 million.
• Spur's financial results for the year ended June 30, 2026, are expected to be significantly affected, with earnings per share projected to decrease by 31-41% and headline earnings per share projected to fall by 34-43%.