VESA shareholding in Sainsbury’s increased to 9.99%
14. 4. 2021
VESA Equity Investment (VESA) confirms that its shareholding in Sainsbury’s increased to 9.99%, following an acquisition of additional shares on Monday.
This reaffirms VESA’s long-term interest in acquiring strategic minority participations in publicly listed companies across the wider food retail distribution segment, where we continue to perceive Sainsbury’s as an attractive investment opportunity. We are very pleased to be able to be associated with the strong and reputable brand of Sainsbury’s.
Finally, VESA would like to express its supports to the strategy of the executive management team of Sainsbury’s, led by Simon Roberts as the CEO.