JOHANNESBURG, April 9 – Retail billionaire Christo Wiese has, through his investment vehicle Titan Premier Investments, purchased R6.87 million worth of Shoprite Holdings shares on the open market, while his son, JD Wiese, simultaneously sold shares of the same value through his investment firm, Mayborn Investments 143 (Pty) Ltd.
Shoprite informed shareholders of both transactions on 7 April 2026 via a JSE SENS announcement, disclosing that each took place on 2 April 2026. Both were on-market transactions involving 25,000 Shoprite ordinary shares at R274.60 per share, bringing the total value of each transaction to R6.87 million.
The SENS filing identifies Christo Wiese and JD Wiese as directors of the purchaser, Titan Premier Investments, and notes that JD Wiese is the sole director of the seller, Mayborn Investments 143. Both Christo and JD Wiese are indirect beneficial owners of both entities through their respective ultimate holding companies.
A spokesperson for Christo Wiese and Titan confirmed that the transactions constituted a reorganisation of the Wiese family’s shareholding in Shoprite between different family entities, rather than any reduction in or exit from the family’s overall position in the retailer.
The Shoprite transactions came approximately one month after the Wiese family concluded a substantially larger, inverse transfer in Invicta Holdings. In a R482 million off-market transaction concluded in early March, Titan Premier Investments sold more than 13.5 million Invicta shares to Thibault Square Financial Services, another vehicle associated with the Wiese family.
The transaction involved 13.54 million Invicta shares at an average price of R35.62, with JD Wiese effecting the purchase through Thibault Square on 2 March 2026. Christo Wiese serves as chairman of Invicta Holdings, a JSE-listed industrial holding company that distributes engineering components and consumables across South Africa and international markets. JD Wiese serves on Invicta’s board as an alternate director
The Shoprite transactions reflect a long-standing connection between Christo Wiese and the retailer. In 1981, Wiese bought his cousin out of Pep Stores which had by then acquired Shoprite acquiring a controlling 44% stake and becoming chairman of the group.
Under his tenure, the Pep group, later renamed Pepkor, grew significantly, acquiring Ackermans, Checkers, and OK Bazaars, among others. In 1986, Pepkor spun out its food interests, listing Shoprite Holdings separately on the JSE alongside the clothing interests of PEP Limited.
Wiese stepped down as Shoprite chairman in November 2020 but remains a non-executive director of the company. He continues to hold a significant interest in its shares through his investment vehicles. As of early 2025, Wiese held a 10.67% stake in Shoprite, equivalent to approximately 63.1 million shares.
