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Closed period share repurchase programme
Insimbi Industrial Holdings Limited
(Formerly Insimbi Refractory and Alloy Supplies Limited)
(Incorporated in the Republic of South Africa)
(Registration number: 2002/029821/06)
Share code: ISB ISIN: ZAE000116828
(“Insimbi” or “the Company”)
CLOSED PERIOD SHARE REPURCHASE PROGRAMME
Shareholders are hereby advised that Insimbi has, via its subsidiary company, granted a mandate for the
repurchase of its ordinary shares during its closed period. This period commences on 1 September 2020 and
terminates on or about 30 November 2020, when the Company’s financial results for the six months ended 31
August 2020 are scheduled to be released.
In terms of the authority granted at the annual general meeting of shareholders held on Thursday, 4 July 2019,
a maximum of 3 million Insimbi shares, may be purchased for an aggregate consideration not exceeding
R3 270 000. Any repurchase of shares may not be executed at a price higher than 10% above the weighted
average trading price for Insimbi ordinary shares for the five business days immediately preceding the date
on which any such repurchase is effected. The mandate has been entered into with one agent who has full
discretion in executing the Share Repurchase Programme.
Johannesburg
31 August 2020
Sponsor: Bridge Capital Advisors Proprietary Limited
Date: 31-08-2020 04:12:00
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