To view the PDF file, sign up for a MySharenet subscription.

CLS - Clicks Group Limited - Close period share repurchase programme

Release Date: 31/08/2010 07:29
Code(s): CLS
Wrap Text

CLS - Clicks Group Limited - Close period share repurchase programme Clicks Group Limited (Incorporated in the Republic of South Africa) (Registration number 1996/000645/06) JSE share code: CLS ISIN: ZAE000134854 ("Clicks Group" or "the Company")) Close Period Share Repurchase Programme The Company announces that an agreement has been entered into in relation to the purchase of its shares by a subsidiary company during its closed period. The closed period will commence on 31 August 2010 and is anticipated to end on 21 October 2010, when the Clicks Group results are scheduled to be published. The maximum aggregate consideration payable for the shares to be repurchased is R168 000 000. The mandate in the agreement is for an irrevocable, non-discretionary programme to purchase the Company`s shares. Any purchase will be effected within certain pre-set parameters within the limits of the programme and the Listings Requirements of the JSE Limited. Cape Town 31 August 2010 Date: 31/08/2010 07:29:56 Supplied by www.sharenet.co.za Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited (`JSE`). The JSE does not, whether expressly, tacitly or implicitly, represent, warrant or in any way guarantee the truth, accuracy or completeness of the information published on SENS. The JSE, their officers, employees and agents accept no liability for (or in respect of) any direct, indirect, incidental or consequential loss or damage of any kind or nature, howsoever arising, from the use of SENS or the use of, or reliance on, information disseminated through SENS.