EQSTRA HOLDINGS LIMITED - Eqstra repurchases 8.0 million shares in the open market further enhancing shareholder value

Eqstra repurchases 8.0 million shares in the open market further enhancing shareholder value

Eqstra Holdings Limited  
(Incorporated in the Republic of South Africa)  
(Registration number 1998/011672/06)  
Share code: EQS ISIN: ZAE000117123 
 
Eqstra  repurchases  8.0  million  shares  in  the  open  market  further  enhancing  shareholder 
value 
 
Eqstra Holdings Limited (“the Company”) hereby announces that during the period 30 April 
to 6 May 2013 the Company repurchased a further 7,985,504 ordinary shares at a value of 
R49.8  million,  which  is  in  accordance  with  the  general  authority  granted  by  Eqstra 
shareholders at the annual general meeting held on 13 November 2012. These shares have 
subsequently  been  cancelled  (delisted)  on  the  Johannesburg  Stock  Exchange  and  reduced 
the Company’s ordinary shares in issue by 1.9% to 411,367,941 shares, of which a subsidiary 
company holds 8,930,581 treasury shares. 
 
This repurchase brings the total ordinary shares repurchased and cancelled by the Company 
since   1  July  2012, following the  general authority  given in November 2011, to 17,300,451 
ordinary shares. A maximum of 21,074,468 ordinary shares can be repurchased in terms of 
the general authority obtained from shareholders. 
 
Walter Hill, Chief Executive of Eqstra Holdings, said: “Our repurchase program continues as 
we  see  value  in  our  current  share  price,  which  trades  at  a  discount  to  the  Company’s  Net 
Asset Value. We will continue to invest shareholder capital in value enhancing activities, and 
we consider repurchasing our own shares a low risk transaction that could reap significant 
benefits for shareholders in the future.” 
 
End 
 
  
For further information: 
 
Jannie Serfontein  
Chief Financial Officer  
+27 11 966 2163  
 
Gavin Bantam  
Investor Relations  
+27 11 966 2042 
 
Kempton Park 
17 May 2013 
 
Sponsor 
RAND MERCHANT BANK (A division of FirstRand Bank Limited) 

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