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AFRIMAT LIMITED - Closed Period Share Purchase Programme By Afrimat Limited in Infrasors Limited

Release Date: 30/08/2013 11:06
Code(s): AFT     PDF:  
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Closed Period Share Purchase Programme By Afrimat Limited in Infrasors Limited

Afrimat Limited
Incorporated in the Republic of South Africa
(Registration number: 2006/022534/06)
Share code: AFT ISIN: ZAE000086302
(“Afrimat” or “the Company”)



CLOSED PERIOD SHARE PURCHASE PROGRAMME BY AFRIMAT LIMITED IN
INFRASORS LIMITED


Shareholders are hereby advised that Afrimat has granted a mandate for the purchase of its
subsidiary, Infrasors Holdings Limited (“Infrasors”) ordinary shares during the Infrasors
closed period. This period commences on 1 September 2013 and terminates on or about 28
October 2013 when Infrasors is scheduled to publish its interim results.


The mandate granted by Afrimat has been entered into with a single agent who has full
discretion in executing the purchase of shares in Infrasors during the closed period. The
intention is to repurchase a maximum of 13 million Infrasors shares for an aggregate
consideration not exceeding R8.45 million. The purchase(s) will not be conducted at a price of
greater than R0.65 as per section 127 of the Companies Act.




Cape Town
30 August 2013

Sponsor: Bridge Capital Advisors (Pty) Limited

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