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

CLICKS GROUP LIMITED - Cancellation and delisting of 22 185 735 Clicks Group Ordinary Shares

Release Date: 07/02/2014 16:15
Code(s): CLS     PDF:  
Wrap Text
Cancellation and delisting of 22 185 735 Clicks Group Ordinary Shares

Clicks Group Limited
(Incorporated in the Republic of South Africa)
Registration number 1996/000645/06
JSE share code: CLS
ISIN: ZAE000134854
CUSIP: 18682W205
("Clicks Group" or "the group")


CANCELLATION AND DELISTING OF 22 185 735 CLICKS GROUP ORDINARY
SHARES

In terms of the specific authority granted by shareholders at the Annual General
Meeting (“AGM”) held on 30 January 2014, Clicks Group Limited cancelled and de-
listed 22 185 735 ordinary shares on 7 February 2014.
These shares were acquired as part of general repurchases by a subsidiary
company in terms of the general authorities granted by shareholders at the AGM’s
held in January 2011, January 2012 and January 2013. Clicks Group had also
during these periods issued shares for cash to a subsidiary in terms of the relevant
authority granted at the AGM held in January 2011 and the General Meeting held in
June 2011.

The cancellation of these shares has no financial impact on headline earnings per
share (diluted and undiluted) and earnings per share (diluted and undiluted) of Clicks
Group.

The shares cancelled represent 8.27% of the issued ordinary share capital of the
company immediately prior to such cancellation. Following the cancellation, the
issued share capital of the company will now comprise 246 137 763 ordinary shares
of 1 cent each and 29 153 295 “A” ordinary shares of 1 cent each.

Cape Town
7 February 2014

Sponsor
Investec Bank Limited

Date: 07/02/2014 04:15:00 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.

Share This Story