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CLICKS GROUP LIMITED - Closed Period Share Repurchase

Release Date: 28/02/2014 08:00
Code(s): CLS     PDF:  
Wrap Text
Closed Period Share Repurchase

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 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 28 February 2014 and is anticipated to end on 24 April 2014, when the
Clicks Group results are scheduled to be published.
The maximum aggregate consideration payable for the shares to be repurchased is R50
million.


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
28 February 2014


Sponsor:
Investec Bank Ltd

Date: 28/02/2014 08:00:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE'). 
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