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INSIMBI REFRACTORY & ALLOY SUP LIMITED - CLOSED PERIOD SHARE REPURCHASE PROGRAMME

Release Date: 01/03/2018 10:05
Code(s): ISB     PDF:  
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CLOSED PERIOD SHARE REPURCHASE PROGRAMME

Insimbi Refractory and Alloy Supplies Limited
(Incorporated in the Republic of South Africa)
(Registration number: 2002/029821/06)
Share code: ISB ISIN: ZAE000116828
(“Insimbi” or “the Company”)

CLOSED PERIOD SHARE REPURCHASE PROGRAMME

Shareholders are hereby advised that Insimbi has, via its subsidiary company, granted a mandate for the
repurchase of its ordinary shares during its closed period. This period commences on 1 March 2018 and
terminates on or about 31 May 2018, when the Company’s year-end financial results for the twelve months
ended 28 February 2018 are scheduled to be released.

The mandate has been entered into with one agent who has full discretion in executing the Share
Repurchase Programme. A maximum of 3 million Insimbi shares in terms of an authority granted at the
annual general meeting of shareholders held on Monday, 26 June 2017, may be purchased. Any repurchase
of shares may not be executed at a price higher than 10% above the weighted average trading price for
Insimbi ordinary shares for the five business days immediately preceding the date on which any such
repurchase is affected.

Johannesburg
01 March 2018
Sponsor: Bridge Capital Advisors Proprietary Limited

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