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BRIMSTONE INVESTMENT CORPORATION LIMITED - Voluntary announcement : general repurchase of N Ordinary Shares

Release Date: 30/06/2021 11:00
Code(s): BRN BRT     PDF:  
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Voluntary announcement : general repurchase of N Ordinary Shares

Brimstone Investment Corporation Limited
(Incorporated in the Republic of South Africa)
Registration number 1995/010442/06
(“Brimstone” or “the Company”)
ISIN Number: ZAE000015277 Share Code: BRT
ISIN Number: ZAE000015285 Share Code: BRN

VOLUNTARY ANNOUNCEMENT: GENERAL REPURCHASE OF N ORDINARY SHARES

Brimstone shareholders are advised that the Company has repurchased 5 747 590 Brimstone N Ordinary
Shares (“N Ordinary Shares”) in terms of a general approval granted by shareholders at the Company’s
annual general meeting held on 19 May 2021 (the “General Repurchase”).

The 5 747 590 N Ordinary Shares were repurchased on the open market at a price of R6.05 per N Ordinary
Share, for a total consideration of R34 772 919.50. The N Ordinary Shares will be held as treasury shares
in Septen Investments (Pty) Limited, a wholly-owned subsidiary of Brimstone.

The General Repurchase represents 2.55% of the Company’s total number of N Ordinary Shares in issue.

This announcement is of a voluntary nature and for information purposes only.

Cape Town
30 June 2021

Investment Bank, Corporate Advisor and Sponsor
Nedbank Corporate and Investment Banking, a division of Nedbank Limited

Date: 30-06-2021 11:00:00
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