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

AFRIMAT LIMITED - Closed Period Share Repurchase Programme

Release Date: 31/08/2018 08:00
Code(s): AFT     PDF:  
Wrap Text
Closed Period Share Repurchase Programme

Afrimat Limited
(Incorporated in the Republic of South Africa)
(Registration number 2006/022534/06)
Code: AFT ISIN: ZAE 000086302
("Afrimat" or “the Company”)


Shareholders are hereby advised that Afrimat has, via its subsidiary company, granted a mandate for the
repurchase of its ordinary shares during its closed period. This closed period commences on
1 September 2018 and terminates on or about 1 November 2018 when the company is scheduled to
publish its final results.

In terms of the authority granted at the annual general meeting of shareholders held on Wednesday,
1 August 2018, a maximum of 1 million Afrimat shares may be repurchased for an aggregate
consideration not exceeding R22 000 000. Any repurchase of shares must be executed at a price not
higher than 10% above the weighted average trading price for Afrimat ordinary shares for the five
business days immediately preceding the date on which any such repurchase is effected. The mandate
has been granted to a single agent who has full discretion in executing the Share Repurchase

Cape Town
31 August 2018
Sponsor: Bridge Capital Advisors Proprietary Limited

Date: 31/08/2018 08:00:00 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.

Email this JSE Sens Item to a Friend.

Share This Story