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INSIMBI INDUSTRIAL HOLDINGS LIMITED - Closed Period Share Repurchase Programme

Release Date: 03/09/2018 17:00
Code(s): ISB     PDF:  
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Closed Period Share Repurchase Programme

Insimbi Industrial Holdings Limited
(Formerly 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”)


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 September 2018
and terminates on or about 30 November 2018, when the Company’s interim financial results for the six
months ended 31 August 2018 are scheduled to be released.

In terms of the authority granted at the annual general meeting of shareholders held on Tuesday, 3 July
2018, a maximum of 3 million Insimbi shares, may be purchased for an aggregate consideration not
exceeding R4 080 000. 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 effected. The mandate has been entered into with one
agent who has full discretion in executing the Share Repurchase Programme.

3 September 2018
Sponsor: Bridge Capital Advisors Proprietary Limited

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