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REINET INVESTMENTS S.C.A - Reinet Investments S.C.A. share buyback programme - update 12 March 2019

Release Date: 12/03/2019 08:00
Code(s): RNI     PDF:  
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Reinet Investments S.C.A. share buyback programme - update 12 March 2019

Reinet Investments S.C.A.
(Incorporated in Luxembourg)
ISIN: LU0383812293
Code: RNI


COMPANY ANNOUNCEMENT FOR IMMEDIATE RELEASE


REINET INVESTMENTS S.C.A. SHARE BUYBACK PROGRAMME - UPDATE 12 MARCH 2019

Reinet Investments S.C.A. has repurchased 294 938 ordinary shares in the period 4 to 8 March 2019. The shares were repurchased on the Johannesburg Stock Exchange at an average price of ZAR 231.65 per share (highest price: ZAR 242.98; lowest price: ZAR 222.25) for a total consideration of some ZAR 68.32 million (EUR 4.2 million), plus transaction costs. These repurchases were made as part of the share buyback programme announced on 6 February 2019.

The total number of shares repurchased under this programme to date is 1 067 112 ordinary shares for a total consideration of some ZAR 235.29 million (EUR 14.8 million), plus transaction costs.


Reinet Investments Manager S.A.
for and on behalf of Reinet Investments S.C.A.

Website: http://www.reinet.com/investor-relations/share-buyback-programme.html


Sponsor
RAND MERCHANT BANK (a division of FirstRand Bank Limited)


12 MARCH 2019


Reinet Investments S.C.A. (the 'Company') is a partnership limited by shares incorporated in the Grand Duchy of Luxembourg and having its registered office at 35, boulevard Prince Henri, L-1724 Luxembourg. It is governed by the Luxembourg law on Securitisation and in this capacity allows its shareholders to participate indirectly in the portfolio of assets held by its wholly-owned subsidiary Reinet Fund S.C.A., F.I.S. a specialised investment fund also incorporated in Luxembourg. The Company's ordinary shares are listed on the Luxembourg Stock Exchange, Euronext Amsterdam and the Johannesburg Stock Exchange, the listing on the Johannesburg Stock Exchange is a secondary listing. The Company's ordinary shares are included in the 'LuxX' index of the principal shares traded on the Luxembourg Stock Exchange.


Reinet Investments S.C.A.
R.C.S. Luxembourg B 16.576
Registered office: 35, boulevard Prince Henri, L-1724 Luxembourg, Tel. (+352) 22 42 10   Fax (+352) 22 72 53
Email: info@reinet.com  website: www.reinet.com 

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