CAXTON AND CTP PUBLISHERS AND PRINTERS LIMITED - Repurchase Programme of Ordinary Shares

Release Date: 25/03/2019 12:13
Code(s): CAT CATP
 
Wrap Text
Repurchase Programme of Ordinary Shares

CAXTON AND CTP PUBLISHERS AND PRINTERS LIMITED
(Incorporated in the Republic of South Africa)
(Registration number 1947/026616/06)

Share code: CAT                     ISIN: ZAE000043345
Preference share code: CATP         ISIN: ZAE000043352

(“the company”)


REPURCHASE PROGRAMME OF ORDINARY SHARES (“the repurchase programme”)


The company may, in accordance with the general authority to repurchase ordinary shares
granted to the board of directors at the annual general meeting of the company held on
7 December 2018 (“the AGM”), purchase up to 20% of its issued ordinary share capital
(77 755 469 ordinary shares).

The results for the six months ended 31 December 2018 were released on 28 February 2019,
and shareholders are advised that the company has with effect from Monday, 25 March 2019,
commenced the repurchase programme.

The repurchase programme will continue until the close of business on 13 September 2019,
which period will include the closed period in respect of the publication of the company’s
reviewed results for the year ending on 30 June 2019. These results are expected to be
released on or about 13 September 2019.

Shares purchased in terms of the repurchase programme will not be purchased at a price
greater than 10% above the volume weighted average price per ordinary share of the company
over the 5 trading days preceding any particular purchase and will be effected through the order
book operated by the JSE.

The repurchase programme may be discontinued at any stage during the period concerned and
there is no obligation on the company to purchase any shares during the period.

By order of the board

Johannesburg
25 March 2019

Sponsor
Arbor Capital Sponsors Proprietary Limited
(Registration number 2006/033725/07)

Date: 25/03/2019 12:13:00 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