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BOWLER METCALF LIMITED - Cancellation and delisting of repurchased shares

Release Date: 14/06/2019 10:00
Code(s): BCF     PDF:  
 
Wrap Text
Cancellation and delisting of repurchased shares

BOWLER METCALF LIMITED
Incorporated in the Republic of South Africa
(Registration number: 1972/005921/06)
Share code: BCF ISIN: ZAE000030797
(“Bowler Metcalf” or “the Company”)


CANCELLATION AND DELISTING OF REPURCHASED SHARES


Shareholders are referred to the announcement dated 30 May 2019 regarding the
general repurchase by a wholly owned subsidiary of the Company of 2 824 943 Bowler
Metcalf ordinary shares in the aggregate, representing 3.22% of the Company's issued
share capital in accordance with the general authority granted by shareholders at the
Company’s annual general meeting held on 7 November 2018 (“General Authority”).
On 31 May 2019, a further 25 838 Bowler Metcalf ordinary shares were repurchased by a
wholly owned subsidiary of the Company in accordance with the General Authority.

Shareholders are hereby advised that an application has been made to the JSE Limited
for the cancellation and delisting of the 2 850 781 repurchased shares referred to
above (“Delisting”), which is expected to occur on or before 19 June 2019.

The number of issued Bowler Metcalf shares after the Delisting will be 84 773 327
ordinary shares of no par value.

Cape Town
14 June 2019

Sponsor
Arbor Capital Sponsors Proprietary Limited

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