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Release Date: 03/12/2019 17:05
Code(s): TRL     PDF:  
Wrap Text
Share Buyback Programme

Trellidor Holdings Limited
(Incorporated in the Republic of South Africa)
(Registration number: 1970/015401/06)
Share Code: TRL
ISIN Code: ZAE000209342
(“the Company” or “Trellidor”)


The Company hereby announces the commencement of a share buyback programme
(“the Programme”) in terms of the general authority granted to the Company by its
shareholders at the annual general meeting of shareholders of the Company held on
14 November 2019.

The Company has allocated R20 million to purchase Trellidor shares under the Programme
which will be executed on the exchange operated by the JSE Limited (“JSE”) by Trellidor’s
authorised intermediary. The Programme commences tomorrow, Wednesday, 4 December
2019 at the opening of the market and will end once the maximum number of shares to be
repurchased under the Programme have been met.

The maximum anticipated purchase price in terms of the Programme will be R4.00 per
Trellidor share.

The Programme will be executed within certain pre-determined limits with specific reference
to the limits of the authority granted by the Company’s shareholders, including the current
limitation that the repurchase price must be at a price no more than 10% above the volume
weighted average traded price on the JSE for the 5 business days preceding the repurchase.

3 December 2019

PSG Capital

Date: 03-12-2019 05:05:00
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