To view the PDF file, sign up for a MySharenet subscription.

TRELLIDOR HOLDINGS LIMITED - Share Buyback Programme

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”)

SHARE BUYBACK PROGRAMME

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.

Durban
3 December 2019

Sponsor
PSG Capital

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