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

Release Date: 11/12/2019 12:47
Code(s): CAT CATP     PDF:  
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Repurchase Programme of Ordinary Shares

CAXTON AND CTP PUBLISHERS AND PRINTERS LIMITED (“the company”)
(Incorporated in the Republic of South Africa)
(Registration number 1947/026616/06)
Share code: CAT                      ISIN: ZAE000043345
Preference share code: CATP          ISIN: ZAE000043352


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


Shareholders are advised that the company has, with effect from Tuesday, 10 December 2019,
commenced 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 Monday,
9 December 2019 (“the AGM”), purchase up to 20% of its issued ordinary share capital
(77 342 728 ordinary shares).

The repurchase programme will continue until the close of business on 18 September 2020,
which period will include the closed periods in respect of the publication of the company’s
interim results for the six months ending 31 December 2019 and the publication of the
company’s reviewed results for the year ending 30 June 2020. These results are expected to be
released on or about 19 March 2020 and 18 September 2020.

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 Johannesburg Stock Exchange.

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
11 December 2019

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

Date: 11-12-2019 12:47:00
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