Wrap Text
General Repurchase of Shares on the Open Market
MOTUS Holdings Limited
Incorporated in the Republic of South Africa
Registration number: 2017/451730/06
Share code: MTH
ISIN: ZAE000261913
(“Motus” or “the Company”)
GENERAL REPURCHASE OF SHARES ON THE OPEN MARKET
1. INTRODUCTION
In terms of paragraph 5.79 and 11.27 of the Listings Requirements of the JSE Limited (‘JSE’),
shareholders are advised that Motus has cumulatively purchased 5 953 364 of its own ordinary
shares, representing 3.0450% of the Company’s issued share capital in terms of the general
authority granted by shareholders at the Company’s annual general meeting held on 12 November
2019 (‘the General Repurchase’). 13 598 008 shares, representing 6.9550% of the General
Repurchase remain under the general authority granted by shareholders.
The General Repurchase was effected through the order book operated by the JSE trading system
in a series of unrelated trades without any prior understanding or arrangement between Motus and
the counter parties. No shares were purchased during any prohibited period.
2. DETAILS OF THE GENERAL REPURCHASE
Tranche 1 Tranche 2 Tranche 3
Dates of General 26, 27, 28 February 9, 10, 11, 12, 13, 17, 9, 12, 13, 14, 15, 22,
Repurchase 2020, 2 March 2020 18, 19 March 2020 23, 30 October 2020,
3 November 2020
VWAP paid per share R73.6258 R61.4442 R42.3293
Lowest price paid per share R73.1348 R41.9500 R40.9561
Highest price paid per share R75.5488 R68.9397 R44.5000
Number of shares 1 000 000 2 723 000 2 230 364
repurchased
Total value of shares R73 625 781.65 R167 312 618.53 R94 409 845.24
repurchased
The number of treasury shares of the Company following the General Repurchase increased by
950 000, resulting in a total of 5196259 treasury shares.
The Company will be applying to the JSE for the cancellation and delisting of the 1 280 364 of the
repurchased shares that have not yet been cancelled at a date to be approved by the JSE which is
expected to be on or about Friday, 13 November 2020.
3. STATEMENT BY THE DIRECTORS
The directors of Motus confirm that, after considering the effect of the General Repurchase, for a
period of 12 months after the date of this announcement:
• Motus and its subsidiaries (‘the Group’) will be able in the ordinary course of business to
pay its debts;
• The assets of the Company and the Group will be in excess of the liabilities of the
Company and the Group;
• The share capital and reserves of Motus and the Group will be adequate for ordinary
business purposes;
• The working capital of Motus and the Group will be adequate for ordinary business
purposes; and
• The Company and the Group have passed the solvency and liquidity test and since the test
was performed, there have been no material changes to the financial position of the Group.
4. SOURCE OF FUNDS
The General Repurchase was funded from the Company’s available cash resources.
5. IMPACT OF THE GENERAL REPURCHASE ON THE FINANCIAL INFORMATION OF THE
COMPANY
The Company’s cash balances decreased by R 337 153 712.52, including transaction costs, as a
result of the General Repurchase, with R94 918 134.37 being incurred in the current financial year.
Bedfordview
05 November 2020
Sponsor:
The Standard Bank of South Africa Limited
Date: 05-11-2020 08:00:00
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.
Sharenet Sites 
