IRA - Infrasors Holdings Limited - Closed period share repurchase scheme
IRA
IRA
IRA - Infrasors Holdings Limited - Closed period share repurchase scheme
Infrasors Holdings Limited
(Formerly Romador 123 (Proprietary) Limited)
(Incorporated in the Republic of South Africa)
(Registration number: 2007/002405/06)
Share Code: IRA ISIN: ZAE 000101507
("Infrasors" or "the Company")
CLOSED PERIOD SHARE REPURCHASE SCHEME
Infrasors announces that an agreement has been entered into in relation to the
purchase of it shares by a subsidiary company during its closed period, which
commences on 31 August 2008 and ends on or a out 31 October 2008 when the
Company`s results are scheduled to be published.
The maximum number of shares that can be purchased by the Company is 10% of the
issued share capital of the Company amounting to 17 783 949 shares in terms of
the general authority given by shareholders.
The mandate in the agreement is for an irrevocable, non-discretionary programme
to purchase the Company`s shares. Any purchases will be effected within certain
pre-set parameters, within the limits of the programme. Purchases of the
Company`s shares under these arrangements will be announced in keeping with the
JSE`s Listings Requirements on share repurchases.
The Company confirms that it currently has no information which is not generally
available and which, if generally available, would be likely to have a
significant effect on the price of the Company`s ordinary shares.
Johannesburg
27 August 2008
Sponsor
Sasfin Capital
(A division of Sasfin Bank Limited)
Date: 27/08/2008 14:21:01 Produced by the JSE SENS Department.
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