VLE - Value Group Limited - Closed Period Share Repurchase Programme
VLE
VLE
VLE - Value Group Limited - Closed Period Share Repurchase Programme
Value Group Limited
(Incorporated in the Republic of South Africa)
Registration number: 1997/002203/06
Share code: VLE
ISIN: ZAE000016507
("Value" and "the Company")
CLOSED PERIOD SHARE REPURCHASE PROGRAMME
Value advises that it has, via its subsidiary company, entered into an agreement
to repurchase shares during its closed period. This period commences on 1
September 2008 and ends on 22 October 2008 when the Company`s 2009 interim
results are scheduled to be released.
The mandate in this agreement is for an irrecoverable, non-discretionary
programme to repurchase the Company`s shares in compliance with the JSE`s
Regulatory Requirements. The intention is to repurchase the Company`s shares to
a maximum value of R15 million. Any purchases will be effected within certain
pre-set parametres within the limits of the programme and the Listings
Requirements of the JSE Limited.
Johannesburg
29 August 2008
Sponsor: Investec Bank Limited
Date: 29/08/2008 16:06:11 Produced by the JSE SENS Department.
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