SBG - Simeka Business Group Limited - Closed Period Share Repurchase Programme
SBG
SBG
SBG - Simeka Business Group Limited - Closed Period Share Repurchase Programme
SIMEKA BUSINESS GROUP LIMITED
(Incorporated in the Republic of South Africa)
(Registration No. 2003/012583/06)
Share code: SBG ISIN code: ZAE000074878
("Simeka" or "the company")
Closed Period Share Repurchase Programme
Shareholders are advised that Simeka has entered into an agreement in relation
to the purchase of its shares by a subsidiary company during a closed period,
which commences on 1 December 2010 and ends on 28 February 2011 when the
company`s interim results are scheduled to be published.
The mandate in the agreement is for an irrevocable, non-discretionary programme
to purchase the company`s shares. Any purchases will be effected within pre-set
parameters and limits of the programme.
The maximum number of shares to be repurchased is 30 million with an aggregate
consideration of R4 500 000.
30 November 2010
Designated Advisor
Sasfin Capital
(a division of Sasfin Bank Limited)
Date: 30/11/2010 16:12:01 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.
Profile Group (Pty) Ltd. has taken care in preparing all information on this website, but does not accept any liability for errors or out-of-date information.
