KIO - Kumba Iron Ore Limited - Closed period share repurchase programme
KIO
KIO
KIO - Kumba Iron Ore Limited - Closed period share repurchase programme
Kumba Iron Ore Limited
A member of the Anglo American plc group
(Incorporated in the Republic of South Africa)
(Registration number 2005/015852/06)
JSE Share code: KIO
ISIN: ZAE000085346
("Kumba" or "the Company")
CLOSED PERIOD SHARE REPURCHASE PROGRAMME
In compliance with the Listings Requirements of the JSE Limited ("JSE"),
shareholders are advised that Kumba has entered into a repurchase programme
to repurchase ordinary shares which will continue into its closed period.
This closed period commences on 31 December 2010 and ends on or about 10
February 2011 when the Company`s annual results are scheduled to be released
on SENS.
In terms of the repurchase programme the broker has been mandated to
repurchase 230,000 ordinary shares in the share capital of the Company at
prices not exceeding a premium of 10% to the volume weighted average trading
price of the Company`s ordinary shares over the five trading days preceding
any particular repurchase from time to time. Any repurchases will be effected
within the limits of the programme, as per the special resolution approved by
shareholders at the annual general meeting held on 31 March 2010 and the JSE
Listings Requirements.
Centurion
30 December 2010
Enquiries contact:
Mr VF Malie
Company Secretary
Kumba Iron Ore Limited
Tel: (012) 683 7060
Sponsor
RAND MERCHANT BANK (A division of FirstRand Bank Limited)
Date: 30/12/2010 17:00:01 Produced by the JSE SENS Department.
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