MST - Mustek Limited - Programme relating to the general repurchase of
MST
MST
MST - Mustek Limited - Programme relating to the general repurchase of
securities during a closed period
MUSTEK LIMITED
(Incorporated in the Republic of South Africa)
(Registration number 1987/070161/06)
Share Code: MST
ISIN Code: ZAE000012373
("Mustek" or "the Company")
PROGRAMME RELATING TO THE GENERAL REPURCHASE OF SECURITIES DURING A CLOSED
PERIOD
At the annual general meeting held on 22 December 2011, the shareholders passed
the special resolution relating to the general authority to repurchase shares.
Shareholders are hereby advised that the Company has resolved to repurchase
ordinary shares / the Taiwan Depository Receipts ("TDR`s") during its closed
period, subject to favourable market conditions. This period commences on 1 July
2012 and terminates on or about 31 August 2012 when the Company is scheduled to
publish its year-end results. In terms of the general authority, any general
repurchase shall not in the aggregate in any one financial year exceed 20% of
the Company`s ordinary issued share capital.
In determining the price at which the ordinary shares / TDR`s will be acquired
by the Company in terms of this general authority, the maximum premium at which
such ordinary shares / TDR`s may be acquired will be no more than 10% above the
weighted average of the market value at which such TDR`s or ordinary shares are
traded on the JSE, as determined over the five trading days immediately
preceding the date of repurchase of such ordinary shares / TDR`s by the Company.
Midrand
28 June 2012
Sponsor
Deloitte & Touche Sponsor Services (Pty) Ltd
Date: 28/06/2012 11:00:01 Produced by the JSE SENS Department.
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