THE FOSCHINI GROUP LIMITED - Share repurchase during closed period
TFG TFGP 201303280067A
Share repurchase during closed period
THE FOSCHINI GROUP LIMITED
Reg. No.: 1937/009504/06
Code: TFG
ISIN: ZAE000148466
CLOSED PERIOD SHARE REPURCHASE PROGRAMME
In compliance with the JSE Listings requirements,
shareholders are advised that the company has entered into a
repurchase programme to repurchase shares during its closed
period. The closed period will commence on 1 April 2013 and
is anticipated to end on 30 May 2013, when the group’s
results are scheduled for release on SENS.
The maximum aggregate consideration payable is R250 million.
The mandate relating to the repurchase programme is
irrevocable, and any repurchases made pursuant thereto will
be carried out on the JSE within certain predetermined
parameters that have been agreed in writing with the broking
firm.
Any repurchases so effected will be in accordance with the
general authority granted by special resolution of the
company’s shareholders passed at the company’s annual
general meeting held on 3 September 2012 and in compliance
with the relevant provisions of the JSE Listings
Requirements and the Companies Act (71 of 2008), as amended.
-
Cape Town
28 March 2013
SPONSOR
UBS South Africa (Pty) Ltd
Date: 28/03/2013 02:40:00 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 has taken care in preparing all information on this website, but does not accept any liability for errors or out-of-date information.
