STENPROP LIMITED - CANCELLATION OF S373515 Share repurchase programme
STP 201606300093A
CANCELLATION OF S373515 Share repurchase programme
STENPROP LIMITED
(Incorporated in Bermuda)
(Registration number 47031)
BSX share code: STP.BH JSE share code: STP
ISIN: BMG8465Y1093
(“Stenprop” or “the company”)
SHARE REPURCHASE PROGRAMME
Shareholders are advised that the company has entered into a share repurchase programme in terms of which the company may
repurchase up to 57,336,376, of its ordinary shares, being 20% of the company’s issued share capital, pursuant to and in
accordance with the authority granted by shareholders at the company’s annual general meeting held on 9 September 2015.
The repurchase programme commenced on Monday, 27 June 2016 and will extend to 14 September 2016, which period will
include a prohibited period in respect of the publication of the company's quarterly results for the first quarter of the company’s
financial year ending 31 March 2017, which are expected to be released on or about 15 September 2016.
In terms of the share repurchase programme, shares will be repurchased at a price not greater than 10% above the volume
weighted average trading price of Stenprop shares over the 5 business days immediately preceding any particular repurchase.
The share repurchase programme may be discontinued at any time and the company has no obligation to repurchase any amount of
shares under the programme.
Stenprop has a dual primary listing on the Bermuda Stock Exchange and the Main Board of the JSE
30 June 2016
JSE sponsor
Java Capital
Bermuda Stock Exchange sponsor
Estera Securities (Bermuda) Limited
Date: 30/06/2016 04:44:59 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 has taken care in preparing all information on this website, but does not accept any liability for errors or out-of-date information.
