WESCOAL HOLDINGS LIMITED - Voluntary announcement regarding the proposed repurchase of shares
WSL 201808290023A
Voluntary announcement regarding the proposed repurchase of shares
WESCOAL HOLDINGS LIMITED
Incorporated in the Republic of South Africa
(Registration number 2005/006913/06)
Share code: WSL
ISIN: ZAE000069639
(“Wescoal” or the “Company”)
VOLUNTARY ANNOUNCEMENT REGARDING THE PROPOSED REPURCHASE OF SHARES
Wescoal shareholders are advised that the board of directors of Wescoal (the “Board”) has resolved to
repurchase a maximum of R20 million worth of its own shares in terms of the general approval granted by
shareholders of the Company at the annual general meeting held on 14 November 2017 (the "Share
Repurchase").
The Share Repurchase is subject to the Board having applied the solvency and liquidity test as required in
terms of sections 46(1)(b) and 46(1)(c) of the Companies Act, No 71 of 2008.
29 August 2018
Investment bank, corporate advisor and sponsor
Nedbank Corporate and Investment Banking
Investor Relations
Singular Systems IR
Date: 29/08/2018 09:45:00 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 has taken care in preparing all information on this website, but does not accept any liability for errors or out-of-date information.
