RNI : Reinet Investments S.C.A. announces completion of share buyback programme:
Reinet Investments S.C.A.
(Incorporated in Luxembourg)
ISIN: LU0383812293
Code: RNI
LEI: 0307021141926639
COMPANY ANNOUNCEMENT FOR IMMEDIATE RELEASE
REINET INVESTMENTS S.C.A. ANNOUNCES COMPLETION OF SHARE BUYBACK PROGRAMME
Reinet Investments S.C.A. today announces that the share buyback programme announced on 6 September 2019, the fourth programme to date, was completed on 27 November 2019. Since the commencement of the programme on 11 September 2019, a total of 2 954 358 shares have been repurchased for a total consideration of ZAR 820.68 million (EUR 50 million), including transaction costs; EUR 50 million being t
Final transaction update:
Reinet Investments S.C.A. has repurchased 112 067 ordinary shares in the period 25 November 2019 to 27 November 2019. The shares were repurchased on the Johannesburg Stock Exchange at an average price of ZAR 302.92 per share (highest price: ZAR 308.85; lowest price: ZAR 298.62) for a total consideration of some ZAR 33.95 million (EUR 2.1 million), plus transaction costs.
Reinet Investments Manager S.A.
for and on behalf of Reinet Investments S.C.A.
Website: http://www.reinet.com/investor-relations/share-buyback-programme.html
Sponsor
RAND MERCHANT BANK (a division of FirstRand Bank Limited)
29 NOVEMBER 2019
Reinet Investments S.C.A. (the 'Company') is a partnership limited by shares incorporated in the Grand Duchy of Luxembourg and having its registered office at 35, boulevard Prince Henri, L-1724 Luxembourg. It is governed by the Luxembourg law on Securitisation and in this capacity allows its shareholders to participate indirectly in the portfolio of assets held by its wholly-owned subsidiary Reine
Reinet Investments S.C.A.
R.C.S. Luxembourg B 16.576
Legal Entity Identifier : 222100830RQTFVV22S80
Registered office: 35, boulevard Prince Henri, L-1724 Luxembourg, Tel. (+352) 22 42 10 Fax (+352) 22 72 53
Email: info@reinet.com website: www.reinet.com
Date: 29-11-2019 08:00:00
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.
