SASFIN HOLDINGS LIMITED - Intra-Group Share Repurchase of Treasury Shares
Intra-Group Share Repurchase of Treasury Shares
SASFIN HOLDINGS LIMITED
(Incorporated in the Republic of South Africa)
(Registration number 1987/002097/06)
Share Code: SFN ISIN Number: ZAE000006565
("Sasfin" or "the Company")
INTRA-GROUP REPURCHASE OF TREASURY SHARES
In compliance with paragraph 3.99 of the Listings Requirements of the JSE Limited ("JSE"),
shareholders are advised that on 24 October 2024, the Company concluded an intra-group repurchase
with Sasfin Securities Proprietary Limited ("SasSec"), a wholly owned subsidiary of Sasfin Wealth
Proprietary Limited, which in turn is a wholly owned subsidiary of the Company, in terms of which the
Company acquired 177 280 Sasfin ordinary shares ("Repurchased Shares") from SasSec at a
repurchase price of R30.00 per ordinary share and at a total value of R5 318 400 ("Intra-group
Repurchase").
The Repurchased Shares have reverted to the authorised but unissued ordinary share capital of Sasfin
in accordance with section 35(5) of the Companies Act, 71 of 2008, as amended. Application will be
made to the JSE for the delisting of the Repurchased Shares.
Subsequent to the Intra-group Repurchase disclosed above, the Company holds no ordinary shares in
treasury, save for 1 453 651 Shares held by the Sasfin Share Incentive Trust which are consolidated
for financial reporting purposes but which do not constitute treasury shares from a company law
perspective.
Johannesburg
24 October 2024
Sponsor to Sasfin
Questco Corporate Advisory Proprietary Limited
Date: 24-10-2024 01:35:00
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