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CAXTON AND CTP PUBLISHERS AND PRINTERS LIMITED - Repurchase programme of ordinary shares ("the repurchase programme")

Release Date: 08/12/2020 07:05
Code(s): CAT CATP     PDF:  
Wrap Text
Repurchase programme of ordinary shares ("the repurchase programme")

CAXTON AND CTP PUBLISHERS AND PRINTERS LIMITED
(Incorporated in the Republic of South Africa)
(Registration number 1947/026616/06)
Share code: CAT                      ISIN: ZAE000043345
Preference share code: CATP          ISIN: ZAE000043352
(“the company”)


REPURCHASE PROGRAMME OF ORDINARY SHARES (“the repurchase programme”)


Shareholders are advised that the company has with effect from Tuesday, 8 December 2020
commenced the repurchase programme.

The company may, in accordance with the general authority to repurchase ordinary shares
granted to the board of directors at the annual general meeting of the company held on Monday,
7 December 2020 (“the AGM”), purchase up to 20% of its issued ordinary share capital
(75 572 222 ordinary shares).

The repurchase programme will continue until the close of business on 24 September 2021,
which period will include the closed periods in respect of the publication of the company’s
interim results for the six months ending 31 December 2020 and the publication of the
company’s reviewed results for the year ending 30 June 2021. These results are expected to be
released on or about 19 March 2021 and 24 September 2021.

Shares purchased in terms of the repurchase programme will not be purchased at a price
greater than 10% above the volume weighted average price per ordinary share of the company
over the 5 trading days preceding any particular purchase and will be effected through the order
book operated by the Johannesburg Stock Exchange.

The repurchase programme may be discontinued at any stage during the period concerned and
there is no obligation on the company to purchase any shares during the period.

By order of the board

Johannesburg
8 December 2020

Sponsor
AcaciaCap Advisors Proprietary Limited
(Registration number 2006/033725/07)

Date: 08-12-2020 07:05:00
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