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FINBOND:  59   +3 (+5.36%)  17/01/2025 19:14

FINBOND GROUP LIMITED - Intra-group Share Repurchase

Release Date: 17/01/2025 17:30
Code(s): FGL     PDF:  
Wrap Text
Intra-group Share Repurchase

Finbond Group Limited
(Incorporated in the Republic of South Africa)
(Registration number: 2001/015761/06)
Share code: FGL ISIN: ZAE00013895
Main Board – General Segment
("Finbond" or "the Company" or "the Group")

INTRA-GROUP SHARE REPURCHASE

In compliance with paragraph 3.99 of the Listings Requirements of the JSE Limited ("JSE"),
shareholders are advised that on 17 January 2025, the Company concluded an intra-group repurchase
with Finbond Private Equity (Pty) Ltd ("FPE"), a wholly owned subsidiary of the Company, in terms of
which the Company acquired 27 000 000 ordinary shares ("Repurchased Shares") from FPE at a
repurchase price of R0.56 per ordinary share ("Intra-Group Repurchase").

The Repurchased Shares have reverted to the authorised but unissued ordinary share capital of
Finbond 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 balance of ordinary shares held in
treasury by the Company is 59 118 708.

Pretoria
17 January 2025

Sponsor:
African Bank Limited (Business and Commercial Banking Division)

Date: 17-01-2025 05:30:00
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