Reinet Investments S.C.A. share buyback programme - update 30 July 2019
Reinet Investments S.C.A.
(Incorporated in Luxembourg)
COMPANY ANNOUNCEMENT FOR IMMEDIATE RELEASE
REINET INVESTMENTS S.C.A. SHARE BUYBACK PROGRAMME - UPDATE 30 JULY 2019
Reinet Investments S.C.A. has repurchased 266 255 ordinary shares in the period 22 to 26 July 2019. The shares were repurchased on the Johannesburg Stock Exchange at an average price of ZAR 247.50 per share (highest price: ZAR 254.44; lowest price: ZAR 240.00) for a total consideration of some ZAR 65.90 million (EUR 4.2 million), plus transaction costs. These repurchases were made as part of the share buyback programme announced on 14 June 2019.
The total number of shares repurchased under this programme to date is 1 217 257 ordinary shares for a total consideration of some ZAR 286.22 million (EUR 18.0 million), plus transaction costs.
Reinet Investments Manager S.A.
for and on behalf of Reinet Investments S.C.A.
RAND MERCHANT BANK (a division of FirstRand Bank Limited)
30 JULY 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 Reinet Fund S.C.A., F.I.S. a specialised investment fund also incorporated in Luxembourg. The Company's ordinary shares are listed on the Luxembourg Stock Exchange, Euronext Amsterdam and the Johannesburg Stock Exchange, the listing on the Johannesburg Stock Exchange is a secondary listing. The Company's ordinary shares are included in the 'LuxX' index of the principal shares traded on the Luxembourg Stock Exchange.
Reinet Investments S.C.A.
R.C.S. Luxembourg B 16.576
Registered office: 35, boulevard Prince Henri, L-1724 Luxembourg, Tel. (+352) 22 42 10 Fax (+352) 22 72 53
Email: firstname.lastname@example.org website: www.reinet.com
Date: 30/07/2019 07:30:00
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.
Email this JSE Sens Item to a Friend.