To view the PDF file, sign up for a MySharenet subscription.

LONG4LIFE LIMITED - Share repurchase programme

Release Date: 07/12/2020 11:56
Code(s): L4L     PDF:  
Wrap Text
Share repurchase programme

(Incorporated in the Republic of South Africa)
(Registration number: 2016/216015/06)
Share code: L4L ISIN: ZAE000243119
(“Long4Life” or “the Company”)


Long4Life hereby announces the commencement of a share buyback programme (“the Programme”)
in terms of the general authority granted to the Company by its shareholders at the Annual General
Meeting held on Wednesday, 1 July 2020.
The Company intends to purchase up to a maximum of 36 million Long4Life shares under the
Programme which will be executed on the Johannesburg Stock Exchange (“JSE”) by an intermediary,
Investec Securities (Pty) Ltd (please request your broker to contact Ryan Wibberley on or on +27 21 416 1432).
The Programme commences today Monday, 7 December 2020 and will end at the close of the markets
on Monday, 14 December 2020, or sooner if the maximum number of shares to be repurchased under
the Programme has been met.
The maximum purchase price in terms of the Programme will be R3.16 per Long4Life share.
The Programme will be executed within certain pre-determined limits with specific reference to the
limits of the authority granted by the Company’s shareholders, including the current limitation that
the repurchase price must be at a price no more than 10% (ten percent) above the volume weighted
average traded price on the JSE for the 5 (five) business days preceding the repurchase.
Members of the board of directors of Long4life have individually declared their intention not to sell
any Long4Life shares they may hold during the duration of the Programme.
Long4Life Limited Registered office: 7th floor Rosebank Towers | 13-15 Biermann Ave | Rosebank
Email: Johannesburg

7 December 2020


The Standard Bank of South Africa Limited

Date: 07-12-2020 11:56:00
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.

Share This Story