CLS - Clicks Group - Close Period Share Repurchase Programme
Clicks Group Limited
(Formerly New Clicks Holdings Limited)
(Incorporated in the Republic of South Africa)
(Registration number 1996/000645/06)
JSE share code: CLS
ISIN: ZAE000134854
("Clicks Group" or "the Company"))
CLOSE PERIOD SHARE REPURCHASE PROGRAMME
The Company announces that an agreement has been entered into in relation to the
purchase of its shares by a subsidiary company during its closed period. The
closed period will commence on 28 February 2010 and is anticipated to end on 22
April 2010, when the Company's results are scheduled to be published.
The aggregate consideration payable for the shares to be repurchased is R79 800
000.
The mandate in the agreement is for an irrevocable, non-discretionary programme
to purchase the Company's shares. Any purchase will be effected within certain
pre-set parameters within the limits of the programme and the Listing
Requirements of the JSE Limited.
Cape Town
26 February 2010
Sponsor
Investec Bank Limited
Date: 26/02/2010 11:11:27 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.
|