BRIEF-Indequity Group Announces Offer To Shareholders To Repurchase Their Shares

  • Reuters
  • Stock Market News
BRIEF-Indequity Group Announces Offer To Shareholders To Repurchase Their Shares
Credit: © Reuters.

Aug 24 (Reuters) - Indequity Group Ltd IDQJ.J :

* OFFER TO SHAREHOLDERS TO REPURCHASE THEIR SHARES AND PROPOSED SUBSEQUENT DELISTING OF INDEQUITY FROM JSE

* PROPOSED VOLUNTARY REPURCHASE OF ALL OF ISSUED A CLASS PREFERENCE SHARES (OTHER THAN CERTAIN EXCLUDED A CLASS PREFERENCE SHARES)

* PROPOSED VOLUNTARY REPURCHASE OF ALL OF ISSUED B CLASS PREFERENCE SHARES (OTHER THAN CERTAIN EXCLUDED B CLASS PREFERENCE SHARES)

* TO ACQUIRE ORDINARY SHARES OF R0.001 EACH FOR A CASH CONSIDERATION OF R8.00 PER ORDINARY SHARE

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