Prosus (JO:PRXJn) completes share repurchase programme
Prosus has announced the completion of its share repurchase announced in August 2021. The company has repurchased a total of 57,951,367 Prosus ordinary shares N, representing c. 2,795% of the issued ordinary shares N, for a total consideration of "4,21 billion at an average cost per share of "72.7.
CSG Holdings Ltd (JO:CSGJ) repurchases shares
The company repurchased 807,500 shares at an average price of 34.98 cents per share for an aggregate value of R277, 55 million.
Jasco Electronics (JO:JSCJ) announces results of Rights Offer
Jasco has raised R48,3 million in terms of its partially underwritten non-renounceable rights offer announced on January 17, 2021. A total of 138,125,525 shares were issued at a subscription price of 35 cents per offer share. The funds will be used to reduce debt.
Novus declares special dividend
Following the sale of property and fixed assets, the company has announced its decision to pay shareholders a special cash dividend of 40c per share.
Liberty (JO:LBHJ) shareholders to receive special distribution
The Liberty Board has declared a special distribution of R11.10 per Liberty share. The distribution will be paid simultaneously with the Standard Bank (JO:SBKJ) Scheme Consideration.
Anglo American (JO:AMSJ) repurchases shares
The company repurchased a further 792,860 shares at a cost of 26,94 million.
aReit Prop listing update
The company has informed investors that it has received an extension from the CIPC in relation to the offer and has secured the minimum 20% shareholder spread required as a condition to listing on the Main Board of the JSE. Initially the REIT was to list on February 14th but says it is processing applications froom overseas investors and will announce a listing date in due course.
Nvest Financial delists from AltX
The company delisted from AltX on February 8, 2022 following the scheme of arrangement offer of R2.10 per share to minorities in early November, 2021.
This week one company issued a profit warning announcement
The following company issued a profit warning: Telkom (JO:TKGJ) SA SOC.
One company either issued, renewed or withdrew a cautionary this week The following company advised shareholders: Nutritional Holdings.
DealMakers is SA's M&A publication
Follow @DealMakers
...back to DealMakers