SENS Note - 30 August 2013 2

 

Infrasors Holdings Limited

(Incorporated in the Republic of South Africa)

(Registration number 2007/002405/06)

Share code: IRA ISIN: ZAE 000101507

(“Infrasors” or “the Company”)

 

CLOSED PERIOD SHARE REPURCHASE PROGRAMME

 

Infrasors announces that an agreement has been entered into in relation to the purchase of its shares by a subsidiary company during its closed period, which commences on 1 September 2013 and ends on 28 October 2013 when the company's results are expected to be published.

 

The maximum number of shares to be repurchased during this period is 6.5 million for an aggregate consideration of R4.225 million.

 

The mandate in the agreement is for an irrevocable, non-discretionary programme to purchase the Company's shares. Any purchases will be effected within certain pre-set parameters within the limits of the programme, the Listings Requirements of the JSE Limited, the Companies Act and the special resolution passed by Infrasors shareholders at the Annual General Meeting held on 21 October 2012.

Johannesburg

 

30 August 2013

Sponsor: Sasfin Capital

A division of Sasfin Bank Limited