SENS - 1 September 2014

 

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

Shareholders are hereby advised that Infrasors has, via its subsidiary company, granted a mandate for the repurchase of its ordinary shares during its closed period. This period commences on 1 September 2014 and terminates on or about 29 October 2014 when the company is scheduled to publish its Interim results.

The mandate has been entered into with a single agent who has full discretion in executing the Repurchase Programme. The intention is to repurchase a maximum of 5.0 million Infrasors shares for an aggregate consideration not exceeding R5.9 million. Any repurchase of shares may not be executed at a price higher than 10% above the weighted average trading price for Infrasors ordinary shares for the five business days immediately preceding the date on which any such repurchase is affected.

 
Johannesburg
1 September 2014
Sponsor: Bridge Capital Advisors (Pty) Limited