Weekly corporate finance activity by SA exchange-listed companies

print

Weekly corporate finance activity by SA exchange-listed companies

Published Date: 2019-12-13 | Source: DealMakers | Author: Marylou Greig

Weekly corporate finance activity by SA exchange-listed companies

Sabvest repurchases N shares
The company has, under its general repurchase authority, directly purchased 200,000 N shares through the market for a total value of R6,62 million. The shares were repurchased at price in the range of R32.00 and R35.00.


Caxton and CTP Publishers and Printers to repurchases shares
The company has announced it is to commence a repurchase programme of up to 20% of its issued ordinary share capital. The programme will close on September 18, 2020.


Silverbridge repurchases shares
The company has repurchased 147,788 shares on the JSE for an aggregate value of R125,296.


Results of Stor-Age Property REIT scrip distribution alternative
The company has issued 4,813,818 new shares in terms of its scrip distribution alternative retaining R67,4 million in the company. The shares were issued at a re-investment price of R14 per share.


Ecsponent issues additional preference shares
Ecsponent has, under its R5 billion preference share programme, issued additional preference shares valued at R30,5 million.


Results of Castleview Property Fund scrip distribution alternative
The company has issued 1,188,521 new shares in terms of its scrip distribution alternative retaining R6 million in the company. The shares were issued at a re-investment price of R5.07 per share.


Anglo American repurchases shares
Anglo has repurchased 81,55 shares at a cost of £1,66 million (R31,92 million). The repurchase is part of the company's buyback programme announced on July 25, 2019.


South32 repurchases shares
The company this week repurchased 6,923,126 shares valued at A$18,02 million (R180,2 million).


Glencore repurchases shares
This week the company repurchased a further 8,700,000 shares at a cost of £19,36 million (R371,66 million) in terms of its buy-back programme.


Three companies issued profit warning announcements
The following companies issued profit warnings this week: Comair, Ellies and Taste.


10 companies either issued, renewed or withdrew cautionaries
The following companies advised shareholders: Niveus Investments, Middle East Diamond Resources, Delta Property Fund, Rebosis Property Fund, Choppies Enterprises, Conduit Capital, Trustco, AEP Energy Africa, Peregrine and Advanced Health.


DealMakers is SA's M&A publication.
www.dealmakerssouthafrica.com



...back to DealMakers




Similar Stories