TWK Investments Limited – Results and completion of the Share Reacquisition Programme and the delisting of shares acquired
01-02-2021

Name of Issuer TWK Investments Limited
Country of Incorporation ZA
Registration Number 1997/012251/06
ISIN Number ZAEZ00000034
Share Code ZXTWI

TWK Investments Limited – Results and completion of the Share Reacquisition Programme and the delisting of shares acquired

The Share Reacquistion Programme announced on 1 July 2020 has reference.

Up until 31 August 2020, 689,440 shares were reacquired and delisted as per the ZAPS news announcement on 1 September 2020.

Up until 31 January 2021, another 346,505 shares were reacquired through a mandate to an independent broker. Shareholders are advised that these 346,505 shares are being delisted and as a result the issued ordinary shares will reduce from 34,411,553 to 34,065,048.

The total shares reacquired over the period 6 July 2020 to 31 January 2021 amounted to 1,035,945 shares (2.95% of the issued shares prior the Reacquisition Programme) at a total consideration of R28,485,918.75 excluding trading costs (a weighted average purchase price of R27.50 per share).

The Share Reacquisition Programme has now been completed.

By order of the Board of Directors.

MJ Potgieter
COMPANY SECRETARY

Piet Retief
01 February 2021