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Reinet Investments S.C.A. announces completion of share buyback programme

Published: 2022-05-25 08:30:37 ET
<<<  go to JSE:RNI company page
Reinet Investments S.C.A.
(Incorporated in Luxembourg)
ISIN: LU0383812293
Code: RNI
LEI: 222100830RQTFVV22S80


COMPANY ANNOUNCEMENT FOR IMMEDIATE RELEASE


REINET INVESTMENTS S.C.A. ANNOUNCES COMPLETION OF SHARE BUYBACK PROGRAMME

Reinet Investments S.C.A. today announces that the share buyback programme announced on
24 March 2022, the fifth programme to date, was completed on 23 May 2022. Since the commencement of
the programme on 28 March 2022, a total of 2 500 000 shares have been repurchased for a total
consideration of ZAR 810.2 million (EUR 49.2 million), plus transaction costs; 2 500 000 being the aggregate
maximum number of shares approved for the programme. The shares repurchased will be held as treasury
shares.

Final transaction update:
Reinet Investments S.C.A. has repurchased 3 000 ordinary shares on 23 May 2022. The shares were
repurchased on the Johannesburg Stock Exchange at an average price of ZAR 318.56 per share (highest
price: ZAR 320.18 per share; lowest price: ZAR 318.02 per share) for a total consideration of some
ZAR 0.96 million (EUR 0.06 million), plus transaction costs.

Reinet Investments Manager S.A.
for and on behalf of Reinet Investments S.C.A.

Sponsor
RAND MERCHANT BANK (a division of FirstRand Bank Limited)


25 MAY 2022

Website: http://www.reinet.com/investor-relations/share-buyback-programme.html




Reinet Investments S.C.A. (the ‘Company’) is a partnership limited by shares incorporated in the Grand Duchy of Luxembourg
and having its registered office at 35, boulevard Prince Henri, L-1724 Luxembourg. It is governed by the Luxembourg law on
securitisation and in this capacity allows its shareholders to participate indirectly in the portfolio of assets held by its wholly-
owned subsidiary Reinet Fund S.C.A., F.I.S., a specialised investment fund also incorporated in Luxembourg. The Company’s
ordinary shares are listed on the Luxembourg Stock Exchange, Euronext Amsterdam and the Johannesburg Stock Exchange;
the listing on the Johannesburg Stock Exchange is a secondary listing. The Company’s ordinary shares are included in the
‘LuxX’ index of the principal shares traded on the Luxembourg Stock Exchange.


Reinet Investments S.C.A.
R.C.S. Luxembourg B 16 576
Legal Entity Identifier : 222100830RQTFVV22S80
Registered office: 35, boulevard Prince Henri, L-1724 Luxembourg, Tel. (+352) 22 42 10, Fax (+352) 22 72 53
Email: info@reinet.com, website: www.reinet.com