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Ann: BUYBACK: JWI: JWI Announces Share Buyback Programme

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    • Release Date: 16/02/16 16:09
    • Summary: BUYBACK: JWI: JWI Announces Share Buyback Programme
    • Price Sensitive: No
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    					JWI
    16/02/2016 16:09
    BUYBACK
    NOT PRICE SENSITIVE
    REL: 1609 HRS Just Water International Limited
    
    BUYBACK: JWI: JWI Announces Share Buyback Programme
    
    16 February 2016
    
    JUST WATER INTERNATIONAL LIMITED ANNOUNCES SHARE BUYBACK PROGRAMME
    
    In accordance with Listing Rule 7.6.2, Just Water announces its intention to
    operate a share buyback programme to acquire ordinary shares in Just Water in
    accordance with section 65 of the Companies Act 1993 and NZAX Listing Rule
    7.6.1(a).
    Under the share buyback programme, during the period from 22 February 2016
    through to 20 February 2017, Just Water may make one or more offers on NZX's
    order matching market to all shareholders to acquire shares at the prevailing
    market price for the shares at the relevant time of purchase.
    
    Just Water may acquire up to a maximum of 4,486,358 shares in Just Water,
    being not greater than 5% of the total shares on issue. Shares that are
    acquired under the share buyback programme will be cancelled.
    
    The Company is not obliged to make any offer to acquire shares and reserves
    the right to cease the share buyback programme at any time.
    
    Tony Falkenstein
    Chairman
    Just Water International Limited
    End CA:00277727 For:JWI    Type:BUYBACK    Time:2016-02-16 16:09:50
    				
 
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Currently unlisted public company.

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