- Release Date: 16/02/16 16:09
- Summary: BUYBACK: JWI: JWI Announces Share Buyback Programme
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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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