Clicks Group has cancelled and de-listed 170 450 ordinary shares.
Giving reasons for the cancellation, Clicks Group said these shares were held under the employee share incentive trust scheme administered by the New Clicks Holdings Share Trust.
The As there are no participants left to whom the company is obligated to deliver any shares the company has repurchased and cancelled the 170 450 shares. The price at which these shares have been repurchased is R116.60, being a 2.80% discount to the volume weighted average price as traded for five business days immediately preceding the date the repurchase transaction was effected.
The shares cancelled represented 0.07% of the issued share capital of the company immediately prior to such cancellation. Following the cancellation, the issued share capital of the company comprises of 245 967 313 ordinary shares.
Corporate information
Clicks Group is a retail-led healthcare group which has been listed on the JSE Limited since 1996. Through market-leading retail brands Clicks, GNC, The Body Shop, Claire’s and Musica, the group has over 689 stores across southern Africa. Clicks Group is a leader in the healthcare market where Clicks has the largest retail pharmacy chain with over 400 in-store pharmacies, while UPD is South Africa’s leading full-range national pharmaceutical wholesaler.
