Brikor shareholders receive circular for R 19.75 million scheme at R 0.17 per share

Reuters2026/09/07 13:30

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Brikor distributed a circular for a proposed scheme of arrangement, setting up a shareholder vote on Oct. 9.
Scheme terms set cash consideration at ZAR 0.17 per share, valuing the maximum payout at ZAR 19.75 million.
Payment would be funded from stated capital via a distribution that reduces contributed tax capital; Brikor would cover 0.25% STT.
Timetable targets last day to trade on Nov. 17, settlement on Nov. 23, termination of the JSE listing on Nov. 24.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Brikor Ltd. published the original content used to generate this news brief via SENS, the regulatory disclosure system operated by the Johannesburg Securities Exchange (JSE) (Ref. ID: S602812), on September 07, 2026, and is solely responsible for the information contained therein.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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Brikor shareholders receive circular for R 19.75 million scheme at R 0.17 per share

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