Omnia Holdings Limited, a leading South African company, announced a significant share acquisition. The transaction aims to meet obligations under the Omnia 2020 Share Plan.
Details of the Transaction
On July 3, 2024, Omnia acquired 1,998,563 ordinary shares off-market. The total value of the shares is R126,059,361.23, with an average price of R63.075 per share.
Transaction Summary
| Date of Transaction | Class of Securities | Number of Securities | Total Value of Securities | Average Price per Security |
|---|---|---|---|---|
| July 3, 2024 | Ordinary Shares | 1,998,563 | R126,059,361.23 | R63.075 |
The highest traded price on the transaction date was R70.19. The lowest traded price was R67.88.
Conclusion
Omnia Holdings Limited’s share acquisition for the Omnia 2020 Share Plan underscores its commitment to rewarding performance and retaining talent. This move is expected to have positive long-term impacts on the company’s growth and shareholder value.
