Lighthouse Properties has disposed of 98,051,120 Hammerson plc shares for an aggregate cash consideration of R616,1 million.

Quilter has repurchased a total of 15,798,423 shares in terms of its Odd-lot Offer, 291,711 ordinary shares on its UK share register and 15,506,712 shares held by South African shareholders, for an aggregate £13,9 million (R317,2 million). The shares represent c. 1.13% of the existing issue share capital of the company.

Orion Minerals is to issue 25 million shares at R0.20 per share to Clover Alloys. Clover exercised the options which were offered as part of Orion’s placement undertaken earlier this year.

Prosus and Naspers continued with their open-ended share repurchase programmes. During the period 20 – 24 November 2023, a further 3,450,828 Prosus shares were repurchased for an aggregate €104,72 million and a further 325,415 Naspers shares for a total consideration of R1,11 billion.

Following the announcement in October of its share buy-back programme, AB InBev has repurchased a further 1,630,438 shares at an average price of €57.13 per share for an aggregate€93,15 million. The shares were repurchased in the period 20 to 24 November 2023.

Glencore intends to complete its programme to repurchase the company’s ordinary shares on the open market for an aggregate value of US$1,2 billion by February 2024. This week the company repurchased a further 9,650,000 shares for a total consideration of £43,1 million.

Six companies issued profit warnings this week: Efora Energy, Nampak, PBT Group, Purple Group, Transaction Capital and Huge Group.

Six companies issued, renewed or withdrew a cautionary notice: Sun International, Ellies, Ascendis Health, enX, Afristrat Investment, Hosken Consolidated Investments.

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