4Sight Holdings Limited (JSE:4SI) announces a share repurchase program. Under the program, the company will repurchase up to 125,521,898 shares, for ZAR 16 million. The shares will be repurchased at a price of 12.75 cents per share.

The company will repurchase shares from the purchasers of Morné Swanepoel. The shares repurchased will be cancelled. The repurchase will be funded through cash resources available to the Company.

The share repurchase program is subject to approval of shareholders at a General Meeting to be held on November 17, 2022.