Tradehold Limited (JSE:TDH) announces a share repurchase program. Under the program, the company will repurchase up to 76,061 shares, representing 0.03% of its issued share capital for ZAR 0.86 million. The shares will be repurchased from odd-lot shareholders, who hold lots of between 1 and 99 ordinary shares. The shares will be purchased at a price equal to volume weighted average traded price of company's ordinary shares on the JSE for the ten trading days up to two trading days prior to the General Meeting, plus a 5% premium. The purpose of repurchase program is to reduce the ongoing administration costs associated with having a large number of shareholders who collectively hold a small percentage of ordinary shares. The offer will be funded from the company’s existing capital resources. The company has fixed March 15, 2019 as the record date for the program. The repurchase program is subject to approval from shareholders in a General Meeting to be held on February 19, 2019. The repurchase program is valid till March 15, 2019. As of January 22, 2019, the company has 253,220,966 shares in issue.