Seprod – Purchase of Shares

Seprod Limited has advised that the Company is proposing to purchase a portion of its own shares. Details are as follows:

i)                    Purpose of Purchase:                             The stock is attractively priced and the  company wants  to take advantage of this.

 

ii)                   Maximum number of shares             Ten Million (10,000,00)

To be purchased                                     

 

iii)                 Effective date of purchase                   November 7, 2012

 

iv)                 Price                                                              $15 per share

 

v)                  Source of Funding                                   Internal

 

vi)                 Method of effecting the purchase  Open Market