Just Life begins 2.5 million share buyback

Just Life has followed through on its plan to offer a buyback of up to 2.5 million shares.

The offer, priced at $0.30 per share, is now open for acceptance by all shareholders, except directors and their associated persons.

This buyback offer was contingent on shareholders approving resolutions to delist the company from the NZX Main Board and list on the Unlisted Securities Exchange, which they did at a special meeting on May 13.

Shareholders who wish to accept the offer must ensure their acceptance form is received before the closing date of May 27.