Supermarket Income REIT has raised gross proceeds of £100 million via the placement of 120,481,928 shares at an issue price of 83 pence per share. The new shares represent c.10% of the existing issue share capital of the company. The equity raise will part fund a pipeline of nine grocery assets for £215 million which includes this week’s announced £118 million acquisition of a portfolio of three UK supermarkets.

Brait will proceed with the Rights Offer to raise gross proceeds of R2,5 billion through the subscription of 1,655,629,139 shares at a price of R1,51 per share – representing a 25% discount. The shares will constitute c.30% of the company’s post-Rights Offer ordinary share capital. The offer is fully committed and underwritten.

ASP Isotopes has agreed to exchange certain Quantum Leap Energy (a subsidiary of ASP) convertible notes for ordinary shares. ASPI will exchange 23,2 million ASPI shares, representing 17.8% of ASPI’s shares for an aggregate principal amount of US$109,2 million of outstanding QLE Notes.

Novus has acquired an additional 131,346 Mustek shares at an average R15.00 per share on the open market (outside of the Mandatory Offer) for R1,97 million. The company now holds 29,16 million Mustek shares constituting 50.67% of the issued shares in Mustek. Together with concert parties this shareholding increases to c.70.96%.

Labat Africa has transferred 900,000,000 ordinary shares in the company in respect of its R27 million acquisition of a further 24.45% stake in Classic International. The shares were issued at R0.03 per share.

Following the results of the scrip dividend election, Afine Investments will issue 1,145,369 new ordinary shares in the company in lieu of an interim dividend, resulting in a capitalisation of the distributable retained profits in the company of R5,02 million. The shares were based on a reinvestment price of R4.38 per share.

Master Drilling has received the required exchange control approval from the SARB to pay shareholders a special dividend of R0.40 per share from income reserves. Payment date is set for 17 August 2026.

Old Mutual is set to apply to migrate its foreign listing on the Zimbabwe Stock Exchange to that of the Victoria Falls Stock Exchange. The VFEX is a US dollar-denominated exchange which will result in lower currency risk than that of the ZSE.

This week the following companies announced the repurchase of shares:

Hudaco Industries has repurchased 1,499,892 shares at R189 per share for an aggregate R283,5 million. The repurchase was funded from available cash resources and represents 4.86% of the company’s share capital at the time the authority was granted.

Reinet Investments intends to purchase its ordinary shares at market value for an aggregate maximum amount of €500 million subject to a maximum of 16.5 million ordinary shares over a period up to the 2027 Annual General Meeting of the Company. The implementation will be through several successive and separate programmes and shares will not be cancelled. The Rupert family has declared its intention not to sell any shares during the duration of this Programme. This week Reinet acquired 409,935 shares on the JSE for an aggregate R182 million.

To reduce the share capital of the company and return capital to shareholders, Quilter commenced, in March 2026, a £100 million share buyback programme. Repurchases to date total £40 million of which £32 million were conducted on the LSE and £8 million were conducted on the JSE. The maximum aggregate purchase price payable by the Company under Tranche 2 is up to C.£30 million. During the period 6 to 10 July 2026, Quilter repurchased 66,000 shares on the LSE with an aggregate value of £133,274 and 116,278 shares on the JSE with an aggregate value of R5,20 million.

In June, Greencoat Renewables announced its intention to commence a second tranche of the repurchase programme which will return a further €25m of capital to shareholders, following the completion of the first tranche which is expected during July. The second tranche repurchase will be complete by end-December 2026. This week 1,010,339 shares were repurchased for an aggregate €767,809.

Bytes Technology announced in May 2026 its intention to implement a new share repurchase programme to purchase the company’s shares for an aggregate value of up to £25,0 million. This week the company repurchased 275,000 shares at an average price per share of £3.99 for an aggregate £1,09 million.

In December 2025, British American Tobacco extended its share buyback programme by a further £1.3 billion for 2026. All shares repurchased will be cancelled. Over the period 6 to 10 July 2026, the company repurchased a further 565,783 shares at an average price of £45.83 per share for an aggregate £25,72 million.

Ninety One plc announced an increase in the repurchase programme from £30 million to £55 million to be completed by 21 July 2026. The shares, to be purchased on the open market, will be cancelled to reduce the Company’s ordinary share capital. This week the company repurchased a further 786,136 ordinary shares at an average price 217 pence for an aggregate £1,7 million.

Anheuser-Busch InBev’s US$6 billion share buy-back programme continues. The shares acquired will be kept as treasury shares to fulfil future share delivery commitments under the group’s stock ownership plans. During the period 6 to 10 July 2026, the group repurchased 536,830 shares for €37,62 million.

During the period 6 to 10 July 2026, Prosus repurchased a further 2,527,143 Prosus shares for an aggregate €99,97 million and Naspers, a further 1,121,078 Naspers shares for a total consideration of R965,41 million.

Six companies issued or withdrew a cautionary notice: Mantengu, Tongaat Hulett, Raubex, Numeral, Newpark REIT and ArcelorMittal South Africa.

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