MC Mining has secured further capital support from Kinetic Development Group (KDG). KDG will subscribe for 76,591,672 new shares in the company for an aggregate subscription amount of US$16 million to be subscribed for in two equal tranches at an issue price of $0.2089 per share. The new funding will, in part, be applied towards the business operations and working capital requirements including the continued development and commissioning of the Makhado project.

Brait successfully raised R2,5 billion via a renounceable rights offer to qualifying shareholders. As the offer was fully subscribed (taking into account the excess applications received), the underwriters were not required to subscribe to shares in terms of their commitments.

Novus has acquired an additional 3,495,226 Mustek shares at an average R15.25 per share on the open market (outside of the Mandatory Offer) for c.R53,25 million. The company now holds 29,87 million Mustek shares constituting 51.91% of the issued shares in Mustek. Together with concert parties this shareholding increases to c.72.20%.

Jubilee Metals will issue 150,5 million new ordinary shares at 2.5 pence per share to settle the £3,8 million (c.R82 million) owed on the acquisition by the company of the Large Waste Project in Zambia. The shares represent 4.5% of the enlarged issued share capital of the company.

This week the following companies announced the repurchase of shares:

Reinet Investments has commenced its proposed 7th share buyback programme. The company intends to purchase its ordinary shares at market value for an aggregate maximum amount of €250 million subject to a maximum of 8 million ordinary shares over a period commencing 18 August 2026 and ending on 15 December 2026 at the latest. The shares will not be cancelled.

Investec Ltd announced in November 2025 that it would commence the repurchase and cancellation of some of the non-redeemable, non-cumulative, non-participating preference shares. This week the company announced that over the period 19 March to 5 August 2026, a further 401,798 preference shares were repurchased at an average price per preference share of R96.28 for an aggregate R38,69 million.

In March 2026, Quilter commenced a £100 million share buyback programme, to reduce the share capital of the company and return capital to shareholders. The maximum aggregate purchase price payable by the company under Tranche 2 is up to C.£30 million. During the period 3 to 7 August 2026, Quilter repurchased 75,000 shares on the LSE with an aggregate value of £148,424 and 15,000 shares on the JSE with an aggregate value of R654,860.

In June 2026, Greencoat Renewables announced its intention to commence a second tranche of the repurchase programme to return a further €25 million of capital to shareholders. The second tranche repurchase will be complete by end-December 2026. This week 533,458 shares were repurchased for an aggregate €415,602.

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 345,000 shares at an average price per share of £3.32 for an aggregate £1,23 million.

British American Tobacco has again extended its share buyback to end on 12 October 2026. All shares repurchased will be cancelled. Over the period 3 to 7 August 2026, the company repurchased a further 710,000 shares at an average price of £44.30 per share for an aggregate £31,45 million.

Ninety One plc announced an increase in the repurchase programme from £30 million to £55 million. The shares, to be purchased on the open market, will be cancelled to reduce the Company’s ordinary share capital. On 3 August 2026, the company repurchased a further 102,335 ordinary shares at an average price 214 pence for an aggregate £219,506.

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. Over the two days of 6 and 7 August 2026, the group repurchased 196,030 shares for €14,45 million.

During the period 3 to 7 August 2026, Prosus repurchased a further 1,790,596 Prosus shares for an aggregate €74,52 million and Naspers, a further 641,547 Naspers shares for a total consideration of R577,02 million.

Eight companies issued profit warnings this week: Spur, Aveng, MTN, Italtile, Grindrod, Cilo Cybin, Sebata and Truworths International.

Two companies renewed cautionary notices: Trustco and Mantengu.

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