ReturnHauler Share Buy-Back

ReturnHauler Share Buy-Back


 

With two years having passed since a syndicate comprising the IDC (The Industrial Development Corporation of South Africa Limited) and three associated venture capital entities took a 30% shareholding in ReturnHauler, ReturnHauler has taken a decision to exercise the option it had to buy back the 30% shareholding.

This decision was taken by ReturnHauler in February 2016.

By 2016 ReturnHauler had formulated a sales strategy that no longer required outside capital.

ReturnHauler will always be grateful to the IDC syndicate shareholders for offering to make capital available for ReturnHauler development in 2014 / 2015, and more importantly for the confidence shown in the ReturnHauler product.

 

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