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DRA GLOBAL LIMITED - DRA GLOBAL LIMITED - Notification of on market buy-back
2021/09/15 07:10:00Download PDF Stock report
DRA GLOBAL LIMITED - Notification of on market buy-back DRA Global Limited (Incorporated in Australia under the Corporations Act 2001 (Cth)) ACN 622 581 935 ASX / JSE Share Code: DRA ISIN: AU0000155814 ('DRA' or 'the Company') JSE Sponsor: Pallidus Capital Proprietary Limited JSE ANNOUNCEMENT 15 September 2021 UPDATE - NOTIFICATION OF ON-MARKET BUY-BACK DRA Global Limited (ASX / JSE: DRA) (DRA or the Company) releases the ‘Update – Notification of buy-back – DRA’ notice released to the Australian Securities Exchange today. - ENDS - For further information, please contact: Investor queries: Media enquiries: Haydn von Maltitz John Gardner Head of Corporate Affairs – DRA Global Citadel-MAGNUS Ph: +61 8 6163 5939 M: +61 413 355 997 shareholders@draglobal.com jgardner@citadelmagnus.com About DRA Global Limited DRA Global Limited (ASX: DRA | JSE: DRA) (DRA or the Company) is a multi-disciplinary engineering, project management and operations management group predominantly focused on the mining and minerals resources sector. DRA has an extensive global track record, spanning more than three decades and more than 7,500 studies and projects as well as operations and maintenance solutions across a wide range of commodities. DRA has expertise in mining, minerals and metals processing and related non-process infrastructure including ESG, water and energy solutions for the mining industry. DRA delivers advisory, engineering and project delivery services throughout the capital project lifecycle from concept though to operational readiness and commissioning as well as ongoing operations, maintenance and shutdown services. DRA, headquartered in Perth, Australia, services its global customer base through 20 offices across Asia-Pacific, North and South America, Europe, Middle East and Africa. Physical Level 8, 256 Adelaide Terrace / Perth WA 6000 / Australia // Postal PO Box 3130 / East Perth WA 6892 / Australia Telephone +61 (0)8 6163 5900 // info@draglobal.com // ACN 622 581 935 // ASX: DRA / JSE:DRA Announcement Summary Name of entity DRA GLOBAL LIMITED Announcement type Update announcement Type of update Daily buy-back notification Date of this announcement 15/9/2021 Reason for update Daily buy-back notification ASX Security code and description of the class of +securities the subject of the buy-back DRA : ORDINARY FULLY PAID The type of buy-back is: On market buy-back Total number of +securities bought back before previous day 10,495 Total number of +securities bought back on previous day 2,200 Refer to next page for full details of the announcement Part 1 - Entity and announcement details 1.1 Name of entity DRA GLOBAL LIMITED We (the entity named above) provide the following information about our buy-back. 1.2 Registration number type Registration number ABN 72622581935 1.3 ASX issuer code DRA 1.4 The announcement is Update/amendment to previous announcement 1.4a Type of update Daily buy-back notification 1.4b Reason for update Daily buy-back notification 1.4c Date of initial notification of buy-back 19/8/2021 1.4d Date of previous announcement to this update 14/9/2021 1.5 Date of this announcement 15/9/2021 1.6 ASX Security code and description of the class of +securities the subject of the buy-back DRA : ORDINARY FULLY PAID Part 2 - Type of buy-back 2.1 The type of buy-back is: On market buy-back Part 3 - Buy-back details Part 3A - Details of +securities, price and reason 3A.1 Total number of +securities on issue in the class of +securities to be bought back 54,227,777 3A.4 Does the entity intend to buy back a minimum number of +securities No 3A.5 Does the entity intend to buy back a maximum number of securities No 3A.6 Name of broker or brokers who will offer to buy back +securities on the entity's behalf Broker name: Wilsons Stockbroking and Advisory Limited (ABN 65 057 547 323) 3A.9 Are the +securities being bought back for a cash consideration? Yes 3A.9a Is the price to be paid for +securities bought back known? No 3A.9a.1 In what currency will the buy-back consideration be paid? AUD - Australian Dollar Part 3B - Buy-back restrictions and conditions 3B.1 Does the buy-back require security holder approval? No Part 3C - Key dates On-market buy-back 3C.2 Proposed buy-back start date 6/9/2021 3C.3 Proposed buy-back end date 5/9/2022 Part 3D - Other Information 3D.1 Any other information the entity wishes to notify to ASX about the buy-back There can be no certainty that DRA will repurchase any fully paid ordinary shares under the buy-back. DRA reserves the right to change proposed dates as required, and will notify the market of any changes. DRA reserves the right to suspend or terminate the buy-back at any time. Part 4 - Daily buy-back notification A daily buy-back notification must be submitted for Employee share scheme, On-market, Equal access share scheme and Other buy-backs at least half an hour before the commencement of trading on the +business day after any day on which +securities are bought back (per listing rule 3.8A) Please verify if the pre-populated values are accurate as they are only indicative based on previous online submissions. The pre-populated values may not be accurate if previous online submissions are still in-flight or in case of announcements made via a MS Word form. Whilst you may over-ride a pre-populated value, once over-ridden it will not be possible to retrieve the previously pre-populated value. 4.1 Date of this notification 15/9/2021 4.2 Previous day on which +securities were bought back 14/9/2021 Before previous day On previous day 4.3 Total number of +securities bought back, or in 10,495 2,200 relation to which acceptances have been received 4.4 Total consideration paid or payable for the AUD 38,810.27000 AUD 8,120.64000 +securities 4.5 Highest price paid AUD 3.80000000 AUD 3.80000000 Date highest price was paid: 13/9/2021 4.6 Lowest price paid AUD 3.60000000 AUD 3.64000000 Date lowest price was paid: 9/9/2021 4.7 Highest price allowed to be paid by entity on the previous day under listing rule 7.33: AUD 3.88000000 4.8 If the entity has disclosed an intention to buy back a maximum number of +securities, the remaining number of +securities to be bought back as at the end of the previous day Date: 15-09-2021 07:10:00 Produced by the JSE SENS Department. 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