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DRA GLOBAL LIMITED - DRA Global Limited - Notification of On-Market Buy-Back

Release Date: 19/08/2021 07:05
Code(s): DRA     PDF:  
Wrap Text
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
                                                                                                        19 August 2021

NOTIFICATION OF ON-MARKET BUY-BACK
DRA Global Limited (ASX / JSE: DRA) (DRA or the Company) releases the ‘Notification of buy-back – DRA’
(ASX Appendix 3C) 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


Notification of buy-back

Announcement Summary




     Name of entity
     DRA GLOBAL LIMITED

     Announcement type
     New announcement


     Date of this announcement
     19/8/2021



     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



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
         New announcement

     1.5 Date of this announcement
         19/8/2021

     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:


          To Be Confirmed


     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.


Date: 19-08-2021 07:05:00
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