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DRA GLOBAL LIMITED - Section 708A Notice - Sale of DRA Global Limited Securities without Disclosure

Release Date: 21/12/2022 11:10
Code(s): DRA     PDF:  
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Section 708A Notice - Sale of DRA Global Limited Securities without Disclosure

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 Exchange Services Proprietary Limited


                                                   ASX / JSE ANNOUNCEMENT
                                                                                                          21 December 2022




SECTION 708A NOTICE – SALE OF DRA GLOBAL LIMITED SECURITIES WITHOUT DISCLOSURE

DRA Global Limited (ASX / JSE: DRA) (“DRA” or “the Company”) completed the sale of 4,648,606 shares in the Company (“Sale Shares”) 
to Apex Partners on 21 December 2022 (see DRA’s market announcement of 15 December 2022 for further details).

DRA advises that the Corporations Act 2001 (Cth) as modified by ASIC Corporations (Sale Offers By Controllers) Instrument 2016/81) 
(“Act”) restricts the on-sale of securities which are sold by a ‘Controller’ without disclosure, unless the sale is exempt under 
section 708 or section 708A of the Act.

To the extent this restriction applies to the Sale Shares, by the Company giving this notice, any on-sale of the Sale Shares noted 
above will fall within the exemption in section 708A(6) of the Act.

The Company gives notice pursuant to section 708A(5)(e) and 6 of the Act that:

•    the Company has sold 4,648,606 ordinary shares in the Company without disclosure to investors under Part 6D.2 of the Act;

•    as at the date of this notice, the Company has complied with the provisions of Chapter 2M and section 674 of the Act as they 
     apply to the Company; and

•    as at the date of this notice, there is no information that is ‘excluded information’ within the meaning of section 708A(7) of 
     the Act, being information:

     –    that has been excluded from a continuous disclosure notice in accordance with the ASX listing rules; and

     –    that investors and their professional advisers would reasonably require for the purpose of making an
          informed assessment of:

          /     the assets and liabilities, financial position and performance, profits and losses and prospects of
                the body; or
          /     the rights and liabilities attaching to the Sale Shares.

- ENDS -

This announcement was approved for release by James Smith, Chief Executive Officer of DRA Global Limited.


For further information, please contact:

Investor enquiries:
Ben Secrett
Group Company Secretary – DRA Global Limited
Ph: +61 8 6163 5900
shareholders@draglobal.com


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


draglobal.com                                                                                                             
 

About DRA Global Limited

DRA Global Limited (ASX: DRA | JSE: DRA) (DRA or the Company) is a multi-disciplinary consulting, engineering, project delivery 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, maintenance and optimisation
solutions across a wide range of commodities.
DRA has expertise in mining, minerals and metals processing and related non-process infrastructure including sustainability, water and
energy solutions for the mining industry. DRA delivers advisory, engineering and project delivery services throughout the capital project
lifecycle from concept through 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 16 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


draglobal.com                                                                                                                 

Date: 21-12-2022 11:10:00
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