Connexion Telematics : Update - Notification of buy-back - CXZ

About this update from Connexion Mobility Ltd

Notification of buy-back Announcement Summary For personal use only Name of entity CONNEXION TELEMATICS LTD Announcement type Update announcement Type of update Daily buy-back notification Date of this announcement 28/7/2022 Reason for update Daily buy-back notification ASX Security code and description of the class of +securities the subject of the buy-back CXZ : ORDINARY FULLY PAID The type of buy-back is: On market buy-back Total number of +securities bought back before previous day 12,638,562 Total number of +securities bought back on previous day 311 Refer to next page for full details of the announcement Notification of buy-back 1 / 6 Notification of buy-back Part 1 - Entity and announcement details For personal use only 1.1 Name of entity CONNEXION TELEMATICS LTD We (the entity named above) provide the following information about our buy-back. 1.2 Registration number type Registration number ABN 68004240313 1.3 ASX issuer code CXZ 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 21/6/2022 1.4d Date of previous announcement to this update 27/7/2022 1.5 Date of this announcement 28/7/2022 1.6 ASX Security code and description of the class of +securities the subject of the buy-back CXZ : ORDINARY FULLY PAID Notification of buy-back 2 / 6 Notification of buy-back Part 2 - Type of buy-back 2.1 The type of buy-back is: On market buy-back For personal use only Notification of buy-back 3 / 6 Notification of buy-back Part 3 - Buy-back details only 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 881,031,780 use 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 personal 3A.6 Name of broker or brokers who will offer to buy back +securities on the entity's behalf Broker name: Openmarkets Australia Limited 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 For Part 3B - Buy-back restrictions and conditions 3B.1 Does the buy-back require security holder approval? No Notification of buy-back 4 / 6 Notification of buy-back Part 3C - Key dates only On-marketbuy-back 3C.2 Proposed buy-back start date 21/6/2022 3C.3 Proposed buy-back end date use 20/6/2023 personalFor P rt 3D - Other Information 3D.1 Any other information the entity wishes to notify to ASX about the buy-back Shareholder approval is not required as the buyback will be conducted within the 10/12 limit. The reason for the buy-back is ongoing capital management. The Company intends to buyback shares within 12 months from 21 June 2022 to 20 June 2023 (inclusive). The buyback may cease earlier if the maximum number of shares is bought back prior to the period end date. The Company reserves the right to suspend or terminate the buyback at any time. Notification of buy-back 5 / 6 This is an excerpt of the original content. To continue reading it, access the original document here .

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