Notification of buy-back
Announcement Summary
For personal use only
Name of entity
ZICOM GROUP LIMITED
Announcement type
Update announcement
Type of update
Daily buy-back notification
Date of this announcement
7/11/2021
Reason for update
Daily buy-back notification
ASX Security code and description of the class of +securities the subject of the buy-back
ZGL : ORDINARY FULLY PAID
The type of buy-back is:
On market buy-back
Total number of +securities bought back before previous day
1,642,986
Total number of +securities bought back on previous day
200,000
Refer to next page for full details of the announcement
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Notification of buy-back
Part 1 - Entity and announcement details
For personal use only
1.1 Name of entity
ZICOM GROUP LIMITED
We (the entity named above) provide the following information about our buy-back.
1.2 | Registration number type | Registration number |
ABN | 62009816871 | |
1.3 | ASX issuer code | |
ZGL |
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
2/8/2021
1.4d Date of previous announcement to this update
29/10/2021
1.5 Date of this announcement
7/11/2021
1.6 ASX Security code and description of the class of +securities the subject of the buy-back
ZGL : ORDINARY FULLY PAID
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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
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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 | ||
217,140,780 | ||
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 | ||
Yes | ||
3A.5a Maximum number of securities proposed to be | ||
personal | bought back | |
21,714,078 | ||
3A.6 Name of broker or brokers who will offer to buy back +securities on the entity's behalf | ||
Broker name: | ||
Morgans Financial 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? | ||
For | AUD - Australian Dollar | |
Part 3B - Buy-back restrictions and conditions
3B.1 Does the buy-back require security holder approval?
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Notification of buy-back
No
only | |||
Part 3C - Key dates | |||
On-marketbuy-back | |||
3C.2 Proposed buy-back start date | |||
use | 1/9/2021 | ||
3C.3 Proposed buy-back end date | |||
personalFor | 31/8/2022 | ||
Part 3D - Other Information | |||
3D.1 Any other information the entity wishes to notify to ASX about the buy-back | |||
The Board of Directors regards the current market price as not reflective of the intrinsic worth of the Company and | |||
considers that it is in the best interest of the shareholders to put in place an on-marketbuy-back facility (within 10/12 limit ) | |||
as part of Company's capital management. | |||
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