Zicom : Update - Notification of buy-back - ZGL

About this update from Zicom Group Limited

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 10/3/2022 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 1,842,986 Total number of +securities bought back on previous day 100,000 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 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 7/11/2021 1.5 Date of this announcement 10/3/2022 1.6 ASX Security code and description of the class of +securities the subject of the buy-back ZGL : 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 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? Notification of buy-back 4 / 6 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. 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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