Ai Media Technologies : Update - Notification of buy-back - AIM
January 03, 2022 at 10:09 pm
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Notification of buy-back
Announcement Summary
For personal use only
Name of entity
AI-MEDIA TECHNOLOGIES LIMITED
Announcement type
Update announcement
Type of update
Daily buy-back notification
Date of this announcement
4/1/2022
Reason for update
Daily buy-back notification
ASX Security code and description of the class of +securities the subject of the buy-back
AIM : ORDINARY FULLY PAID
The type of buy-back is:
On market buy-back
Total number of +securities bought back before previous day
682,182
Total number of +securities bought back on previous day
36,156
Refer to next page for full details of the announcement
Notification of buy-back
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Notification of buy-back
Part 1 - Entity and announcement details
For personal use only
1.1 Name of entity
AI-MEDIA TECHNOLOGIES LIMITED
We (the entity named above) provide the following information about our buy-back.
1.2
Registration number type
Registration number
ABN
12122058708
1.3
ASX issuer code
AIM
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
26/10/2021
1.4d Date of previous announcement to this update
31/12/2021
1.5 Date of this announcement
4/1/2022
1.6 ASX Security code and description of the class of +securities the subject of the buy-back
AIM : ORDINARY FULLY PAID
Notification of buy-back
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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
209,500,203
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
2,000,000
3A.6 Name of broker or brokers who will offer to buy back +securities on the entity's behalf
Broker name:
CCZ Corporate Finance Pty Ltd
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
15/11/2021
3C.3 Proposed buy-back end date
15/11/2022
personalFor
Part 3D - Other Information
3D.1 Any other information the entity wishes to notify to ASX about the buy-back
Please refer to the covering ASX Announcement dated today 26 October 2021, regarding the buy-back
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Access Innovation Holdings Ltd. published this content on 03 January 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 03 January 2022 22:08:01 UTC.
Ai-Media Technologies Limited is a provider of live and recorded captioning, transcription and translation solutions. The Company segments include Australia and New Zealand (ANZ); North America, which includes Canada and United States of America, and Rest of the World (ROW), which includes United Kingdom, Singapore and Malaysia. The Companyâs LEXI AI-Powered Captioning Tool Kit includes LEXI Live Automatic Captioning, LEXI Recorded, LEXI Translate, LEXI Local, LEXI Library, and LEXI DR (Disaster Recovery). It provides all the caption display technology to live caption anything from a classroom presentation to a corporate event. Its audio interpretation service allows the audience to hear the content in a different language to the original. The Companyâs iCap Cloud Network enables its users to distribute low latency audio and video to generate captions from any source to any screen. It serves various industries, including media, events, education, government, municipalities and others.