Ava Risk : Update - Notification of buy-back - AVA
December 07, 2021 at 10:12 pm
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Notification of buy-back
Announcement Summary
For personal use only
Name of entity
AVA RISK GROUP LIMITED
Announcement type
Update announcement
Type of update
Daily buy-back notification
Date of this announcement
8/12/2021
Reason for update
Daily buy-back notification
ASX Security code and description of the class of +securities the subject of the buy-back
AVA : ORDINARY FULLY PAID
The type of buy-back is:
On market buy-back
Total number of +securities bought back before previous day
2,600,000
Total number of +securities bought back on previous day
150,000
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
AVA RISK GROUP LIMITED
We (the entity named above) provide the following information about our buy-back.
1.2
Registration number type
Registration number
ACN
064089318
1.3
ASX issuer code
AVA
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
31/8/2021
1.4d Date of previous announcement to this update
30/11/2021
1.5 Date of this announcement
8/12/2021
1.6 ASX Security code and description of the class of +securities the subject of the buy-back
AVA : 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
Notification of buy-back
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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
242,677,667
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
23,556,272
3A.6 Name of broker or brokers who will offer to buy back +securities on the entity's behalf
Broker name:
Canaccord Genuity (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?
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
15/9/2021
3C.3 Proposed buy-back end date
14/9/2022
personalFor
Part 3D - Other Information
3D.1 Any other information the entity wishes to notify to ASX about the buy-back
Notification of buy-back
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Disclaimer
Ava Risk Group Ltd. published this content on 07 December 2021 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 07 December 2021 22:11:15 UTC.
Ava Risk Group Ltd is an Australia-based company, which provides technologies and services to protect critical and high value assets and infrastructure. The Company is engaged in the provision of security technology products for perimeter intrusion detection solutions. The Company operate through three segments: Detect, Access, and Illuminate. Detect segment manufactures and markets smart fiber optic sensing systems for security and condition monitoring for a range of applications including perimeters, pipelines, conveyors, power cables and data networks. Access segment specializes in the development, manufacture and supply of high security biometric readers, security access control and electronic locking products. Illuminate segment specializes in the development and manufacture of illuminators, automatic number plate recognition (ANPR) cameras and perimeter detectors. Its subsidiaries include FFT MENA Pty Ltd, Future Fibre Technologies (US) Inc., and MaxSec Group Pty Ltd.