G8 Education : Update - Notification of buy-back - GEM
May 30, 2022 at 01:49 pm
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Notification of buy-back
Announcement Summary
For personal use only
Name of entity
G8 EDUCATION LIMITED
Announcement type
Update announcement
Type of update
Daily buy-back notification
Date of this announcement
30/5/2022
Reason for update
Daily buy-back notification
ASX Security code and description of the class of +securities the subject of the buy-back
GEM : ORDINARY FULLY PAID
The type of buy-back is:
On market buy-back
Total number of +securities bought back before previous day
5,328,642
Total number of +securities bought back on previous day
135,400
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
G8 EDUCATION LIMITED
We (the entity named above) provide the following information about our buy-back.
1.2
Registration number type
Registration number
ABN
95123828553
1.3
ASX issuer code
GEM
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
22/2/2022
1.4d Date of previous announcement to this update
27/5/2022
1.5 Date of this announcement
30/5/2022
1.6 ASX Security code and description of the class of +securities the subject of the buy-back
GEM : 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
847,390,315
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
84,739,031
3A.6 Name of broker or brokers who will offer to buy back +securities on the entity's behalf
Broker name:
UBS Investment Bank
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
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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
14/3/2022
3C.3 Proposed buy-back end date
20/2/2023
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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G8 Education Limited published this content on 29 May 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 30 May 2022 12:48:09 UTC.
G8 Education Limited is an Australia-based company, which is engaged in operating childcare centers. The Company provides early learning education and care services. Its principal activities include the operation of early education centers owned by the Company and its subsidiaries, and ownership of franchised childcare centers. The Company operates through the management of childcare centers. The Company's portfolio consists of approximately 430 centers under 21 brands in Australia. Its centers provide a total combined licensed capacity of approximately 37,225 places. The Company offers brands include The Learning Sanctuary, buggles, Creative Garden, Great Beginnings, Leor, NutureOne, Penguin Childcare, and World of Learning. Its subsidiaries include Grasshoppers Early Learning Centres Pty Ltd, Togalog Pty Ltd, Bourne Learning Pty Ltd, Ramsay Bourne Licences Pty Ltd, World of Learning Licences Pty Ltd, Shemlex Investment Unit Trust, Kindy Kids Long Day Care and Preschool Trust.