Notification of buy-back
Announcement Summary
For personal use only
Name of entity
LION SELECTION GROUP LIMITED.
Announcement type
Update announcement
Type of update
Daily buy-back notification
Date of this announcement 13/4/2022
Reason for update
Daily buy-back notification
ASX Security code and description of the class of +securities the subject of the buy-back
LSX : ORDINARY FULLY PAID
The type of buy-back is:
On market buy-back
Total number of +securities bought back before previous day 0
Total number of +securities bought back on previous day 63,154
Refer to next page for full details of the announcement
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Notification of buy-backPart 1 - Entity and announcement details
1.1 Name of entity
For personal use only
LION SELECTION GROUP LIMITED.
We (the entity named above) provide the following information about our buy-back.
1.2 Registration number type ABN
1.3 ASX issuer code LSX
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
Registration number 26077729572
1.4c Date of initial notification of buy-back 15/3/2022
1.4d Date of previous announcement to this update 29/3/2022
1.5 Date of this announcement 13/4/2022
1.6 ASX Security code and description of the class of +securities the subject of the buy-back LSX : 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
For personal use 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
150,141,271
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
bought back
15,014,127
3A.6 Name of broker or brokers who will offer to buy back +securities on the entity's behalf
Broker name:
Taylor Collison
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?
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
For personal use only
Part 3C - Key dates
On-market buy-back
3C.2 Proposed buy-back start date 30/3/2022
3C.3 Proposed buy-back end date
14/3/2023
Part 3D - Other Information
3D.1 Any other information the entity wishes to notify to ASX about the buy-back
The Company is undertaking the on-market buy-back as prudent capital management and plans to make purchases under the buy-back when the discount to NTA is approximately greater than 10%.
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Lion Selection Group Limited published this content on 12 April 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 12 April 2022 23:44:04 UTC.