NAOS Ex 50 Opportunities : Update - Notification of buy-back - NAC
June 14, 2022 at 04:13 am IST
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Notification of buy-back
Announcement Summary
For personal use only
Name of entity
NAOS EX-50 OPPORTUNITIES COMPANY LIMITED
Announcement type
Update announcement
Type of update
Daily buy-back notification
Date of this announcement
14/6/2022
Reason for update
Daily buy-back notification
ASX Security code and description of the class of +securities the subject of the buy-back
NAC : ORDINARY FULLY PAID
The type of buy-back is:
On market buy-back
Total number of +securities bought back before previous day
95,668
Total number of +securities bought back on previous day
18,832
Refer to next page for full details of the announcement
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Notification of buy-back
Part 1 - Entity and announcement details
For personal use only
1.1 Name of entity
NAOS EX-50 OPPORTUNITIES COMPANY LIMITED
We (the entity named above) provide the following information about our buy-back.
1.2
Registration number type
Registration number
ABN
49169448837
1.3
ASX issuer code
NAC
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
20/5/2022
1.4d Date of previous announcement to this update
10/6/2022
1.5 Date of this announcement
14/6/2022
1.6 ASX Security code and description of the class of +securities the subject of the buy-back
NAC : 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
45,301,714
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
4,530,171
3A.6 Name of broker or brokers who will offer to buy back +securities on the entity's behalf
Broker name:
Taylor Collison Limited ABN 008 172 450
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
6/6/2022
3C.3 Proposed buy-back end date
5/6/2023
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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Disclaimer
NAOS Ex-50 Opportunities Company Ltd. published this content on 13 June 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 13 June 2022 22:42:06 UTC.
NAOS Ex-50 Opportunities Company Limited is an Australia-based investment company. The Company invests primarily in a concentrated portfolio of listed equities with the objective of providing investors with a long-term concentrated exposure to Australian emerging companies (excluding resource companies). The Company seeks to protect investor capital whilst providing a sustainable growing stream of dividends, franked to the maximum extent possible, and long-term investment performance above the benchmark index, being the S&P/ASX 300 Industrials Accumulation Index (XKIAI). Its investment portfolio includes sectors, such as industrials, information technology, financials, real estate, travel and leisure, and others. The Companyâs investment manager is Naos Asset Management Limited.