ASX Security code and description of the class of +securities the subject of the buy-back
VRS : 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
750,000
Refer to next page for full details of the announcement
Notification of buy-back
1 / 6
Notification of buy-back
Part 1 - Entity and announcement details
For personal use only
1.1 Name of entity
VERIS LIMITED
We (the entity named above) provide the following information about our buy-back.
1.2
Registration number type
Registration number
ABN
80122958178
1.3
ASX issuer code
VRS
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
8/6/2022
1.4d Date of previous announcement to this update
8/6/2022
1.5 Date of this announcement
27/7/2022
1.6 ASX Security code and description of the class of +securities the subject of the buy-back
VRS : ORDINARY FULLY PAID
Notification of buy-back
2 / 6
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
3 / 6
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
523,749,464
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
52,274,946
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?
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
24/6/2022
3C.3 Proposed buy-back end date
personal
8/6/2023
Part 3D - Other Information
3D.1 Any other information the entity wishes to notify to ASX about the buy-back
The Company intends to buy-back ordinary shares during the period disclosed in Part 3C of this notification up to an
amount not exceeding:
(a)
the maximum stated in this notification; and
(b)
the '10/12 limit' (within the meaning of section 257B(5) of the Corporations Act).
The Company reserves the right to suspend or terminate the buy-back at any time.
For
Notification of buy-back
5 / 6
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Veris Limited published this content on 27 July 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 27 July 2022 01:01:02 UTC.
Veris Limited is an Australia-based spatial data services provider. The Company is engaged in the professional service business delivering end to end spatial data solutions to both private and public sector clients that includes data collection, analysis, interpretation as well as data hosting and access, modelling, sharing and insights for clients with large-scale data requirements in the infrastructure; property; energy, mining, and resource; defense; agribusiness; tourism; leisure, and government sectors throughout Australia. Its services include digital and spatial, engineering survey, property survey, and town planning and urban design. The Company's digital and spatial services include terrestrial laser scanning, mobile laser scanning, geographic information systems, and data-as-a-service and artificial intelligence. The Company's engineering survey services include infrastructure, tunnelling and subsurface utilities. Its property survey services include cadastral and consulting.