23 Sep - 5 min read

DRA Global Limited - Notification of on market buy-back

DRA Global Limited - Notification of on market buy-back

DRA Global Limited
(Incorporated in Australia under the Corporations Act 2001 (Cth))
ACN 622 581 935
ASX / JSE Share Code: DRA
ISIN: AU0000155814
("DRA" or "the Company")
JSE Sponsor: Pallidus Capital Proprietary Limited
                                                                           
                                                                           JSE ANNOUNCEMENT
                                                                                                                  23 September 2021




UPDATE - NOTIFICATION OF ON-MARKET BUY-BACK
DRA Global Limited (ASX / JSE: DRA) (DRA or the Company) releases the ‘Update – Notification of buy-back
– DRA’ notice released to the Australian Securities Exchange today.


- ENDS -


For further information, please contact:

Investor queries:                                                    Media enquiries:
Haydn von Maltitz                                                    John Gardner
Head of Corporate Affairs – DRA Global                               Citadel-MAGNUS
Ph: +61 8 6163 5939                                                  M: +61 413 355 997
shareholders@draglobal.com                                           jgardner@citadelmagnus.com




About DRA Global Limited
DRA Global Limited (ASX: DRA | JSE: DRA) (DRA or the Company) is a multi-disciplinary engineering, project management and
operations management group predominantly focused on the mining and minerals resources sector. DRA has an extensive global track
record, spanning more than three decades and more than 7,500 studies and projects as well as operations and maintenance solutions
across a wide range of commodities.
DRA has expertise in mining, minerals and metals processing and related non-process infrastructure including ESG, water and energy
solutions for the mining industry. DRA delivers advisory, engineering and project delivery services throughout the capital project lifecycle
from concept though to operational readiness and commissioning as well as ongoing operations, maintenance and shutdown services.
DRA, headquartered in Perth, Australia, services its global customer base through 20 offices across Asia-Pacific, North and South
America, Europe, Middle East and Africa.

Physical Level 8, 256 Adelaide Terrace / Perth WA 6000 / Australia // Postal PO Box 3130 / East Perth WA 6892 / Australia
Telephone +61 (0)8 6163 5900 // info@draglobal.com // ACN 622 581 935 // ASX: DRA / JSE:DRA


Announcement Summary


     Name of entity
     DRA GLOBAL LIMITED

     Announcement type
     Update announcement

     Type of update
     Daily buy-back notification

     Date of this announcement
     23/9/2021

     Reason for update
     Daily buy-back notification

     ASX Security code and description of the class of +securities the subject of the buy-back
     DRA : ORDINARY FULLY PAID

     The type of buy-back is:
     On market buy-back

     Total number of +securities bought back before previous day
     19,195

     Total number of +securities bought back on previous day
     1,500


     Refer to next page for full details of the announcement


Part 1 - Entity and announcement details


     1.1 Name of entity
         DRA GLOBAL LIMITED

     We (the entity named above) provide the following information about our buy-back.

     1.2 Registration number type                                 Registration number
         ABN                                                      72622581935

     1.3 ASX issuer code
         DRA

     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
          19/8/2021

     1.4d Date of previous announcement to this update
          22/9/2021

     1.5 Date of this announcement
         23/9/2021

     1.6 ASX Security code and description of the class of +securities the subject of the buy-back
         DRA : ORDINARY FULLY PAID


Part 2 - Type of buy-back


     2.1 The type of buy-back is:
         On market buy-back


Part 3 - Buy-back details


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
          54,227,777

     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
          No

     3A.6 Name of broker or brokers who will offer to buy back +securities on the entity's behalf

          Broker name:

          Wilsons Stockbroking and Advisory Limited (ABN 65 057 547 323)

     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?
          No

Part 3C - Key dates

     On-market buy-back

     3C.2 Proposed buy-back start date
          6/9/2021

     3C.3 Proposed buy-back end date
          5/9/2022


Part 3D - Other Information

     3D.1 Any other information the entity wishes to notify to ASX about the buy-back
          There can be no certainty that DRA will repurchase any fully paid ordinary shares under the buy-back.
          DRA reserves the right to change proposed dates as required, and will notify the market of any changes.
          DRA reserves the right to suspend or terminate the buy-back at any time.


Part 4 - Daily buy-back notification


      A daily buy-back notification must be submitted for Employee share scheme, On-market, Equal access share scheme and
      Other buy-backs at least half an hour before the commencement of trading on the +business day after any day on which
      +securities are bought back (per listing rule 3.8A)

      Please verify if the pre-populated values are accurate as they are only indicative based on previous online submissions.
      The pre-populated values may not be accurate if previous online submissions are still in-flight or in case of announcements
      made via a MS Word form.

      Whilst you may over-ride a pre-populated value, once over-ridden it will not be possible to retrieve the previously
      pre-populated value.


      4.1 Date of this notification
          23/9/2021

      4.2 Previous day on which +securities were bought back
          22/9/2021

                                                           Before previous day                        On previous day

      4.3 Total number of +securities bought back, or in   19,195                                     1,500
          relation to which acceptances have been 
          received

      4.4 Total consideration paid or payable for the      AUD 70,675.91000                           AUD 5,208.00000
          +securities

      4.5 Highest price paid                               AUD 3.80000000                             AUD 3.49000000

                                                           Date highest price was paid:
                                                           14/9/2021

      4.6 Lowest price paid                                AUD 3.50000000                             AUD 3.47000000

                                                           Date lowest price was paid:
                                                           21/9/2021

      4.7 Highest price allowed to be paid by entity on the previous day under listing rule 7.33:
          AUD 3.88000000

      4.8 If the entity has disclosed an intention to buy back a maximum number of +securities, the remaining number of
          +securities to be bought back as at the end of the previous day


Date: 23-09-2021 07:10:00
Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE'). 
The JSE does not, whether expressly, tacitly or implicitly, represent, warrant or in any way guarantee the truth, accuracy or completeness of
 the information published on SENS. The JSE, their officers, employees and agents accept no liability for (or in respect of) any direct, 
indirect, incidental or consequential loss or damage of any kind or nature, howsoever arising, from the use of SENS or the use of, or reliance on,
 information disseminated through SENS.

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