06 Sep - 4 min read

DRA Global Limited - Update - Notification of on-market buy-back

DRA Global Limited - Update - 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
                                                                                                            6 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

                                                                                                          
Notification of buy-back

Announcement Summary

     Name of entity
     DRA GLOBAL LIMITED

     Announcement type
     Update announcement

     Type of update
     Notification of change in details of buy-back

     Date of this announcement
     6/9/2021

     Reason for update
     Notify market of appointment of broker to conduct on-market buy-back.


     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


     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
          Notification of change in details of buy-back

     1.4b Reason for update
          Notify market of appointment of broker to conduct on-market buy-back.

     1.4c Date of initial notification of buy-back
          19/8/2021

     1.4d Date of previous announcement to this update
          19/8/2021

     1.5 Date of this announcement
         6/9/2021

     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.



Date: 06-09-2021 07:10:00
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