GrainCorp : Update - Notification of buy-back - GNC
July 04, 2022 at 07:23 pm EDT
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Notification of buy-back
Announcement Summary
For personal use only
Name of entity
GRAINCORP LIMITED
Announcement type
Update announcement
Type of update
Daily buy-back notification
Date of this announcement
5/7/2022
Reason for update
Daily buy-back notification
ASX Security code and description of the class of +securities the subject of the buy-back
GNC : ORDINARY FULLY PAID CLASS A
The type of buy-back is:
On market buy-back
Total number of +securities bought back before previous day
5,006,229
Total number of +securities bought back on previous day
198,749
Refer to next page for full details of the announcement
Notification of buy-back
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Notification of buy-back
Part 1 - Entity and announcement details
For personal use only
1.1 Name of entity
GRAINCORP LIMITED
We (the entity named above) provide the following information about our buy-back.
1.2
Registration number type
Registration number
ABN
60057186035
1.3
ASX issuer code
GNC
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
2/6/2022
1.4d Date of previous announcement to this update
4/7/2022
1.5 Date of this announcement
5/7/2022
1.6 ASX Security code and description of the class of +securities the subject of the buy-back
GNC : ORDINARY FULLY PAID CLASS A
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
228,855,628
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
22,885,562
3A.6 Name of broker or brokers who will offer to buy back +securities on the entity's behalf
Broker name:
Macquarie Securities (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?
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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
3/6/2022
3C.3 Proposed buy-back end date
10/11/2022
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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Graincorp Limited published this content on 04 July 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 04 July 2022 23:22:05 UTC.
GrainCorp Limited is an Australia-based diversified agribusiness company. The Company operates through two segments: Agribusiness and Processing. The Agribusiness segment provides a grains and oil supply chain business with diversified international grains and oils. Its Agribusiness segment also provides commodities and products, including wheat, coarse grains (such as barley, sorghum and corn), oilseeds, pulses, organics, animal fats, used cooking oils and vegetable oils for animal feed purposes. The Processing segment is engaged in a vertically integrated edible oils crushing, processing, manufacturing and distribution business with a footprint across both Australia and New Zealand. The Company sells and delivers grains annually to more than 50 countries through its trading desks and offices in Australia, Canada, China, India, New Zealand, Singapore, the United Kingdom and Ukraine. Its subsidiaries include Auscol Pty Ltd, CropConnect Pty Ltd, Champion Liquid Feeds Pty Ltd and others.