Genworth Mortgage Insurance Australia : Update - Notification of buy-back - GMA
June 13, 2022 at 07:23 pm EDT
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Notification of buy-back
Announcement Summary
For personal use only
Name of entity
GENWORTH MORTGAGE INSURANCE AUSTRALIA 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
GMA : ORDINARY FULLY PAID
The type of buy-back is:
On market buy-back
Total number of +securities bought back before previous day
30,142,325
Total number of +securities bought back on previous day
723,314
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
GENWORTH MORTGAGE INSURANCE AUSTRALIA LIMITED
We (the entity named above) provide the following information about our buy-back.
1.2
Registration number type
Registration number
ACN
154890730
1.3
ASX issuer code
GMA
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
23/11/2021
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
GMA : ORDINARY FULLY PAID
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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
412,514,184
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
No
personal
3A.6 Name of broker or brokers who will offer to buy back +securities on the entity's behalf
Broker name:
UBS 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?
AUD - Australian Dollar
For
Part 3B - Buy-back restrictions and conditions
3B.1 Does the buy-back require security holder approval?
No
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Notification of buy-back
Part 3C - Key dates
only
On-marketbuy-back
3C.2 Proposed buy-back start date
8/12/2021
3C.3 Proposed buy-back end date
use
30/6/2022
personalFor
P rt 3D - Other Information
3D.1 Any other information the entity wishes to notify to ASX about the buy-back
Company intends to buy back that number of shares having an aggregate value of up to $100,000,000. Company will not
buy back more than 10% of its ordinary shares without shareholder approval. Company reserves the right to vary,
suspend or terminate the buy-back at any time, or extend the buy-back period (subject to any regulatory or other
approvals required).
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Disclaimer
Genworth Mortgage Insurance Australia Limited 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 23:22:04 UTC.
Helia Group Limited is an Australia-based company that provides lenders mortgage insurance (LMI) in Australia. The Companyâs LMI protects lenders if a borrower defaults on a home loan and there is a shortfall in the sale proceeds from the secured property. LMI provides protection to a lender to help the borrower purchase a property with a smaller deposit. It protects the lender against the risk of potential losses, in case they are unable to make home loan repayments, and the lender is unable to recover the outstanding loan amount from the sale of the security property. Home buyers have a range of options for paying the LMI cost to their lender, either paying the fee upfront, capitalizing the amount into their loan, or paying a monthly LMI fee. It provides tools, estimators, and resources to estimate, compare and consider options for a home ownership.
HELIA GROUP LIMITED 
