Touch Ventures : Update - Notification of buy-back - TVL
June 14, 2022 at 07:23 pm EDT
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Notification of buy-back
Announcement Summary
For personal use only
Name of entity
TOUCH VENTURES LIMITED
Announcement type
Update announcement
Type of update
Daily buy-back notification
Date of this announcement
15/6/2022
Reason for update
Daily buy-back notification
ASX Security code and description of the class of +securities the subject of the buy-back
TVL : 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
892,136
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
TOUCH VENTURES LIMITED
We (the entity named above) provide the following information about our buy-back.
1.2
Registration number type
Registration number
ABN
96612559958
1.3
ASX issuer code
TVL
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
20/5/2022
1.4d Date of previous announcement to this update
20/5/2022
1.5 Date of this announcement
15/6/2022
1.6 ASX Security code and description of the class of +securities the subject of the buy-back
TVL : ORDINARY FULLY PAID
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
713,369,868
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
46,336,986
3A.6 Name of broker or brokers who will offer to buy back +securities on the entity's behalf
Broker name:
To be confirmed.
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
2/6/2023
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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Disclaimer
Touch Ventures Ltd. published this content on 14 June 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 14 June 2022 23:22:00 UTC.
Touch Ventures Limited (Touch Ventures) is an Australia-based investment holding company. Touch Ventures provides growth capital to high-growth, scalable businesses. Its investment objectives are to deliver long-term absolute returns to shareholders primarily from the capital appreciation of its portfolio; provide shareholders with portfolio exposure to growth-stage companies with a view of growing the value of these investments over a 3 -5 year period; provide potential additional opportunities for returns to shareholders through investments in early-stage companies (up to 5% in aggregate total of its overall portfolio), and provide shareholders with the ability to invest in a structure that is more readily accessible and potentially liquid than may be typical for an unlisted investment holding company. It invests across a range of sectors and industries, including retail innovation, e-commerce enablement, finance/fintech, consumer, business-to-business (B2B) software and data.