Notification of buy-back
Announcement Summary
For personal use only
Name of entity
CLIME INVESTMENT MANAGEMENT LTD
Announcement type
Update announcement
Type of update
Daily buy-back notification
Date of this announcement
23/3/2022
Reason for update
Employee share incentive scheme buy-back
ASX Security code and description of the class of +securities the subject of the buy-back
CIW : ORDINARY FULLY PAID
The type of buy-back is:
Employee share scheme buy-back
Total number of +securities bought back before previous day
0
Total number of +securities bought back on previous day
500,000
Refer to next page for full details of the announcement
Notification of buy-back | 1 / 6 |
Notification of buy-back
Part 1 - Entity and announcement details
For personal use only
1.1 Name of entity
CLIME INVESTMENT MANAGEMENT LTD
We (the entity named above) provide the following information about our buy-back.
1.2 | Registration number type | Registration number |
ABN | 37067185899 | |
1.3 | ASX issuer code | |
CIW |
1.4 The announcement is
Update/amendment to previous announcement
1.4a Type of update
Daily buy-back notification
1.4b Reason for update
Employee share incentive scheme buy-back
1.4c Date of initial notification of buy-back
8/3/2022
1.4d Date of previous announcement to this update
8/3/2022
1.5 Date of this announcement
23/3/2022
1.6 ASX Security code and description of the class of +securities the subject of the buy-back
CIW : ORDINARY FULLY PAID
Notification of buy-back | 2 / 6 |
Notification of buy-back
Part 2 - Type of buy-back
2.1 The type of buy-back is:
Employee share scheme buy-back
For personal use only
Notification of buy-back | 3 / 6 |
Notification of buy-back
Part 3 - Buy-back details | ||||||
Part 3A - Details of +securities, price and reason | ||||||
only | 3A.1 Total number of +securities on issue in the class of | |||||
+securities to be bought back | ||||||
72,647,295 | ||||||
3A.2 Total number of +securities proposed to be bought | ||||||
use | back | |||||
500,000 | ||||||
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? | ||||||
Yes | ||||||
3A.9a.1 In what currency will the buy-back consideration | 3A.9a.2 Buy-back price per +security | |||||
be paid? | ||||||
AUD - Australian Dollar | 0.55800000 | |||||
Part 3B - Buy-back restrictions and conditions | ||||||
personal | ||||||
For | 3B.1 Does the buy-back require security holder | |||||
approval? | ||||||
No | ||||||
3B.3 Are there any other conditions that need to be | ||||||
satisfied before the buy-back offer becomes | ||||||
unconditional? No
Notification of buy-back | 4 / 6 |
Notification of buy-back
Part 3C - Key dates
Employee Share Scheme, Selective and Other Buy-Backs | |||
only | 3C.1 Anticipated date buy-back will occur | ||
22/3/2022 | |||
use | |||
Part 3D - Other Information | |||
3D.1 Any other information the entity wishes to notify to ASX about the buy-back | |||
personalFor | The Shares have been forfeited in accordance with the terms of the Employee Incentive Scheme (EIS). | ||
In accordance with the terms of the EIS, the consideration to be offered for the shares is the balance of each | |||
shareholder's outstanding loan to the Company in respect of those shares. | |||
Notification of buy-back | 5 / 6 |
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Clime Investment Management Ltd. published this content on 23 March 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 23 March 2022 05:43:04 UTC.