Connexion Telematics : Update - Notification of buy-back - CXZ
July 22, 2022 at 04:24 am EDT
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Notification of buy-back
Announcement Summary
For personal use only
Name of entity
CONNEXION TELEMATICS LTD
Announcement type
Update announcement
Type of update
Daily buy-back notification
Date of this announcement
22/7/2022
Reason for update
Daily buy-back notification
ASX Security code and description of the class of +securities the subject of the buy-back
CXZ : ORDINARY FULLY PAID
The type of buy-back is:
On market buy-back
Total number of +securities bought back before previous day
10,000,000
Total number of +securities bought back on previous day
157,412
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
CONNEXION TELEMATICS LTD
We (the entity named above) provide the following information about our buy-back.
1.2
Registration number type
Registration number
ABN
68004240313
1.3
ASX issuer code
CXZ
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
21/6/2022
1.4d Date of previous announcement to this update
30/6/2022
1.5 Date of this announcement
22/7/2022
1.6 ASX Security code and description of the class of +securities the subject of the buy-back
CXZ : 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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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
881,031,780
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:
Openmarkets 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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Part 3C - Key dates
only
On-marketbuy-back
3C.2 Proposed buy-back start date
21/6/2022
3C.3 Proposed buy-back end date
use
20/6/2023
personalFor
P rt 3D - Other Information
3D.1 Any other information the entity wishes to notify to ASX about the buy-back
Shareholder approval is not required as the buyback will be conducted within the 10/12 limit. The reason for the buy-back
is ongoing capital management. The Company intends to buyback shares within 12 months from 21 June 2022 to 20 June
2023 (inclusive). The buyback may cease earlier if the maximum number of shares is bought back prior to the period end
date. The Company reserves the right to suspend or terminate the buyback at any time.
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Connexion Telematics Ltd. published this content on 22 July 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 22 July 2022 08:23:01 UTC.
Connexion Mobility Ltd, formerly Connexion Telematics Ltd, is engaged in providing connected car technology with a fleet and rental platform. Its platform offers a fleet management system for any dealership. It helps to manage dealership vehicles through short-term / long-term rentals, test drives, shuttles, pickup / delivery and concierge service. It offers mobility-toll management through automated toll use tracking, automated toll fee cost recovery, toll hardware (tags) in applicable regions, no software installation required, and itemized invoicing. It also offers solutions, such as shuttle management, contactless agreements, and express check-in and check-out. The platform tracks all damage electronically with photos, videos, and provides text and e-mail alerts, real-time fuel, odometer, location and maintenance information. It also helps to manage service loaners, courtesy vehicles, rentals and test drives.
CONNEXION MOBILITY LTD 
