Rule 3.8A
Appendix 3C
Announcement of buy-back (except minimum holding buy-back)
Information and documents given to ASX become ASX's property and may be made public.
Introduced 1/9/99. Origin: Appendix 7B. Amended 13/3/2000, 30/9/2001, 11/01/10
Name of entity
Crown Resorts Limited (Crown)We (the entity) give ASX the following information.
Information about buy-back
1 Type of buy-back
On-marketABN/ARSN39 125 709 953
2 +Class of shares/units which is the subject of the buy-back (eg, ordinary/preference)
Ordinary shares
3 Voting rights (eg, one for one)
One for one
4 Fully paid/partly paid (and if partly paid, details of how much has been paid and how much is outstanding)
Fully paid
5 Number of shares/units in the +class on issue
687,421,194
6 Whether shareholder/unitholder approval is required for buy-back
No
7 Reason for buy-back
Ongoing capital management
8
Any other information material to a shareholder's/unitholder's decision whether to accept the offer (eg, details of any proposed takeover bid)
On-market buy-back
9 Name of broker who will act on the company's behalf
10 Deleted 30/9/2001.
11 If the company/trust intends to buy back a maximum number of shares - that number
Note: This requires a figure to be included, not
a percentage.
NilGoldman Sachs Australia Pty Ltd (ABN 21 006 797 897)
Crown intends to buy back approximately $400 million worth of ordinary shares on issue (which, based on the closing price of Crown ordinary shares on 8 August 2018, equates to approximately 30 million ordinary shares or approximately 4.4% of ordinary shares on issue)
12 If the company/trust intends to buy back shares/units within a period of time - that period of time; if the company/trust intends that the buy-back be of unlimited duration - that intention
30 August 2018 to 29 August 2019
13 If the company/trust intends to buy back shares/units if conditions are met - those conditions
Not applicable
Employee share scheme buy-back
14 | Number of shares proposed to be | Not applicable |
bought back | ||
15 | Price to be offered for shares | Not applicable |
Selective buy-back
16 Name of person or description of class of person whose shares are proposed to be bought back
Not applicable
17 Number of shares proposed to be bought back
Not applicable
18 Price to be offered for shares
Not applicable
Equal access scheme
19 Percentage of shares proposed to be bought back
Not applicable
20 Total number of shares proposed to be bought back if all offers are accepted
Not applicable
21 Price to be offered for shares
Not applicable
22 +Record date for participation in offer
Not applicable
Cross reference: Appendix 7A, clause 9.
Compliance statement
1.
The company is in compliance with all Corporations Act requirements relevant to this buy-back.
or, for trusts only:
1. The trust is in compliance with all requirements of the Corporations Act as modified by Class Order 07/422, and of the trust's constitution, relevant to this buy-back.
2. There is no information that the listing rules require to be disclosed that has not already been disclosed, or is not contained in, or attached to, this form.
Sign here:
............................................................ (Company secretary)
Date: 9 August 2018
Print name:Mary Manos
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Disclaimer
Crown Resorts Limited published this content on 09 August 2018 and is solely responsible for the information contained herein. Distributed by Public, unedited and unaltered, on 09 August 2018 00:09:03 UTC