ASX Security code and description of the class of +securities the subject of the buy-back
PGL : ORDINARY FULLY PAID
The type of buy-back is:
On market buy-back
Total number of +securities bought back before previous day
661,106
Total number of +securities bought back on previous day
29,770
Refer to next page for full details of the announcement
Notification of buy-back
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Notification of buy-back
Part 1 - Entity and announcement details
For personal use only
1.1 Name of entity
PROSPA GROUP LIMITED.
We (the entity named above) provide the following information about our buy-back.
1.2
Registration number type
Registration number
ACN
625648722
1.3
ASX issuer code
PGL
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
16/2/2022
1.4d Date of previous announcement to this update
30/6/2022
1.5 Date of this announcement
1/7/2022
1.6 ASX Security code and description of the class of +securities the subject of the buy-back
PGL : 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
Notification of buy-back
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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
164,622,571
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
16,000,000
3A.6 Name of broker or brokers who will offer to buy back +securities on the entity's behalf
Broker name:
Shaw and Partners 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?
For
AUD - Australian Dollar
Part 3B - Buy-back restrictions and conditions
3B.1 Does the buy-back require security holder approval?
Notification of buy-back
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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
4/3/2022
3C.3 Proposed buy-back end date
16/2/2023
personalFor
Part 3D - Other Information
3D.1 Any other information the entity wishes to notify to ASX about the buy-back
See ASX Announcement dated 16 February 2022.
Notification of buy-back
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Prospa Group Ltd. published this content on 30 June 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 30 June 2022 22:42:04 UTC.
Prospa Group Ltd is an Australia-based financial technology company. The Company is a provider of cash flow products and services. The Companyâs operations consist primarily of the provision of loans to small businesses in Australia and New Zealand. It facilitates referrals and customer acquisitions from a network of distribution partners, including finance brokers, aggregator networks, online affiliates, accountants and other advisers. The purpose-built credit decision engine (CDE) enables approvals and adoption of dynamic risk-based pricing, where interest rates associated with a facility are based on credit risk assessments for individual customers. Its CDE allows the business to quickly evaluate opportunities and potential risks across the portfolio. Its product suite includes a Small Business Loan and a Line of Credit. The Company has launched Prospa Plus Business Loans, offering higher credit quality for small to medium enterprises (SME).