AI assistant

Sign in to chat with this filing

The assistant answers questions, extracts KPIs, and summarises risk factors directly from the filing text.

Sign up Log in

PRL GLOBAL LTD Capital/Financing Update 2024

Sep 18, 2024

65611_rns_2024-09-18_3cbf3d00-b350-4102-97d6-3b837e626f86.pdf

Capital/Financing Update

Open in viewer

Opens in your device viewer

PRL Global Limited • ASX: PRG

The Manager Company Announcements Platform Australian Securities Exchange Level 4, 20 Bridge Street SYDNEY NSW 2000

ON-MARKET BUYBACK COMMENCEMENT

Highlights

Confirming Commencement of On-Market Share Buyback following initial announcement and filing of Appendix 3C on 5 September 2024
Buyback follows 155 million Malaysian Ringit (~A$51 million) sale of CheekahKemayan Plantations Sdn Bhd (CKP)

PRL Global Ltd ACN 006 788 754 (“PRG”) (ASX Code: PRG) is pleased to announce the commencement of an on-market share buy-back of up to $5 million worth of ordinary shares which will remain open for a period of up to 12 months.

The Buyback will be undertaken in accordance with the terms specified in the Appendix 3C dated 5 September 2024 and ASX Listing Rule 7.33, with shares to prospectively be purchased on-market subject to prevailing share price and market conditions at a price which is not more than 5% above the volume weighted average market price for securities in that class (calculated over the last 5 days on which sales in the shares were recorded before the day on which the purchase under the buyback was made).

For further information on PRG, please visit www.prlgroup.com.au, or please contact:

Contacts

David Somerville Elizabeth Lee Chairman Company Secretary PRL Global Limited PRL Global Limited T +61 8 6250 4900 E [email protected],au