Forager Australian Shares Fund : Update - Notification of buy-back - FOR
June 02, 2022 at 08:02 pm
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Notification of buy-back
Announcement Summary
For personal use only
Name of entity
FORAGER AUSTRALIAN SHARES FUND
Announcement type
Update announcement
Type of update
Daily buy-back notification
Date of this announcement
3/6/2022
Reason for update
Daily buy-back notification
ASX Security code and description of the class of +securities the subject of the buy-back
FOR : ORDINARY UNITS FULLY PAID
The type of buy-back is:
On market buy-back
Total number of +securities bought back before previous day
1,659,007
Total number of +securities bought back on previous day
30,734
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
FORAGER AUSTRALIAN SHARES FUND
We (the entity named above) provide the following information about our buy-back.
1.2
Registration number type
Registration number
ARSN
139641491
1.3
ASX issuer code
FOR
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
24/3/2022
1.4d Date of previous announcement to this update
2/6/2022
1.5 Date of this announcement
3/6/2022
1.6 ASX Security code and description of the class of +securities the subject of the buy-back
FOR : ORDINARY UNITS 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
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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
105,186,040
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
10,518,604
3A.6 Name of broker or brokers who will offer to buy back +securities on the entity's behalf
Broker name:
BTIG Australia Limited ABN 36 128 554 601
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?
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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
24/3/2022
3C.3 Proposed buy-back end date
personalFor
23/3/2023
Part 3D - Other Information
3D.1 Any other information the entity wishes to notify to ASX about the buy-back
Pursuant to ASIC Corporations (ASX-listed Schemes on-marketBuy-Backs) Instrument 2016/1159, the following
information is provided:
The Trust Company (RE Services) Limited as Responsible Entity of the Forager Australian Shares Fund (Trust), will fund
the purchase price of the on-marketbuy-back from scheme property.
Notification of buy-back
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Disclaimer
Forager Australian Shares Fund published this content on 02 June 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 03 June 2022 00:01:03 UTC.
Forager Australian Shares Fund (the Fund) is an Australia-based investment trust. The Fundâs investment objective is to outperform all ordinaries accumulation index over a rolling five-year period and its goal is to produce superior long-term returns from a select number of underlying investments, irrespective of short-term price movements. The Fund invests in portfolio of undervalued Australian Shares, specializing in small, unusual opportunities for the long term, with a usual investment horizon of three-five years. The investment manager of the Fund is Forager Funds Management Pty Ltd.