DRA Global Completes Share Buy-Back and Delisting

DRA Global Ltd. (AU:DRA) has released an update.

DRA Global Ltd. successfully completed its off-market share buy-back, buying back 10,621,863 shares at A$2.08 each, and will proceed with delisting from both the ASX and JSE. The buy-back cost the company approximately A$22.58 million and allowed shareholders to sell their shares prior to the delisting. With no scale back required, all valid applications were accepted, finalizing the company’s delisting plans.

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