Update - Notification of buy-back - RCE
Released
Released
Announcement PDF
Appendix 3C - Notification of buy-back
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Announcement Summary
Name of entity
RECCE PHARMACEUTICALS LTD
Announcement type
Update announcement
Type of update
Date of this announcement
8/10/2025
Reason for update
Final buy-back notification
ASX Security code and description of the class of +securities the subject of the buy-back
RCEAH : PERFORMANCE SHARES
The type of buy-back is:
Total number of +securities bought back
8,754,423
Total consideration paid or payable for the securities
AUD 87.54000
Refer to next page for full details of the announcement
Selective buy-back
Final buy-back notification
Appendix 3C - Notification of buy-back
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Part 1 - Entity and announcement details
1.1 Name of entity
RECCE PHARMACEUTICALS LTD
We (the entity named above) provide the following information about our buy-back.
1.2 Registration number type
ACN
Registration number
124849065
1.3 ASX issuer code
RCE
1.4 The announcement is
1.4a Type of update
1.4b Reason for update
Final buy-back notification
1.4c Date of initial notification of buy-back
8/10/2024
1.4d Date of previous announcement to this update
7/10/2025
1.5 Date of this announcement
8/10/2025
1.6 ASX Security code and description of the class of +securities the subject of the buy-back
RCEAH : PERFORMANCE SHARES
Final buy-back notification
Update/amendment to previous announcement
Appendix 3C - Notification of buy-back
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Part 2 - Type of buy-back
2.1 The type of buy-back is:
Selective buy-back
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Part 3 - Buy-back details
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
8,754,423
3A.2 Total number of +securities proposed to be bought
back
8,754,423
3A.3 Name of person or description of class of persons whose +securities are proposed to be bought back
Holders of Class B Performance Shares
3A.9 Are the +securities being bought back for a cash consideration?
3A.9a Is the price to be paid for +securities bought back known?
3A.9a.1 In what currency will the buy-back consideration
be paid?
AUD - Australian Dollar
3A.9a.2 Buy-back price per +security
0.00001000
Part 3B - Buy-back restrictions and conditions
3B.1 Does the buy-back require security holder
approval?
3B.1a Type of security holder approval required
3B.1b Anticipated date of security holder meeting to
approve the buy-back
6/11/2024
3B.2 Are there any restrictions on foreign participation in
the buy-back
3B.3 Are there any other conditions that need to be
satisfied before the buy-back offer becomes
unconditional?
3B.3a Please summarise the conditions
Yes
No
Special resolution
Yes
Yes
Yes
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3B.3a Please summarise the conditions
As the selective capital reduction involves the cancellation of shares, section 256C(2) of the Corporations Act requires that
the selective capital reduction must also be approved by a special resolution passed at a meeting of the shareholders
whose shares are to be cancelled, being the Class B Performance Shareholders.
Part 3C - Key dates
Employee Share Scheme, Selective and Other Buy-Backs
3C.1 Anticipated date buy-back will occur
7/10/2025
Part 3D - Other Information
3D.1 Any other information the entity wishes to notify to ASX about the buy-back
The milestone events attaching to the Class B Performance Shares have not been achieved and none of the Class B
Performance Shares have been converted into Shares.
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Part 5 - Final buy-back notification
For on-market buy-backs, a final buy-back notification must be submitted at least half an hour before the commencement of
trading on the business day after the company buys back the maximum number of securities that it wanted or the company
decides it will stop buying back securities.
For equal access buy-back schemes, a final buy-back notification must be submitted no later than five business days after
the buy-back offer closing date.
For employee share scheme buybacks, selective buy-backs and other buy-backs, a final buy-back notification must be
submitted by no later than five business days after the completion of the buy-back.
5.1 Total number of +securities bought back
8,754,423
5.2 Total consideration paid or payable for the securities
AUD 87.54000
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