Ventia's share buyback continues amidst director's on-market sale

Ventia Services Group (VNT) has announced an update to its on-market buy-back notification, confirming the purchase of 417,604 ordinary fully paid shares on October 23, 2025, for a total consideration of AUD 2,256,332.14. This brings the total shares bought back to 22,889,841 before the previous day, with a proposed buy-back start date of March 6, 2025, and an end date of March 5, 2026. The company intends to buy back up to AUD 150 million of its ordinary shares.

The announcement coincides with a change of director's interest notice for Dean Banks, who disposed of 1,500,000 ordinary shares via an on-market trade on October 20 and 21, 2025, at an average price of AUD 5.4533 per share. Prior to this sale, Mr. Banks held 7,500,000 indirect ordinary shares and 467,124 direct ordinary shares, along with various share rights and appreciation rights. Following the sale, his indirect holdings decreased to 6,000,000 ordinary shares.

The highest price paid on the previous day for the buy-back was AUD 5.45000000, while the lowest was AUD 5.33000000. The highest price allowed under listing rule 7.33 was AUD 5.72000000. Ventia's buy-back program does not require security holder approval, and it does not intend to buy back a minimum or maximum number of securities.