Truscreen Share Placement

Published: 21 May 2020

Truscreen Limited advises that it has issued new shares as follows:

Class of security: Ordinary Shares (TRU) 74,860,021

Price: The shares were issued for NZD 5 cents per share

Payment: Cash on subscription

Percentage of total class of securities issued: 32.9% (of the total number of ordinary shares post issue)

Reason for the issue: Expand commercial growth and working capital

Authority for issue: Director’s resolution and NZX Listing Rule 4.5

Number of securities after issue: Ordinary shares 302,394,825
Unlisted options 10,677,363 TRUOA
Unlisted options 9,000,000 TRUOB
Option terms: TRUOA. Exercisable at 13 cents per share with expiry date of 12 July 2021
Option terms: TRUOB. Exercisable at 15 cents per share with expiry date 27 August 2022

Date of issue: 21 May 2020

For full details see Share Placement Details in attachments.

Guy Robertson
Chief Financial Officer

Capital Change Notice.PDF

Director’s Certificate.PDF