ACROW LIMITED — M&A Activity 2018

Mar 26, 2018

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ASX Release

27 March 2018

Completion of Acquisition of the Acrow Group

The Board of NMG Corporation Limited (which has now changed its name to “Acrow Formwork and Construction Services Limited”) is pleased to confirm that each of the conditions precedent to the acquisition of the Acrow Group have now been satisfied (without waiver) and the Company has completed its acquisition of the Acrow Group.

Following completion of the acquisition, the Board would like to formally welcome its three new Directors:

• Steven Boland, CEO and Executive Director

• Peter Lancken, Non-Executive Chairman

• Josh May, Non-Executive Director

The Board also wishes to advise that Brett Chenoweth, Director of the Company, has resigned from the Company effective from today. The Board would like to thank Mr Chenoweth for his services to the Company and wishes him well for the future.

Separately, the Board is pleased to advise that the Incentive Securities Offer under the Prospectus dated 26 February 2018 successfully closed today, resulting in the issue of:

• 2,475,000 loan funded shares;

• 1,650,000 unlisted options; and

• 12,375,000 unlisted performance rights.

As the capital raising and acquisition have now completed, the Company is liaising with the ASX to comply with the ASX reinstatement conditions. The Company anticipates that it will be reinstated to trading on the Official List of ASX on or around 6 April 2018.

Contact for further information

For further information, please contact:

Andrew Whitten Company Secretary +61 2 8072 1400