ACROW LIMITED - Share Issue/Capital Change 2018

Notification of Consolidation/Split

==> picture [21 x 22] intentionally omitted <==

Notification of Consolidation/Split

Announcement Summary

Entity name

NMG CORPORATION LIMITED

Applicable security for the reorganisation

==> picture [471 x 107] intentionally omitted <==

----- Start of picture text ----- NMG ORDINARY FULLY PAIDNMGAA OPTION EXPIRING 30-JUN-2018 EX 1CNMGAB OPTION EXPIRING 12-APR-2019 EX 2CNMGAC OPTION EXPIRING 12-APR-2021 EX 1CNMGAD OPTION EXPIRING VARIOUS DATESVARIOUS PRICES----- End of picture text -----

Announcement Type

Update to previous announcement

Date of this announcement

Monday March 12, 2018

Reason for the Update

Shareholder approval obtained.

Refer to below for full details of the announcement

Announcement Details

Part 1 - Entity and announcement details

1.1 Name of +Entity*

NMG CORPORATION LIMITED

Registration Number

1.2 Registered Number Type*

ACN 124893465

1.3 ASX issuer code*

NMG

1.4 The announcement is*

Update/amendment to previous announcement

1.4a Reason for update to a previous announcement

Shareholder approval obtained.

Notification of Consolidation/Split

1 / 5

Notification of Consolidation/Split

==> picture [21 x 22] intentionally omitted <==

**1.4b * Date of previous announcement(s) to this update**

Tuesday February 13, 2018

1.5 Date of this announcement*

Monday March 12, 2018

1.6 Securities affected by the reorganisation*

==> picture [477 x 106] intentionally omitted <==

Part 2 - Approvals

2.1 Are any of the below approvals required for the reorganisation before business day 0 of the timetable?*

Security holder approval Court approval
Lodgement of court order with +ASIC ACCC approval
FIRB approval
Another approval/condition external to the entity required to be given/met before business day 0 of the timetable for the reorganisation.

Yes

2.2 Approvals

**Approval/Condition Date for determination Is the date estimated Approval +Security holder Monday March 12, or actual? received/condition approval 2018 Actual met? Yes Comments

Part 3 - Reorganisation timetable and details

3.1 +Record date*

Thursday March 15, 2018

3.2 Date of +security holder meeting

Monday March 12, 2018

3.3 Last day for trading in the pre-re-organised +securities

Tuesday March 13, 2018

Notification of Consolidation/Split

2 / 5

Notification of Consolidation/Split

==> picture [21 x 22] intentionally omitted <==

*3.4 Effective date. Trading in the re-organised securities commences on a +deferred settlement basis. If the +entity's securities are suspended from trading during this period there will be no +deferred settlement trading however ASX still captures this date.

Wednesday March 14, 2018

3.5 Record date

Thursday March 15, 2018

3.6 First day for +entity to send notices to +security holders of the change in the number of +securities they hold. First day for +entity to register +securities on a post-reorganised basis Friday March 16, 2018

*3.7 +Issue date. +Deferred settlement market ends. Last day for +entity to send notices to +security holder of the change in the number of +securities they hold. Last day for +entity to register +securities on a post-reorganised basis Thursday March 22, 2018

3.8 Trading starts on a normal T+2 basis

Friday March 23, 2018

3.9 First settlement of trades conducted on a +deferred settlement basis and on a normal T+2 basis

Tuesday March 27, 2018

Part 4 - Reorganisation type and details

4.1 The reorganisation is*

+Security consolidation

4.1a Consolidation ratio: the +securities will be consolidated on the basis that every*

(pre-consolidation) +securities will be consolidated into

(post-consolidation) +security (/ies).

4.2 Scrip fraction rounding*

Fractions of 0.5 or more rounded up

Part 5 - +Securities on issue before and after reorganisation

5.1 +Securities on issue before and after the reorganisation*

==> picture [477 x 112] intentionally omitted <==

----- Start of picture text ----- *ASX +Security Code *ASX +SecurityNMG DescriptionORDINARY FULLYPAIDQuoted/unquoted Number on issue Number on issue after Estimate/ActualQuoted before reorganisation reorganisation Estimated338,328,147 16,916,407----- End of picture text -----

Notification of Consolidation/Split

3 / 5

Notification of Consolidation/Split

==> picture [21 x 22] intentionally omitted <==

==> picture [540 x 720] intentionally omitted <==

----- Start of picture text ----- *ASX +Security Code *ASX +SecurityNMGAA DescriptionOPTION EXPIRING30-JUN-2018 EX 1CQuoted/unquoted Number on issue Number on issue after Estimate/ActualUnquoted before reorganisation reorganisation Estimated75,000,000 3,750,000*ASX +Security Code *ASX +SecurityNMGAB DescriptionOPTION EXPIRING12-APR-2019 EX 2CQuoted/unquoted Number on issue Number on issue after Estimate/ActualUnquoted before reorganisation reorganisation Estimated15,000,000 750,000*ASX +Security Code *ASX +SecurityNMGAC DescriptionOPTION EXPIRING12-APR-2021 EX 1CQuoted/unquoted Number on issue Number on issue after Estimate/ActualUnquoted before reorganisation reorganisation Estimated15,000,000 750,000*ASX +Security Code *ASX +SecurityNMGAD DescriptionOPTION EXPIRINGVARIOUS DATESVARIOUS PRICESQuoted/unquoted Number on issue Number on issue after Estimate/ActualUnquoted before reorganisation reorganisation Estimated10,000,000 500,0005.2 *Exercise price of options*ASX +Security Code *ASX +Security DescriptionNMGAA OPTION EXPIRING30-JUN-2018 EX 1CQuoted/unquoted Exercise price before Exercise price afterUnquoted reorganisation reorganisation0.01000000 0.20000000*ASX +Security Code *ASX +Security DescriptionNMGAB OPTION EXPIRING12-APR-2019 EX 2CQuoted/unquoted Exercise price before Exercise price afterUnquoted reorganisation reorganisation0.01000000 0.20000000----- End of picture text -----

Notification of Consolidation/Split

4 / 5

Notification of Consolidation/Split

==> picture [21 x 22] intentionally omitted <==

==> picture [477 x 209] intentionally omitted <==

----- Start of picture text ----- *ASX +Security Code *ASX +Security DescriptionNMGAC OPTION EXPIRING12-APR-2021 EX 1CQuoted/unquoted Exercise price before Exercise price afterUnquoted reorganisation reorganisation0.01000000 0.20000000*ASX +Security Code *ASX +Security DescriptionNMGAD OPTION EXPIRINGVARIOUS DATES VARIOUSPRICESQuoted/unquoted Exercise price before Exercise price afterUnquoted reorganisation reorganisation0.00000000 0.00000000----- End of picture text -----

Part 6 - Further information

6.1 Further information relating to the reorganisation

6.2 Additional information for inclusion in the Announcement Summary

Notification of Consolidation/Split

5 / 5

AI assistant

ACROW LIMITED Share Issue/Capital Change 2018

64288_rns_2018-03-11_61b6d223-1d5e-422b-97d2-ed5a1d0bff01.pdf

Notification of Consolidation/Split

Entity name

Applicable security for the reorganisation

Announcement Type

Date of this announcement

Reason for the Update

Refer to below for full details of the announcement

1.1 Name of +Entity*

NMG CORPORATION LIMITED

Registration Number

1.2 Registered Number Type*

1.3 ASX issuer code*

1.4 The announcement is*

1.4a Reason for update to a previous announcement

**1.4b * Date of previous announcement(s) to this update**

1.5 Date of this announcement*

1.6 Securities affected by the reorganisation*

2.1 Are any of the below approvals required for the reorganisation before business day 0 of the timetable?*

2.2 Approvals

3.1 +Record date*

3.2 Date of +security holder meeting

3.3 Last day for trading in the pre-re-organised +securities

3.5 Record date

3.8 Trading starts on a normal T+2 basis

3.9 First settlement of trades conducted on a +deferred settlement basis and on a normal T+2 basis

4.1 The reorganisation is*

4.1a Consolidation ratio: the +securities will be consolidated on the basis that every*

(post-consolidation) +security (/ies).

4.2 Scrip fraction rounding*

5.1 +Securities on issue before and after the reorganisation*

6.1 Further information relating to the reorganisation

6.2 Additional information for inclusion in the Announcement Summary

AI assistant

ACROW LIMITED — Share Issue/Capital Change 2018

64288_rns_2018-03-11_61b6d223-1d5e-422b-97d2-ed5a1d0bff01.pdf

Notification of Consolidation/Split

Entity name

Applicable security for the reorganisation

Announcement Type

Date of this announcement

Reason for the Update

Refer to below for full details of the announcement

*1.1 Name of +Entity

NMG CORPORATION LIMITED

Registration Number

*1.2 Registered Number Type

*1.3 ASX issuer code

*1.4 The announcement is

1.4a Reason for update to a previous announcement

1.4b * Date of previous announcement(s) to this update

*1.5 Date of this announcement

*1.6 Securities affected by the reorganisation

*2.1 Are any of the below approvals required for the reorganisation before business day 0 of the timetable?

2.2 Approvals

*3.1 +Record date

3.2 Date of +security holder meeting

3.3 Last day for trading in the pre-re-organised +securities

3.5 Record date

3.8 Trading starts on a normal T+2 basis

3.9 First settlement of trades conducted on a +deferred settlement basis and on a normal T+2 basis

*4.1 The reorganisation is

*4.1a Consolidation ratio: the +securities will be consolidated on the basis that every

(post-consolidation) +security (/ies).

*4.2 Scrip fraction rounding

*5.1 +Securities on issue before and after the reorganisation

6.1 Further information relating to the reorganisation

6.2 Additional information for inclusion in the Announcement Summary

More from ACROW LIMITED

ACROW LIMITED Share Issue/Capital Change 2018

1.1 Name of +Entity*

1.2 Registered Number Type*

1.3 ASX issuer code*

1.4 The announcement is*

**1.4b * Date of previous announcement(s) to this update**

1.5 Date of this announcement*

1.6 Securities affected by the reorganisation*

2.1 Are any of the below approvals required for the reorganisation before business day 0 of the timetable?*

3.1 +Record date*

4.1 The reorganisation is*

4.1a Consolidation ratio: the +securities will be consolidated on the basis that every*

4.2 Scrip fraction rounding*

5.1 +Securities on issue before and after the reorganisation*