ADNEO LIMITED — Capital/Financing Update 2018

Sep 20, 2018

Market Announcement

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21 September 2018

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ApplyDirect Limited (ASX: AD1) – Suspension from Official Quotation

Description

The securities of ApplyDirect (‘AD1’) will be suspended from quotation immediately under Listing Rule 17.2, at the request of AD1, pending the release of an announcement regarding a proposed capital raising.

Issued by

Dean Litis

Principal Adviser, Listings Compliance (Melbourne)

Market Announcement 1/1 ASX Customer Service Centre 131 279 | asx.com.au

21 September 2018 ASX Limited

Unit 3 / 3 Wellington Street Kew VIC 3101 Ph: 1300 554 842

www.applydirect.com.au

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21 September 2018

Dean Litis Principal Adviser Listings Compliance (Melbourne) ASX Limited MELBOURNE VIC 3000

Dear Dean

ApplyDirect Limited – Request for voluntary suspension

In accordance with ASX Listing Rule 17.2, ApplyDirect Limited ACN 123 129 162 ( Company ) requests the immediate implementation of a suspension of the Company's ordinary shares from quotation on ASX, to apply on and from Friday, 21 September 2018.

In accordance with ASX Listing Rule 17.2, the Company provides the following information in relation to this request:

• (a) A halt in the trading of the Company's ordinary shares was granted on Wednesday, 19 September 2018 pending an announcement in relation to a proposed capital raising initiative.

• (b) The Company requests that the voluntary suspension remain in place until an announcement can be made by the Company confirming finalisation of the details of its proposed capital raising initiative. The directors of the Company expect this to occur before 9.30am (Melbourne time) on Monday, 24 September 2018.

• (c) The Company is not aware of any reason why the voluntary suspension should not be granted or of any other information necessary to inform the market about the voluntary suspension.

Yours faithfully

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Prashant Chandra Company Secretary

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