AMA GROUP LIMITED — Capital/Financing Update 2021

Sep 9, 2021

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ASX Announcement

10 September 2021

AMA GROUP LIMITED

PRO-RATA ACCELERATED NON-RENOUNCEABLE ENTITLEMENT OFFER NOTICE UNDER SECTION 708AA(2)(f) CORPORATIONS ACT 2001 (CTH)

This notice is given by AMA Group Limited (ABN 50 113 883 560) (“ AMA ”) under section 708AA(2)(f) of the Corporations Act 2001 (Cth) (“ Act ”) as modified by ASIC Corporations (Non-Traditional Rights Issues) Instrument 2016/84 and ASIC Corporations (Disregarding Technical Relief) Instrument 2016/73 (“ Legislative Instruments ”).

AMA has announced a pro-rata accelerated non-renounceable entitlement offer (“ Entitlement Offer ”) of 1 fully paid ordinary share in AMA (“ Shares” ) for every 2.8 Shares held as at 7.00pm (Sydney time) on Tuesday, 14 September 2021 by shareholders with a registered address in Australia, New Zealand and certain other jurisdictions in which AMA decides to extend the Entitlement Offer.

A Retail Offer Booklet for the Entitlement Offer is expected to be dispatched to eligible retail investors on Friday, 17 September 2021.

For the purposes of section 708AA(7) of the Act, AMA confirms that:

• (a) the Shares to be issued under the Entitlement Offer (“ New Shares ”) will be offered without disclosure under Part 6D.2 of the Act;

• (b) this notice is being given under section 708AA(2)(f) of the Act, as modified by the Legislative Instruments;

• (c) as at the date of this notice, AMA has complied with:

  • (i) the provisions of Chapter 2M of the Act as they apply to AMA; and

  • (ii) section 674 and 674A of the Act;

• (d) as at the date of this notice, there is no excluded information of the type referred to in sections 708AA(8) and 708AA(9) of the Act that is required to be set out in this notice under section 708AA(7)(d) of the Act; and

• (e) the potential effect that the issue of the New Shares will have on the control of AMA, and the consequences of that effect, will depend on a number of factors, including investor demand and existing shareholders. Nevertheless, given:

  • (i) the size and pricing of the Entitlement Offer;

  • (ii) that the Entitlement Offer is structured as a pro-rata issue and is fully underwritten;

  • (iii) the current level of holdings of substantial holders in AMA (based on substantial holding notices that have been given to AMA and lodged with ASX on or prior to the date of this notice),

AMA Group Ltd 130 Bundall Road, Bundall QLD 4217 ABN 50 113 883 560 (07) 5628 3272 info@amagroupltd.com amagroupltd.com

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the issue of the New Shares under the Entitlement Offer is not expected to have a material effect or consequence on the control of AMA.

Yours sincerely

AMA Group Limited

This announcement has been authorised by the Board of AMA Group Limited.

ENDS.

Investors and Media:

Alexandra Holston, Director Investor Relations and Corporate Affairs E: alexandra.holston@amagroupltd.com M: +61 418 312 837

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