APPEN LIMITED — Capital/Financing Update 2019

Mar 10, 2019

Market Announcement

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11 March 2019

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Appen Limited (ASX: APX) – Trading Halt

Description

The securities of Appen Limited (‘APX’) will be placed in trading halt at the request of APX, pending it releasing an announcement. Unless ASX decides otherwise, the securities will remain in trading halt until the earlier of the commencement of normal trading on Wednesday, 13 March 2019 or when the announcement is released to the market.

Issued by

Lisa Banh

Senior Adviser, Listings Compliance (Sydney)

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

11 March 2019 ASX Limited

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Level 6, 9 Help Street Chatswood, NSW 2067 Tel + 61 2 9468 6300 Fax + 61 2 9468 6311

11 March 2018

Belinda Chiu ASX Advisor ASX Compliance Pty Ltd 20 Bridge Street Sydney NSW 2000

Dear Belinda,

RE: APPEN LIMITED – REQUEST FOR TRADING HALT

Pursuant to ASX Listing Rule 17.1, Appen Limited (ASX: APX) ( Appen ) requests an immediate trading halt be granted by ASX Limited ( ASX ) with respect to its shares from the commencement of trading on Monday 11 March 2019 .

The trading halt is requested in connection with a proposed material acquisition and capital raising, including an institutional placement and share purchase plan.

The following information is provided in accordance with Listing Rule 17.1:

1. Reason for trading halt – to avoid trading taking place on an uninformed basis and to allow the institutional placement to take place in an orderly manner.

2. Duration of the trading halt – Appen expects that the trading halt will last until it makes an announcement to ASX concerning the outcome of the institutional placement, which it expects to make before the commencement of trading on Tuesday 12 March 2019.

3. Termination of trading halt – Appen anticipates that the trading halt will cease upon the commencement of normal trading on Tuesday 12 March 2019.

4. No reason – Appen is not aware of any reason why the trading halt should not be granted.

5. Further information – none.

Should you have any questions, please do not hesitate to contact the Company on 0414 731 082.

Yours sincerely,

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Carl Middlehurst Company Secretary

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