BENJAMIN HORNIGOLD LIMITED — M&A Activity 2019

Mar 11, 2019

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Benjamin Hornigold Ltd ACN 614 854 045

ASX Announcement (ASX: BHD)

12 March 2019

Update on Orders

Benjamin Hornigold Ltd (ASX: BHD) ( Benjamin Hornigold or Company ) refers to previous announcements regarding the offers by John Bridgeman Limited (NSX: JBL) for all of the shares and options in Benjamin Hornigold that it did not currently own ( Offers ).[1] The Offers have lapsed in accordance with the orders of the Takeovers Panel on 8 February 2019.

Benjamin Hornigold confirms that, in accordance with the orders of the Takeovers Panel, it has received $4.5 million from JBL in repayment of the JBL Loan (as that term is defined in the orders of the Takeovers Panel).

ENDS

Peter Aardoom Director Benjamin Hornigold Ltd

1 Refer announcements dated 10 September 2018, 11 October 2018, 23 October 2018, 1 November 2018, 9 November 2018, 23 November 2018, 27 November 2018, 24 December 2018, 7 January 2019, 22 January 2019, 24 January 2019, 8 February 2019, 18 February 2019, 20 February 2019, 5 March 2019 and 7 March 2019.