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BETMAKERS TECHNOLOGY GROUP LTD Capital/Financing Update 2015

Dec 10, 2015

64512_rns_2015-12-10_cf185bdc-ece6-4b7e-9d03-1669dcc6facb.pdf

Capital/Financing Update

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9!December!2015!

TopBetta!Holdings!Limited!(TopBetta!or!the!Company)! Pro!Forma!Statement!of!Financial!Position!=!actual!funds!raised!

The!pro!forma!statement!of!financial!position!for!TopBetta!is!set!out!below!and!has!been!prepared!to!illustrate!the effect!of!the!pro!forma!adjustments!described!below!as!if!they!had!occurred!on!30!June!2015:!

  • Receipt!of!the!actual!subscription!amount!of!$6,000,000!raised!by!the!Company!under!the!offer!of!ordinary shares!under!the!Prospectus!(the!Prospectus)!dated!November!2015K!and!

  • Payment!of!estimated!Offer!related!expenses!(which!have!been!deducted!from!the!cash!amount).!

The!pro!forma!statement!of!financial!position!has!been!prepared!on!the!basis!of!the!accounting!standards!and policies!and!assumptions!set!out!in!the!Prospectus.!!

Proforma
30June2015
CurrentassetsCashandcashequivalents6,475,188
Tradeandotherreceivables 1,110,184
Totalcurrentassets 7,585,372
Non=currentassetsPlantandequipment20,828
Intangibleassets 3,836,633
Taxassets 1,413,104
Totalnon=currentassets 5,270,565
Totalassets 12,855,937
CurrentliabilitiesTradeandotherpayables874,433
Provisions 76,005
Borrowings 185,753
Totalcurrentliabilities 1,136,191
Non=currentliabilitiesProvisions24,027
Borrowings U
Totalnon=currentliabilities 24,027
Totalliabilities 1,160,218
Netassets 11,695,719
EquityIssuedcapital14,638,584
Reserve 652,273
Retainedearnings (3,595,138)
Totalequity 11,695,719