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BLACKWALL LIMITED Capital/Financing Update 2020

Jan 13, 2020

64590_rns_2020-01-13_5de275e3-0140-4d55-9f4f-8002e1be91fe.pdf

Capital/Financing Update

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ASX Release

14 January 2020

WOTSO Demer er Com lete g p

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BlackWall Limited (ASX: BWF) (“BlackWall”) confirms that the demerger of its WOTSO coworking business is now complete.

In accordance with the demerger timetable previously released to the market, BWF has distributed approximately 86% of the shares in WOTSO Limited (WOTSO) to BWF shareholders, with the remaining 14% retained by BWF.

WOTSO will provide its new shareholders with details of their holding via WOTSO’s share registry provider, Automic Registry Services (www.automicgroup.com.au). Investor queries in connection with WOTSO should be directed to Sophie Gowland on 0407 758 388 or [email protected].

For further information please contact:

Tim Brown (Joint Managing Director & CFO) on 0416 925 376 or [email protected] Jessie Glew (Joint Managing Director & COO) on 0438 691 538 or [email protected]

Authorised for lodgement by Sophie Gowland Company Secretary

BLACKWALL LIMITED (ASX Code: BWF) ABN 37 146 935 131 50 Yeo Street, Neutral Bay, Sydney NSW 2089 Australia | PO Box 612, Neutral Bay, Sydney NSW 2089 Australia | Tel +61 2 9033 8611 | Fax +61 2 9033 8600 | www.blackwall.com.au