CAPRAL LIMITED — Share Issue/Capital Change 2020

Nov 3, 2020

Notification of Consolidation/Split

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Announcement Summary

Entity name CAPRAL LIMITED

Applicable security for the reorganisation

CAA ORDINARY FULLY PAID CAAAI PERFORMANCE RIGHTS

Announcement Type

Update to previous announcement

Date of this announcement

Wednesday November 4, 2020

Reason for the Update

Shareholder approval for consolidation obtained at General Meeting on 3 November 2020

Refer to below for full details of the announcement

Notification of Consolidation/Split

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Notification of Consolidation/Split

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Announcement Details

Part 1 - Entity and announcement details

1.1 Name of +Entity

CAPRAL LIMITED

1.2 Registered Number Type Registration Number ABN 78004213692 1.3 ASX issuer code CAA

1.4 The announcement is Update/amendment to previous announcement

1.4a Reason for update to a previous announcement

Shareholder approval for consolidation obtained at General Meeting on 3 November 2020

1.4b Date of previous announcement(s) to this update

Wednesday September 9, 2020

1.5 Date of this announcement

Wednesday November 4, 2020

1.6 Securities affected by the consolidation or split

ASX +Security Code ASX +Security Description CAA ORDINARY FULLY PAID CAAAI PERFORMANCE RIGHTS

Part 2 - Approvals

Notification of Consolidation/Split

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Notification of Consolidation/Split

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• 2.1 Are any of the below approvals required for the consolidation or split before business day 0 of the timetable? Security holder approval Court approval Lodgement of court order with +ASIC ACCC approval FIRB approval

Another approval/condition external to the entity required to be given/met before business day 0 of the timetable for the consolidation or split.

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Yes

2.2 Approvals

Approval/Condition Date for determination Is the date estimated or Approval actual? received/condition met? +Security holder approval Tuesday November 3, 2020 Actual Yes

Comments

Part 3 - Consolidation or split timetable and details

3.1 +Record date

Friday November 6, 2020

3.2 Date of +security holder meeting

Tuesday November 3, 2020

3.2a Effective date of consolidation or split

Tuesday November 3, 2020

3.3 Last day for trading in the pre consolidation or split +securities

Wednesday November 4, 2020

3.4 Trading in the post consolidation or split +securities commences on a deferred settlement basis.

Thursday November 5, 2020

3.5 Record date

Friday November 6, 2020

3.6 First day for entity to update its register and to send holding statements to +security holders reflecting the change in the number of +securities they hold.

Monday November 9, 2020

3.7 Last day for entity to update its register and send holding statements to +security holders reflecting the change in the number of +securities they hold and to notify ASX that this has occurred. (+Issue Date)

Friday November 13, 2020

3.8 Trading starts on a normal T+2 basis

Monday November 16, 2020

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Notification of Consolidation/Split

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3.9 First settlement of trades conducted on a +deferred settlement basis and on a normal T+2 basis Wednesday November 18, 2020

Part 4 - Event type and details 4.1 The event is +Security consolidation 4.1a Consolidation ratio: the +securities will be consolidated on the basis that every 30 (pre-consolidation) +securities will be consolidated into 1 (post-consolidation) +security (/ies). 4.2 Scrip fraction rounding Fractions rounded up to the next whole number

Part 5 - +Securities on issue before and after consolidation or split

5.1 +Securities on issue before and after the consolidation or split	5.1 +Securities on issue before and after the consolidation or split	5.1 +Securities on issue before and after the consolidation or split
ASX +Security Code	ASX +Security Description
CAA	ORDINARY FULLY PAID
Quoted/unquoted	Number on issue pre	Number	on issue post	Estimate/Actual
Quoted	consolidation or split	consolidation or split		Estimated
	496,859,189	16,561,973
ASX +Security Code	ASX +Security Description
CAAAI	PERFORMANCE RIGHTS
Quoted/unquoted	Number on issue pre	Number	on issue post	Estimate/Actual
Unquoted	consolidation or split	consolidation or split		Estimated
	21,000,000	700,000
5.2 Exercise price of options
ASX +Security Code	ASX +Security Description
CAAAI	PERFORMANCE RIGHTS
Quoted/unquoted	Exercise price pre consolidation or		Exercise price post	consolidation or
Unquoted	split		split
	AUD 0.00000000		AUD 0.00000000

Notification of Consolidation/Split

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Notification of Consolidation/Split

Part 6 - Further information

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6.1 Further information relating to the consolidation or split

6.2 Additional information for inclusion in the Announcement Summary

Notification of Consolidation/Split

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