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CAR GROUP LIMITED Capital/Financing Update 2021

May 11, 2021

64605_rns_2021-05-11_fc8e1fff-afef-4393-96e8-a54c5e20d35d.pdf

Capital/Financing Update

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Market Announcement

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12 May 2021

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Carsales.com Limited (ASX: CAR) – Trading Halt (2+1)

Description

The securities of Carsales.com Limited (‘CAR’) will be placed in trading halt at CAR’s request, pending it releasing an announcement about the outcome of the institutional component of the accelerated entitlement offer. Unless ASX decides otherwise, the securities will remain in trading halt until the commencement of normal trading on Monday, 17 May 2021.

Issued by

Dean Litis

Principal Adviser, Listings Compliance (Melbourne)

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

12 May 2021 ASX Limited

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12 May 2021

By E-mail: [email protected]

Mr Dean Litis Principal Adviser, Listings Compliance ASX Compliance Pty Ltd Level 4, Rialto North Tower 525 Collins Street Melbourne VIC 3000

Dear Dean

carsales.com Limited – Request for Trading Halt

carsales.com Limited (ACN 074 444 018) (ASX:CAR) ( CAR ) requests that its securities be placed in a trading halt from the commencement of trading today pursuant to ASX Listing Rule 17.1.

The trading halt is requested pending an announcement by CAR in connection with an equity raising to be undertaken by way of a pro-rata accelerated renounceable entitlement offer with retail rights trading ( Entitlement Offer ).

CAR requests the trading halt to remain in place until the earlier of:

  • (a) an announcement being made about the completion of the institutional component of the Entitlement Offer; or

  • (b) the commencement of trading on Monday, 17 May 2021.

CAR is not aware of any reason why the trading halt should not be granted or any other information necessary to inform the market about the trading halt.

Please contact me if you require any additional information.

Yours sincerely

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Nicole Birman Company Secretary carsales.com Limited

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