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COMPLII FINTECH SOLUTIONS LTD Capital/Financing Update 2018

Aug 21, 2018

64639_rns_2018-08-21_690707c2-b32c-43c8-ba36-8165dbb825d7.pdf

Capital/Financing Update

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ASX: IAM

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ASX Announcement

22 August 2018

Intiger Raises A$3M via Institutional and Sophisticated Investor Placement

  • Completes oversubscribed institutional and sophisticated investor placement of A$3m

  • Raising to be conducted via a two tranche placement

  • Use of funds for technology product development and general working capital

  • Shareholder meeting to be held for approvals required under the tranche 2 of the Placement

Intiger Group Limited ( Intiger or the Company ) ( ASX:IAM ) is pleased to announce that it has received binding commitments from institutional and sophisticated investors for a placement of A$3,000,000 which will be completed by way of a two tranche placement as detailed below.

The Placement received strong interest and was substantially oversubscribed, taking the maximum subscription, and total capital raising commitments of A$3,000,000.

Details of the Placement : The shares will be issued in two tranches, with the first tranche being issued within the Company’s existing ASX Listing Rule 7.1 placement capacity to issue 100,000,000 shares ( Tranche 1 Shares ) at $0.01 per share, together with one free attaching unlisted option to acquire a Share for every Tranche 1 Share.

The second tranche, being subject to shareholder approval at the Company’s general meeting of shareholders on or about 5 October 2018, is to issue 200 million fully paid ordinary shares ( Tranche 2 Shares ) at $0.01 per share, together with one free attaching unlisted option to acquire a Share for every Tranche 2 Share.

The Placement Shares are being issued at $0.01 per share, which represents a 35.1% discount to the 10 day VWAP ($0.0154), and 35.9% discount to the 5 day VWAP ($0.0156).

The free attaching unlisted options being issued under both tranches, have an exercise price of $0.015 and an expiry date of 31 October 2020.

The funds raised will be used to continue the Company’s technology development and for general working purposes.

Intiger Chairman Mr Patrick Canion, commented: ‘The Company places a great deal of importance on our capital management, to ensure reliable delivery of our services to our customers and a secure business future for our shareholders. This share placement confirms the market’s belief in Intiger’s value proposition. Importantly, it provides us with the necessary capital to continue to run and develop the business as we move towards profitability.’

C/- Wolfstar Group, Barringtons House, 283 Rokeby Road, Subiaco WA 6008 PO Box 52, West Perth WA 6872 P + 61 8 6189 1155 Ι F + 61 8 6141 3599 Ι ABN 71 098 238 585 Ι www.intigergrouplimited.com.au

Euroz Securities Limited acted as Lead Manager and Bookrunner to the Placement. As part of Euroz’s fee, 5m unlisted options in relation to the first tranche will be issued to Euroz and these will be issued within Company’s existing ASX Listing Rule 7.1 placement capacity. Euroz will also be issued 10m unlisted options in relation to the second tranche which will be subject to shareholder approval at the Company’s general meeting of shareholders on or about 5 October 2018. The unlisted options being issued under both tranches, have an exercise price of $0.015 and an expiry date of 31 October 2020.

- ENDS -

For further information, please contact:

Investors Industry Patrick Canion Mark Fisher Chairman Executive Director and Founder E: [email protected] E: [email protected] T: +61 (0)8 6141 3500 T: +61 (0)8 6141 3500

About Intiger Group Limited

The business of Intiger Group Limited (ASX: IAM) , was founded by experienced investment banking and financial services executive Mark Fisher and operates an Australian software development house dedicated to supporting professional Financial Planners to meet the needs of their clients. Intiger does this by reducing the back office and operational costs within the Australian financial planning industry. Working with Australian Financial Services Licensees and their advisers, the Intiger Group has developed and launched proprietary software platform BOOM2, which has been designed to digitise and automate core components of the financial planning process including the production of automated statements of advice. BOOM2 also tracks key performance indicators of a financial planning practice and delivers oversight and control to both licensees and financial planning practices nationally.

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