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DE.MEM LIMITED Capital/Financing Update 2017

Apr 6, 2017

64766_rns_2017-04-06_81399a73-c470-49ea-94b0-519ad9eed84c.pdf

Capital/Financing Update

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De.mem Limited (ASX:DEM) ACN 614 756 642 Registered Office 16 Ord Street West Perth WA 6005 [email protected]

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ASX RELEASE | De.mem Limited (ASX:DEM)

Successful listing of De.mem on Australian Securities Exchange

Highlights

  • De.mem IPO closed early and oversubscribed, raising A$4.5 million

  • Commenced trading on Friday 7 April 2017 with ticker code “DEM”

  • Lead manager Alto Capital, corporate advisor Ventnor Capital

  • Supported by a select number of institutional and retail investors

Friday, 7 April 2017: Singapore-based waste water treatment company De.mem Limited (ASX:DEM) (“De.mem” or “the Company”) is pleased to announce its successful listing on the Australian Securities Exchange (ASX) under the ticker code “DEM.”

About De.mem

  • Designs, builds and operates innovative systems and technology for industrial waste water and de-centralised water treatment in the Asia Pacific region

  • Recognised market-leading technology driven by innovative global engineering team

  • Has a range of proprietary technologies and technical ability to provide high quality solutions to its customers

  • Focused on two high growth segments including:

    • Industrial: customers include factories, corporations, multinationals and industrial parks Municipal & Residential: provides potable water to municipal, residential customers
  • Well positioned in the early stages of a very large and growing total addressable market

De.men’s IPO capital raising of $4.5m led by Alto Capital, was significantly oversubscribed and has been supported by a select number of institutional, professional retail and strategic investors. De.mem’s 92.05m million shares were priced at $0.20, giving the Company a market capitalisation of $19 million at the offer price.

De.mem’s strengthened balance sheet will provide working capital allowing the Company to support the long-term Build, Own and Operate (“BOO”) contracts, manufacture of the nanofiltration membrane, expansion of the business into new markets and for further development efforts to improve and expand the range of licensed proprietary technologies. As a listed entity on the ASX, De.mem will also benefit from improved governance and balance sheet flexibility.

De.mem Chief Executive Officer Andreas Kroell: “ On behalf of the Board, our shareholders and our talented, hard-working employees, we are delighted to have closed our offer oversubscribed and to be listing on the ASX.

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The successful completion of this capital raising ensures we move forward rapidly with our expansion plans. We welcome all our new shareholders as we build momentum as a listed company.

De.mem has an exciting future and we look forward to updating the market on developments as we secure key milestones.”

For further information, please contact:

Andreas Kroell Shane Wee Julia Maguire CEO Director Director De.mem Limited Alto Capital The Capital Network [email protected] +61 8 9223 9888 [email protected] +61 419 815 386

About De.mem Limited

De.mem is a decentralised water treatment business that designs, builds, owns and operates customised and high-quality water and waste water treatment systems for its clients. The company presents its product offering in two industry segments (i) the industrial segment where De.mem provides systems and solutions to its customers in the electronics, chemicals, oil & gas, resources and the food & beverage industries and (ii) the municipal and residential segment. The company has licensed a number of proprietary technologies from its partner in research & development, Singapore’s Nanyang Technological University (NTU). De.mem has its main operations and manufacturing in Singapore.