DGR GLOBAL LIMITED — Capital/Financing Update 2020

Apr 29, 2020

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ASX Announcement

DGR Global Limited (ASX:DGR)

30 April 2020

Accelerated Non‐Renounceable Entitlement Offer

Results of Institutional Offer

The Board of DGR Global Limited (ASX: DGR or Company ) is pleased to announce the results of the accelerated institutional component of its Entitlement Offer announced on Tuesday, 28 April 2020.

The Company has secured commitments from institutional investors totalling $985,905.75 and the resultant 26,646,102 shares are scheduled to be issued on Monday, 4 May 2020 in accordance with the previously published timetable.

It is important to note that the shares to be issued to each institutional investor on 4 May 2020 will be limited to the extent of their entitlement. This preserves the opportunity for each Eligible Retail Shareholder to also apply for their full entitlement. Applications for any additional shares made by any Eligible Shareholder (whether they be retail or institutional) will be considered after the receipt of all applications from Eligible Retail Shareholders.

The accelerated institutional component outlined above is part of the Company’s fully‐underwritten Accelerated Non‐Renounceable Entitlement Offer made on the basis of 1 new fully paid ordinary share for every 4 shares held, at an issue price of $0.037 per share ( New Shares ), to raise approximately $5.67 million (before costs). Assuming no existing options on issue in the Company are exercised, approximately 153,295,469 New Shares will be offered under the overall Entitlement Offer. Eligible Shareholders who apply for and are issued with a minimum of $4,000 worth of New Shares under the Entitlement Offer will also receive 1 attaching New Option for every 4 New Shares issued exercisable at $0.084 on or before 28 May 2022.

Full details of the Entitlement Offer are as outlined in the Company’s announcement and the Entitlement Offer Prospectus both published on Tuesday, 28 April 2020. The Prospectus and the personalised application paperwork for Eligible Retail Shareholders are both due to be despatched to Eligible Retail Shareholders on Tuesday, 5 May 2020.

This Announcement has been authorised by the Board of Directors.

On behalf of the Board Karl Schlobohm Company Secretary

Email: info@dgrglobal.com.au

Electronic copies and more information are available on the Company website: www.dgrglobal.com.au

For further information contact:

Nick Mather Managing Director Ph: 07 3303 0680

Karl Schlobohm Sarah Schuiringa Company Secretary Marketing / PR Ph: 07 3303 0680 Ph: 07 3303 0680

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