DIGITALX LIMITED — Capital/Financing Update 2016

Dec 20, 2016

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ASX ANNOUNCEMENT

21 December 2016

Extension to SPP Closing Date

Further to the announcements on 28 November 2016 and 9 December 2016 and on the back of feedback from numerous shareholders to extend the Share Purchase Plan ( SPP ) closing date, DigitalX Limited (ASX:DCC) ( DCC or the Company ) have agreed to extend the closing date of the SPP Offer until 5pm (Perth time) on Wednesday, 11 January 2017 .

The SPP has been undertaken to give shareholders the chance to participate in the capital raising on the same terms as the placement announced to the ASX on 28 November 2016, to which both the CEO and Acting Chair have committed to participate, subject to shareholder approval. These placement terms include the issue of 1 option for every 2 shares subscribed for, at an exercise price of 8c, subject to shareholder approval early in 2017. 2017 has the potential to be an exciting year for DCC with the imminent launch of money transfer features through AirPocket into Latin America and a focus on growing the usage of AirPocket through its now established partnerships.

Finally, in an attempt to clean up the register and reduce the cost burden associated with numerous unmarketable parcels (shareholdings with a value of less than $500), DCC intends to undertake an unmarketable parcel transaction early in the new year in accordance with its Constitution.

Any shareholder who wishes to participate in the SPP but who has not received a copy of the documentation, can download a copy of their form through www.investorcentre.com/\au or contact Computershare on 1300 850 505 and new documentation will be forwarded to you.

Please see below a revised indicative timetable for the SPP.

Indicative Timetable

ndicative Timetable
Closing date for Share Purchase Plan	11 January 2017
Lodge Appendix 3B, Issue of new shares under the Share Purchase Plan	19 January 2017
Quotation on ASX of new shares under the Share Purchase Plan	19 January 2017

These dates are indicative only. DCC may vary the dates and times of the Offer without notice. Accordingly, shareholders are encouraged to submit their Entitlement and Acceptance Forms as early as possible.

DigitalX Limited

Leigh Travers Chief Executive Officer T: +61 439 376 847

Media Enquires:

Melissa Mack E: melissa.mack@mcpartners.com.au T: +61 430 119 951

About DigitalX Limited

DigitalX is a Blockchain-based software solutions group disrupting the payments industry. Its products allow consumers to make secure and cost-effective money transfers worldwide. Partners can use DigitalX’s technology to offer new financial products. DigitalX is based in the United States and Australia.