DIGITALX LIMITED — Share Issue/Capital Change 2016

Dec 7, 2016

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ASX ANNOUNCEMENT 8 December 2016

Disclosure under ASX Listing Rule 7.1A.4(b) and 3.10.5A

ASX Listing Rule Disclosure

In relation to the issue of 32,780,000 fully paid ordinary shares advised in the Appendix 3B released to the ASX on 8 December 2016, and in accordance with ASX Listing Rules 7.1A.4(b) and 3.10.5A, the Company makes the following disclosures:

• (a) The Company issued a total of 32,780,000 fully paid ordinary shares of which 16,642,366 fully paid ordinary shares were issued under Listing Rule 7.1A and the remaining shares were issued under the Company’s 15% placement capacity under Listing Rule 7.1.

The securities issued under Listing Rule 7.1A resulted in the following dilution to existing holders of ordinary securities:

• (i) Number of fully paid ordinary shares on issue prior to the placement of securities under LR 7.1A was 204,837,518.

• (ii) Number of fully paid ordinary shares on issue following this issue of securities under LR 7.1A was 221,479,884.

• (iii) Percentage of voting dilution following the issue is 8.12%.

• (b) The Company issued shares as a placement to sophisticated and professional investors as this was considered to be the most expedient mechanism for raising funds in a timely manner.

• (c) The Company is grateful for the support of its long-term shareholders and as announced to ASX on 28 November 2016, the Company intends to undertake a Share Purchase Plan which will provide eligible shareholders the opportunity to participate in the capital raising on the same terms as the Placement.

• (d) No underwriting agreements were entered into.

• (e) Merchant Corporate Finance Pty Ltd (“Merchant”) was lead manager to the Placement, and was paid a fee of 6% (excluding GST) on all funds raised under the Placement.

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.