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DXN LIMITED Capital/Financing Update 2020

Feb 23, 2020

64806_rns_2020-02-23_9754a078-6df3-4dbe-9fd2-623b236ede91.pdf

Capital/Financing Update

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==> picture [112 x 58] intentionally omitted <==

24 February 2020

ASX Announcement

Withdrawal of Appendix 3B

DXN Limited (ASX: DXN) ( Company or DXN ) refers to the announcement entitled “Updated Appendix 3B” released on Friday, 21 February 2020 ( 21/02 Appendix 3B ).

The Company withdraws the 21/02 Appendix 3B, except for the application for admission of the shares and options the subject of the 21/02 Appendix 3B.

Following this announcement, the Company will release an Appendix 3B in relation to the proposed issue of 15,000,000 options to Pinnacle Corporate Finance Pty Ltd ( Pinnacle ), pursuant to the Company’s underwriting agreement with Pinnacle, as referred to in sections 6.4 and 9.4 of the Entitlement Issue Prospectus released on 14 February 2020.

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About DXN Limited

DXN Limited designs, builds, owns and operates data centres. Offering integrated, customised and tailored solutions to clients, DXN provides businesses with the option of delivering solutions to site through containerised modules, or space in DXN’s modular colocation facilities to suit technical specifications and operational requirements. From a single rack in the colocation facilities through to fully customised Edge Infrastructure, DXN can deliver a range of solutions to meet modern data centre requirements. DXN has achieved an industry first and become the first modular data centre developer in the world to receive both Uptime Institute Tier-Ready III and Tier-Ready IV design review awards. For more https://dxn.solutions