Enprise Group Limited — Capital/Financing Update 2017

Nov 17, 2017

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----- Start of picture text ----- Investor UpdateRights Issue Results, 17 November 2017----- End of picture text -----

Dear Fellow Investors,

As you know, Datagate offered a Rights Issue to existing shareholders during September and October this year, to raise $500K of new capital, to enable faster expansion into the North American market.

I’m pleased to report that the Rights Issue has closed successfully and that we raised $683,710 (as set out in the table below) and therefore over-achieved our target of $500K by $183,710.

Shareholder Group	Cash Invested	Shares Purchased
Directors & Customer	$229,998	153,332
Enterprise Angels	$144,879	96,586
FlyingKiwi Angels	$55,000	36,665
Ice Angels	$219,633	146,422
NZVIF	$34,200	22,800
Totals	$683,710	455,805

As discussed during the investor presentations, Datagate attended the ConnectWise IT Nation conference in Orlando, Florida earlier this month. We were very well received there and came back with over 100 American sales leads, several potential sales partnerships and ConnectWise’s award for “Best Newcomer”. We think that this early step with the ConnectWise community has validated that there is significant demand for Datagate in North America and has put us well and truly on the ConnectWise community’s radar.

We are now following up with all our new American contacts and working to ensure that many of these new leads are converted to sales in the New Year.

Thank you for your on-going support of Datagate. I believe we are now entering a very interesting and exciting time for the business.

Yours Sincerely

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Mark Loveys, CEO Datagate Innovation Limited Email: mark.loveys@datagate-i.com