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FRONTIER DIGITAL VENTURES LIMITED — Share Issue/Capital Change 2018
Aug 12, 2018
64907_rns_2018-08-12_ba13901c-c127-419d-bfac-c69ca4d4835e.pdf
Share Issue/Capital Change
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ASX Code: FDV
13 August 2018
Release of securities from escrow
Frontier Digital Ventures (ASX: FDV), a leading operator of online classifieds businesses in rapidly emerging markets, today announces the release of ordinary shares from mandatory escrow.
As disclosed in FDV’s initial public offering (IPO) replacement prospectus released to the ASX on 26 August 2016 ( FDV Prospectus ), certain pre-IPO shareholders entered into escrow restriction agreements whereby ordinary shares held at the time of the IPO were subject to escrow restrictions until the end of the relevant escrow period.
Pursuant to ASX Listing Rule 3.10A, FDV advises that 90,464,857 ordinary shares will be released from escrow on 27 August 2018.
FDV will apply for quotation of the escrowed shares upon their release from escrow in accordance with the ASX Listing Rules.
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For more information, please contact:
Shaun Di Gregorio Mark Licciardo Chief Executive Officer Company Secretary Tel: +60 17 207 6221 Tel: +613 8689 9997 Email: [email protected] Email: [email protected]
About FDV Limited
FDV is a leading operator of online classifieds businesses in underdeveloped, emerging countries or regions. With a track record of building and supporting market leading online businesses, FDV is an expert in the online classifieds space with a particular focus on property and automotive verticals and general classifieds websites. Its portfolio currently consists of interests in 15 leading companies, operating businesses across 15 markets. With the extensive support offered to the local operating companies, coupled with its own energy and work ethic, FDV is bringing outstanding companies of global significance to their full potential and setting a new global standard of excellence in the field.
Frontier Digital Ventures Ltd 39-8 The Boulevard, Mid Valley City, Lingkaran Syed Putra 59200 Kuala Lumpur, Malaysia Tel: +60 3 2201 0790 www.frontierdv.com