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ikeGPS Group Limited Capital/Financing Update 2017

Aug 16, 2017

66213_rns_2017-08-16_f127d334-46b3-4570-bc93-4e32986c090c.pdf

Capital/Financing Update

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16 August 2017

BY EMAIL: [email protected]

NZX Limited Issuer Regulation Level 1, NZX Centre 11 Cable Street WELLINGTON

IKEGPS GROUP LIMITED – ANNOUNCES PLACEMENT

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New Zealand, 16 August 2017 – ikeGPS Group Limited (NZX: IKE) (ASX: IKE) ( ikeGPS ) today announces that it has received firm expressions of interest from Australian and New Zealand institutional and wholesale investors to invest in ikeGPS, and ikeGPS is now seeking to finalise the placement of shares to those selected existing wholesale investors in ikeGPS. The placement is being made in reliance on NZX Main Board Listing Rule 7.3.5. Accordingly, ikeGPS has requested a trading halt until that process has been completed. Immediately prior to this announcement ikeGPS filed a notice under clause 20(1)(a) of Schedule 8 to the Financial Markets Conduct Regulations 2014 and ASIC Instrument 16-1121 for the purposes of undertaking the placement.

Contact

ikeGPS Group Limited Chris Birkett Chief Financial Officer

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