IKEGPS GROUP LIMITED — Capital/Financing Update 2017

Aug 15, 2017

MARKET RELEASE

16 August 2017

IKEGPS Group Limited

TRADING HALT

The securities of IKEGPS Group Limited (the “Company”) will be placed in Trading Halt Session State at the request of the Company, pending the release of an announcement by the Company. Unless ASX decides otherwise, the securities will remain in Trading Halt Session State until the earlier of the commencement of normal trading on Friday, 18 August 2017 or when the announcement is released to the market.

Security Code: IKE

Kate Kidson

PRINCIPAL ADVISER, LISTINGS COMPLIANCE (MELBOURNE)

ASX Compliance Pty Limited ABN 26 087 780 489

20 Bridge Street Sydney NSW 2000

www.asx.com.au Customer service 13 12 79

16 August 2017

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

ASX Limited 20 Bridge Street Sydney New South Wales 2000 Australia

NOT FOR RELEASE

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REQUEST FOR TRADING HALT - IKEGPS GROUP LIMITED (NZX CODE IKE) (ASX CODE IKE)

ikeGPS Group Limited (NZX:IKE) (ASX: IKE) requests that a trading halt be placed on its securities listed on the NZX Main Board and ASX effective prior to the commencement of trading on Wednesday 16 August 2017.

This request is made pursuant to NZX Main Board / Debt Market Listing Rule 5.4.1(a) and ASX Listing Rule 17.1, and ikeGPS advises the following information in support of this request:

• (a) IKE has received firm expressions of interest from Australian institutional investors and New Zealand wholesale investors to invest in IKE by way of subscription for ordinary shares. IKE intends to effect a placement under NZX Main Board / Debt Market Listing Rule 7.3.5 to issue up to 12,854,182 ordinary shares (being 20% of ordinary shares currently on issue) to those Australian institutional investors and selected existing wholesale investors ( Placement ).

• (b) IKE has filed a notice under clause 20(1)(a) of Schedule 8 to the Financial Markets Conduct Regulations 2014 for the purposes of undertaking the Placement.

• (c) IKE has engaged Lodge Corporate Pty Limited ( Lodge ) to assist it with the Placement. IKE considers that a trading halt is desirable to enable Lodge and IKE to facilitate completion of the Placement by a book build, and to ensure an orderly market during the book build.

• (d) IKE expects to announce the outcome of the Placement prior to the commencement of trading on 18 August 2017 (New Zealand time) such that the trading halt can be lifted.

• (e) IKE is not aware of any reason why the trading halt should not be granted.

• (f) IKE is not aware of any other information necessary to inform the market about the trading halt.

Yours sincerely

Chris Birkett Chief Financial Officer ikeGPS Group Limited

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