IKEGPS GROUP LIMITED — Capital/Financing Update 2018

Aug 28, 2018

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29 August 2018

BY EMAIL: announce@nzx.com

Client Market Services NZX Limited Level 1, NZX Centre 11 Cable Street Wellington

IKEGPS GROUP LIMITED (NZX:IKE) – ISSUE OF ORDINARY SHARES

For the purposes of Listing Rule 7.12.1, ikeGPS Group Limited advises the following securities have been issued on 29 August 2018:

• a Class of security Ordinary shares ISIN NZIKEE0001S9

• b Number issued 9,615,384 c Nominal value N/A Issue Price $0.52 per ordinary share

• d Payment terms Payable in cash e Amount paid up Fully paid ordinary shares f Principal terms of the The shares have identical rights, privileges, securities limitations and conditions as, and rank equally with, the existing ordinary shares

• g Percentage of class of 12.26% of the total number of fully paid ordinary securities shares prior to this issue (rounded to 2 decimal places)

• h Reason for issue Allotment under placement (capital raising) i Authority for issue Listing Rule 7.3.5 j Terms of issue The shares were issued with identical rights, privileges, limitations and conditions as, and rank equally with, the existing ordinary shares

k Number of securities of 88,065,639 the class in existence after issue

l Treasury stock N/A Yours sincerely

Chris Birkett Chief Financial Officer ikeGPS Group Limited

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