JATCORP LIMITED — Capital/Financing Update 2016

Dec 28, 2016

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29 December 2016

ASX Company Announcements Office ASX Compliance Pty Limited 20 Bridge Street SYDNEY NSW 2000

Rights Issue Result and Shortfall Notice

Jatenergy Limited (ASX: JAT) is pleased to advise its Non-Renounceable Rights Issue closed on 22 December 2016. Under the Rights Issue, existing shareholders, including the underwriters applied for 15,660,185 New Shares totalling receipts of $156,602 before costs.

A summary of the results are as follows:-

A summaryof the results are as follows:-
	No of shares	Subscription Funds
Applications for entitlement shares	6,949,327	$69,493
Shortfall	8,710,858	$87,109
Application of shortfall
Underwritten shares	5,238,106	$52,381
Additional shares accepted	3,472,752	$34,728
Total applications accepted	15,660,185	$156,602

The Directors accepted all applications for entitlements shares. From the Shortfall, the Directors applied 5,238,106 being the number of Shares agreed to be underwritten and accepted approximately 50% of all applications for Additional Shares from existing shareholders. Refunds will be forwarded to relevant shareholders along with advices of new holdings.

The Offer was partially underwritten to $52,381 by related parties of Mr Tony Crimmins, Executive Chairman, who underwrote $23,674 Mr Wilton Yao, director who underwrote $6,818 and Mr Adam Hajek, a substantial shareholder who underwrote $21,889. There was no fee paid to the underwriters. The underwriters also took up their full entitlements.

Proceeds from the rights issue will be used as general working capital, including the costs of office and corporate administration.

Notice of Shortfall

The Company advises that following acceptance of the above applications there is no Shortfall from the Offer.

The Directors would like to thank all shareholders who subscribed to the Rights Issue.

Yours faithfully Graeme Hogan Company Secretary

Floor 6, Suite 8, 55 Miller Street, PYRMONT NSW 2009