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JAYRIDE GROUP LIMITED — Capital/Financing Update 2018
Dec 10, 2018
65156_rns_2018-12-10_a19228a7-4e2b-4976-9be7-0ea690238b7f.pdf
Capital/Financing Update
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ASX Announcement
11th December 2018
Release of Options from Escrow
Jayride Group Limited (ASX:JAY) (“ Jayride” or the “ Company” ) the e-commerce marketplace that allows travellers to compare and book airport transfers from
3,000+ transport companies, advises that in accordance with Listing Rule 3.10A, a total of 9,929,329 Unlisted Options exercisable at $0.553 expiring on 31 March 2020 ( Unlisted Options ) will be released from escrow on 18 December 2018.
The Unlisted Options were issued in December 2017 prior to the Company’s admission to the Australian Securities Exchange, and were subject to an escrow period of 12 months from their issue.
As the Unlisted Options are not being listed, the Company will not apply for quotation upon the release of the Options from escrow.
For more information please contact
Henry Kinstlinger
Company Secretary Email: [email protected]
Jayride Group Limited (ACN 155 285 528)
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About Jayride Group Limited
Jayride.com provides seamless transport experiences for travellers by allowing them to compare and book ground transfers around the world. With Jayride.com, travellers can compare and book with 3,000+ transport companies, servicing local destinations including over 500+ airports across North America, Europe, Asia and the Pacific.
The Jayride.com platform aggregates ground transport companies and distributes them to travellers at Jayride.com; and via partnerships with other travel technology platforms, travel agencies and wholesalers. These partners implement Jayride.com APIs to sell ground transport and add new incremental ancillary revenue to their travel businesses.
Founded in 2012, Jayride.com is headquartered in Sydney, Australia.
For more information, please visit www.jayride.com
Jayride Group Limited (ACN 155 285 528)
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