JAYRIDE GROUP LIMITED — Capital/Financing Update 2020

Nov 8, 2020

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ASX Announcement 9th November 2020

SPP Offer Period Extended

Jayride Group Limited (ASX:JAY) (“​ Jayride”​ or the “​ Company”​ ) the world leading global travel marketplace for airport transfers advises that the closing date of the Share Purchase Plan (​ “SPP”​ ) has been extended to 5:00 pm (AEDT) on 18th November 2020.

The board is committed to sound governance and respecting all shareholders of the Company. The extension of the SPP closing date will allow eligible shareholders additional time to consider the offer and to submit their applications and payments.

The SPP will raise a maximum of $1 million to execute Jayride’s growth strategy and capture market share as the Company’s rebound from COVID-19 continues.

The SPP is priced at $0.15. Further details are outlined in the offer document which was released on 27th October 2020, and which should be read in full before determining whether to take up your entitlement under the SPP.

The revised indicative timetable for the SPP is below:*

SPP Closes – Closing date for acceptances	Wednesday 18th November 2020
Announcement of results	Wednesday 25th November 2020
Issue of new shares	Friday 27th November 2020

• Dates are indicative only and subject to change. The Company reserves the right to vary the above dates subject to the ASX Listing Rules and the Corporations Act.

Applications and payment must now be received by 5pm (AEDT) on Wednesday 18th November 2020.

For more information please contact

Rod Bishop

Managing Director Email: ​corporate@jayride.com

ASX release authorised by Rod Bishop, Managing Director, Jayride Group Limited.

Jayride Group Limited (ACN 155 285 528)

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About Jayride Group Limited (ASX:JAY)

Jayride.com is the world’s leading publicly listed airport transfers marketplace, where travellers compare and book rides around the world. With Jayride.com, travellers can compare and book with 3,700+ ride service companies, servicing 1,600+ airports in 110+ countries around the world, including the Americas, Europe, Middle East, Africa, Asia and the Pacific.

The Jayride.com platform aggregates ride service companies and distributes them to travellers at Jayride.com; and via travel brand partners including other technology platforms, travel agencies and wholesalers. These travel brands implement Jayride APIs to sell door–to–door ride services that build traveller confidence and defend their core travel business.

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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