JAYRIDE GROUP LIMITED — Capital/Financing Update 2020

Nov 4, 2020

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ASX Announcement 5th November 2020

Email to Shareholders

In accordance with the requirements of Listing Rule 3.1, Jayride provides the following email correspondence sent to all shareholders that have provided email contact details.

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SPP – Offer Open, Closes Soon on 9th November

Jayride Group Limited (ASX:JAY) (​ “Jayride”​ or the ​ “Company”​ ) the world leading global travel marketplace for airport transfers is pleased to advise that its Share Purchase Plan (​ “SPP”​ ) offer is now open to eligible shareholders, providing the opportunity to purchase up to $30,000 of new Shares under the SPP at $0.15 (the ​ “SPP Offer”​ ).

• Shareholders are invited to participate in the SPP at the same price as the recent fully subscribed placement

• Funds will be used to support Jayride’s growth strategy to capture market share

• The offer closes 9th November 2020 at 5pm (AEDT) (unless closed or extended)

Rod Bishop, Managing Director noted,​ “We are delighted with the support for the recent Placement from both existing and new investors. This is a strong endorsement of Jayride’s strategy and ability to grow and capture market share as the travel recovery continues.

"We are pleased to provide eligible shareholders with the opportunity to participate in the SPP at the same price as the Placement.”

View the Share Purchase Plan Offer Document

Your SPP Offer document has been mailed or emailed to you separately.

If you need another copy of your SPP Offer document and Application Form, or have any questions in relation to the Offer or how to complete the Application Form, please call the Jayride share registry, Computershare, on 1300 850 505 (within Australia) or +61 3 9415 4000 (outside Australia) at any time from 8:30 am to 5:00 pm (AEDT) Monday to Friday.

Jayride Group Limited (ACN 155 285 528)

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Latest Market Updates from Jayride

Quarterly Update

Improved Cash Flows as Travel Recovery Continues

• Quarterly Business Review and Appendix 4C

• Quarterly Business Review Call Transcript

Other Recent Updates

• Jayride Completes Placement to Support Growth Strategy

• Jayride Trips Grow 163%

• FY20 Results Investor Presentation

• FY20 Results Call Transcript

View the Share Purchase Plan Offer Document

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For more information please contact

Rod Bishop Managing Director Email: ​corporate@jayride.com

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

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.

Jayride Group Limited (ACN 155 285 528)

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