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JAYRIDE GROUP LIMITED Capital/Financing Update 2024

Jan 31, 2024

65156_rns_2024-01-31_be35369a-6bea-4cfa-abde-bc4090d765b4.pdf

Capital/Financing Update

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Market Announcement

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1 February 2024

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Jayride Group Limited (ASX: JAY) – Trading Halt

Description

The securities of Jayride Group Limited (‘JAY’) will be placed in trading halt at the request of JAY, pending it releasing an announcement. Unless ASX decides otherwise, the securities will remain in trading halt until the earlier of the commencement of normal trading on Monday, 5 February 2024 or when the announcement is released to the market.

Issued by

ASX Compliance

Market Announcement 1/1 ASX Customer Service Centre 131 279 | asx.com.au

1 February 2024 ASX Limited

#10685911v1

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Salvador Caldwell Adviser Listings Compliance (Sydney) ASX Compliance Pty Ltd 20 Bridge Street Sydney NSW 2000

By email: [email protected]; [email protected]

1 February 2024

Dear Salvador,

Request for Trading Halt

Pursuant to ASX Listing Rule 17.1, Jayride Group Limited (ASX:JAY) ( Jayride or the Company ) requests an immediate trading halt in the Company’s securities pending the completion of a capital raising.

Jayride anticipates that the trading halt will be lifted on or before Monday, 5 February 2024 by provision of an announcement to the ASX regarding the capital raising.

The Company is not aware of any reason why the trading halt should not be granted.

Yours sincerely,

Sonny Didugu Company Secretary

Jayride Group Limited (ACN 155 285 528) – 1