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LASERBOND LIMITED Earnings Release 2016

Aug 28, 2016

65215_rns_2016-08-28_f0bb608e-e4ab-4864-902a-8395edcbcf08.pdf

Earnings Release

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APPENDIX 4E

RESULTS FOR ANNOUNCEMENT TO THE MARKET

Year To 30th June Year To 30th June
2016 2015
Revenues from ordinary activities $10,515,581 Up %10.2 from $9,546,595
Net Profit / (Loss) from Ordinary
Operating Activities after Tax $78,745 Down 78.5% from $366,766
Attributable to Members
Net Profit / (Loss) Attributable to $78,745 Down 78.5% from $366,766
Members
Earnings per share (cents) from profit 0.09c Down 78.6% from 0.42c
attributable to members
Net Tangible Assets per Ordinary Share 0.93c Up 38.8% from 0.67c
(NTA Backing - cents)
Note: As at 30thJune 2016 total number of shares issued were 89,410,345 compared to 87 608,466 as at 30thJune, 2015.

Dividend Information

DividendsAmount PerShare(cents) TotalFrankedAmount Record Date Payment Date
Interim0.2Final0.2 $177,227100%$178,821100%$356,048 17 March 169thSeptember 16 8 April 167thOctober 16

Since year end the Board has considered the group’s needs for cash to fund growth and resolved to maintain dividends at the same level as 2015 with the payment of a final 2016 dividend of 0.2 cents per share, fully franked based on tax paid at 30%. As the Board resolution regarding dividends was made after 30 June 2016, the dividend will be paid from retained earnings but is not recognised as a liability in the financial statements at year end.

Dividend Reinvestment Plans

During the period LaserBond Limited had a Dividend Reinvestment Plan (DRP) in operation. Under the DRP shareholders may elect to have dividends on some or all of their ordinary shares automatically reinvested in additional LaserBond shares, at a discount to the market price. Full details of the operation of the DRP are contained in the Terms and Conditions available on the LaserBond website: http://www.laserbond.com.au/investorrelations.html.

The Board has resolved to offer the DRP for the 2016 Final Dividend. The discount applied to determine the Market Price in accordance with the DRP Terms and Conditions will be 5%.

In order to participate in the DRP for this dividend, shareholders that have not already done so must return a completed DRP Application Form to arrive at the share registry (Boardroom Pty Ltd) by 9[th] September 2016. The form will be mailed shortly to all shareholders that have not already submitted a completed form. The form is also available on our website: http://www.laserbond.com.au/investor-relations.html. Shareholders that have already returned the form need not complete another, unless a change in the level of participation is being requested.

Brief Explanation of Results:

Please refer to the Directors’ Reports on pages 15 to 21 of the annual report lodged immediately after this announcement for detail on revenue and operating results, including development plans to ensure future growth and profits.

Preliminary Statement of Profit or Loss and Other Comprehensive Income

Refer to page 26 and accompanying notes from page 30 of the annual report lodged immediately after this announcement.

Preliminary Statement of Financial Position

Refer to page 27 and accompanying notes from page 30 of the annual report lodged immediately after this announcement

Preliminary Statement of Cash Flows

Refer to page 28 and accompanying notes from page 30 of the annual report lodged immediately after this announcement

Preliminary Statement of Retained Earnings

Refer to page 29 and accompanying notes from page 30 of the annual report lodged immediately after this announcement

Details of Subsidiaries

During the period from 1[st] July 2015 to 30[th] June 2016, LaserBond Limited has not gained or lost control over any entities.

Details of Associates and Joint Venture Entities

During the period from 1[st] July 2015 to 30[th] June 2016, LaserBond Limited has no interest in any Associates or Joint Venture Activities.

Accounting Standards

Australian Accounting Standards, including Australian equivalents to International Financial Reporting Standards (AIFRS) have been used in compiling the information contained in this Appendix 4E.

Audit Disputes or Qualifications

This report is based on accounts which have been audited. Please refer to Note 1 of the Annual Report lodged immediately after this announcement from page 30 for details.