MAXIPARTS LIMITED — Share Issue/Capital Change 2021

Aug 17, 2021

Notification of Consolidation/Split

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Announcement Summary

Entity name

MAXITRANS INDUSTRIES LIMITED

Applicable security for the reorganisation

MXI	ORDINARY FULLY PAID
MXIAI	PERFORMANCE RIGHTS

Announcement Type

Update to previous announcement Date of this announcement 18/8/2021 Reason for the Update Error in timetable for consolidation

Refer to below for full details of the announcement

Notification of Consolidation/Split

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Notification of Consolidation/Split

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Announcement Details

Part 1 - Entity and announcement details

1.1 Name of +Entity

MAXITRANS INDUSTRIES LIMITED 1.2 Registered Number Type Registration Number ACN 006797173 1.3 ASX issuer code MXI 1.4 The announcement is Update/amendment to previous announcement 1.4a Reason for update to a previous announcement Error in timetable for consolidation 1.4b Date of previous announcement(s) to this update 9/8/2021

1.5 Date of this announcement 18/8/2021

1.6 Securities affected by the consolidation or split

ASX +Security Code ASX +Security Description MXI ORDINARY FULLY PAID MXIAI PERFORMANCE RIGHTS

Part 2 - Approvals

2.1 Are any of the below approvals required for the consolidation or split before business day 0 of the timetable? Security holder approval Court approval Lodgement of court order with +ASIC ACCC approval FIRB approval

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Notification of Consolidation/Split

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Another approval/condition external to the entity required to be given/met before business day 0 of the timetable for the consolidation or split.

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Yes

2.2 Approvals

Approval/Condition	Date for determination	Is the date estimated or	Approval
+Security holder approval	27/8/2021	actual?	received/condition met?
		Actual	No

Comments

Effective date will be the date of Completion of the sale of the Trailer Business, for which approval is also being sought at the meeting of security holders on 27 August 2021.

Part 3 - Consolidation or split timetable and details

3.1 +Record date

3/9/2021

3.2 Date of +security holder meeting

27/8/2021

3.2a Effective date of consolidation or split

31/8/2021

3.3 Last day for trading in the pre consolidation or split +securities

1/9/2021

3.4 Trading in the post consolidation or split +securities commences on a deferred settlement basis.

2/9/2021

3.5 Record date

3/9/2021

3.6 First day for entity to update its register and to send holding statements to +security holders reflecting the change in the number of +securities they hold.

6/9/2021

3.7 Last day for entity to update its register and send holding statements to +security holders reflecting the change in the number of +securities they hold and to notify ASX that this has occurred. (+Issue Date) 10/9/2021

3.8 Trading starts on a normal T+2 basis

13/9/2021

3.9 First settlement of trades conducted on a +deferred settlement basis and on a normal T+2 basis

15/9/2021

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Notification of Consolidation/Split

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Part 4 - Event type and details

4.1 The event is

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+Security consolidation

4.1a Consolidation ratio: the +securities will be consolidated on the basis that every

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(pre-consolidation) +securities will be consolidated into 1

(post-consolidation) +security (/ies).

4.2 Scrip fraction rounding

Fractions rounded up to the next whole number

Part 5 - +Securities on issue before and after consolidation or split

5.1 +Securities on issue before and after the consolidation or split

ASX +Security Code	ASX +Security Description
MXI	ORDINARY FULLY PAID
Quoted/unquoted	Number on issue pre	Number on issue post		Estimate/Actual
Quoted	consolidation or split	consolidation or split		Actual
	185,075,653	37,015,131
ASX +Security Code	ASX +Security Description
MXIAI	PERFORMANCE RIGHTS
Quoted/unquoted	Number on issue pre	Number on issue post		Estimate/Actual
Unquoted	consolidation or split	consolidation or split		Actual
	10,179,476	2,035,895
5.2 Exercise price of options
ASX +Security Code	ASX +Security Description
MXIAI	PERFORMANCE RIGHTS
Quoted/unquoted	Exercise price pre consolidation or		Exercise price post	consolidation or
Unquoted	split		split
	AUD 0.00000000		AUD 0.00000000

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Notification of Consolidation/Split

Part 6 - Further information

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6.1 Further information relating to the consolidation or split

The consolidation of the entity's securities is conditional on the security holders approval a disposal of the entity's main undertaking, at the security holders meeting on 27 August 2021.

6.2 Additional information for inclusion in the Announcement Summary

Notification of Consolidation/Split

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