MYECO GROUP LTD — Capital/Financing Update 2015

Jun 22, 2015

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TO: COMPANY ANNOUNCEMENTS OFFICE ASX LIMITED

DATE: 23 June 2015

RIGHTS ISSUE CLOSES OVERSUBSCRIBED

SECOS Group Limited (SECOS or the Company) is pleased to advise that its non-renounceable prorata Rights Issue announced on 15 May 2015 to raise approx. $2.4 Million, has closed oversubscribed by $0.66 Million

The Directors are pleased with the outcome of the Rights Issue, appreciate the support from the Shareholders and wish to thank those that participated in the capital raising.

All eligible shareholders who applied for new shares up to and including their entitlement will be issued those shares.

Under the terms of the issue, shareholders could, in addition to taking up their entitlement in full, apply for additional shares under the Top Up Facility. The Company has received applications for additional shares in excess of the Top Up Share pool available and accordingly, the Directors, in consultation with the Lead Manager- Patersons Securities Limited will now decide on the allocation of additional shares and applications to be scaled back.

Allotment and issue of the New Shares is expected to occur on Friday, 26 June 2015.

Richard Tegoni Chairman

Stephen Walters Managing Director