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NEXTED GROUP LIMITED Capital/Financing Update 2016

May 31, 2016

65463_rns_2016-05-31_43a7ae17-389c-4d73-ae6b-0e08e0bf9e79.pdf

Capital/Financing Update

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1 June 2016

Australian Securities Exchange Limited

Via e - lodgment – ASX Code ICT

AMENDED RIGHTS ISSUE TIMETABLE

The Company advises that it has amended the indicative timetable for its underwritten Non-renounceable Rights Issue, as announced to the ASX on 26 May 2016.

A copy of the Offer Document will be provided to shareholders based on the following amended indicative timetable:

Lodgement of offer document with ASX 6 June 2016
Notice sent to shareholders 8 June 2016
Ex date 9 June 2016
Record date for entitlements 10 June 2016
Opening date and dispatch of offer document to shareholders 14 June 2016
Last day to extend the offer 27 June 2016
Closing date of offer 30 June 2016
Securities quoted on a deferred settlement basis 1 July 2016
Notification of under subscriptions 5 July 2016
Allotment of shares and dispatch of holding statements 7 July 2016

iCollege Ltd ABN 75 105 012 066 ASX: ICT

Suite 1 Ground Floor

P: (08) 9466 9008 F: (08) 9381 1122 Email: [email protected]

437 Roberts Road Subiaco WA 6008

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About iCollege Limited:

iCollege Limited is an ASX listed training organisation positioned to become one of Australia's leading educators.

iCollege has a demonstrated commitment and clear strategy to provide ethical and sustainable training to Australian students through over 80 accredited courses. This has enabled the Company to achieve high quality student outcomes, including course completion rates of over 70 per cent of students, against an industry average of around 35 per cent. iCollege students have excellent employment prospects upon graduation and are assisted through iCollege’s growing network of strategic partnerships with peak industry bodies, like the Western Australian Business Association and Clubs Queensland.

For further Information:

Mr Ross Cotton Executive Chairman iCollege Limited +61 8 9466 9008 [email protected]

iCollege Ltd ACN 75 105 012 066 ASX: ICT

Suite 1 Ground Floor 437 Roberts Road Subiaco WA 6008

P: (08) 9466 9008 F: (08) 9381 1122 Email: [email protected]

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