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NOVIQTECH LIMITED Capital/Financing Update 2019

Nov 17, 2019

65456_rns_2019-11-17_92fc30e7-1f1d-4c99-b252-5c10c3c8c56a.pdf

Capital/Financing Update

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18 November 2019

ASX Announcement

Section 708A (5) (e) Notification

Tymlez Group Limited ( Company ) refers to the issue of 13,863,638 ordinary shares in the Company on 15 November 2019.

The Corporations Act 2001 (the Act) restricts the on-sale of securities issued without disclosure, unless the sale is exempt under Section 708 or 708A of the Act. By the Company giving this notice, sale of securities noted above will fall within the exemption in Section 708A (5) of the Act.

In accordance with section 708A (6) of the Act, the following information is provided:

  • a) this notice is given within 5 business days after the day of the issue;

  • b) the issue is without disclosure to investors under Part 6D.2 of the Act;

  • c) this notice is given under section 708A(5)(e) of the Act;

  • d) as at the date of this notice, the Company has complied with the provisions of Chapter 2M of the Act as they apply to the Company and section 674 of the Act; and

  • e) as at the date of this notice, there is no excluded information to be provided in accordance with section 708A(7) and (8) of the Act.

Mr Justyn Stedwell Company Secretary (03) 9191 0135

ABOUT THE TYMLEZ GROUP LIMITED ACN 622 817 421

ASX:TYM

TYMLEZ is an ASX listed enterprise software and technology company with a highly scalable, enterprise-grade solution, utilising the key features of the blockchain combined with open source software and TYMLEZ’s proprietary intellectual property. The TYMLEZ technology enables smart contract blockchain platforms customised for businesses and which can be deployed in minutes and or implemented via partners within an enterprise or across a consortium. The TYMLEZ technology meets key enterprise requirements of scale, robustness and security and can retrieve data from the customer’s legacy systems. This scalable platform which enables accelerated development, management, and deployment of enterprise blockchain applications.

TYMLEZ technology is currently deployed with a number of customers across Europe, Asia and Africa, including Grant Thornton and Save the Kids. There are also a growing number of highly credentialled industry partners working with TYMLEZ to drive sales and support the rollout, including Hewlett Packard enterprise; SUSE, the world’s largest integrator of SAP solutions; Plantation, a Boston Consulting Group division.; and CGI. Today, TYMLEZ is building a number of use cases for customers to leverage across asset tracking, secure document handling, KYC and HR onboarding, Market Settlement, and Loyalty Programmes.