ORCODA LIMITED — Share Issue/Capital Change 2018

Aug 5, 2018

Notification of Consolidation/Split

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Notification of Consolidation/Split

Announcement Summary

Entity name

SMARTTRANS HOLDINGS LTD

Applicable security for the reorganisation

SMA ORDINARY FULLY PAID SMAAA OPTION EXPIRING VARIOUS DATES EX VARIOUS PRICES

Announcement Type

New Announcement

Date of this announcement Monday August 6, 2018

Reorganisation type

Security consolidation Effective Date Thursday August 9, 2018

Record Date Friday August 10, 2018

Issue Date

Friday August 17, 2018

Refer to below for full details of the announcement

Announcement Details

Part 1 - Entity and announcement details

1.1 *Name of +Entity

SMARTTRANS HOLDINGS LTD

Registration Number

1.2 *Registered Number Type

ACN 009065650

1.3 *ASX issuer code

SMA

1.4 *The announcement is

New announcement

1.5 *Date of this announcement

Monday August 6, 2018

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1.6 *Securities affected by the reorganisation

SMA ORDINARY FULLY PAID SMAAA OPTION EXPIRING VARIOUS DATES EX VARIOUS PRICES

Part 2 - Approvals

2.1 *Are any of the below approvals required for the reorganisation before business day 0 of the timetable?

• Security holder approval Court approval Lodgement of court order with +ASIC ACCC approval

• FIRB approval

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

Yes

2.2 Approvals

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Approval/Condition Date for determination Is the date estimated Approval
+Security holder Tuesday August 7, or actual? received/condition
approval 2018 Actual met?
[Select...]
Comments
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Part 3 - Reorganisation timetable and details

3.1 *+Record date

Friday August 10, 2018

3.2 Date of +security holder meeting

Tuesday August 7, 2018

3.3 Last day for trading in the pre-re-organised +securities

Wednesday August 8, 2018

3.4 *Effective date. Trading in the re-organised securities commences on a +deferred settlement basis. If the +entity's securities are suspended from trading during this period there will be no +deferred settlement trading however ASX still captures this date.

Thursday August 9, 2018

3.5 Record date

Friday August 10, 2018

3.6 First day for +entity to send notices to +security holders of the change in the number of +securities they hold. First day for +entity to register +securities on a post-reorganised basis Monday August 13, 2018

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3.7 *+Issue date. +Deferred settlement market ends. Last day for +entity to send notices to

+security holder of the change in the number of +securities they hold. Last day for +entity to register +securities on a post-reorganised basis

Friday August 17, 2018

3.8 Trading starts on a normal T+2 basis

Monday August 20, 2018

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

Wednesday August 22, 2018

Part 4 - Reorganisation type and details

4.1 *The reorganisation is

+Security consolidation

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

75

(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 reorganisation

5.1 *+Securities on issue before and after the reorganisation

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ASX +Security Code ASX +Security
SMA Description
ORDINARY FULLY
PAID
Quoted/unquoted Number on issue Number on issue after Estimate/Actual
Quoted before reorganisation reorganisation Estimated
6,567,069,695 87,560,929
ASX +Security Code ASX +Security
SMAAA Description
OPTION EXPIRING
VARIOUS DATES EX
VARIOUS PRICES
Quoted/unquoted Number on issue Number on issue after Estimate/Actual
Unquoted before reorganisation reorganisation Estimated
494,826,233 6,597,683
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5.2 *Exercise price of options

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ASX +Security Code ASX +Security Description SMAAA OPTION EXPIRING VARIOUS DATES EX VARIOUS PRICES Quoted/unquoted Exercise price before Exercise price after Unquoted reorganisation reorganisation AUD 0.00000000 AUD 0.00000000 Part 6 - Further information 6.1 Further information relating to the reorganisation 6.2 Additional information for inclusion in the Announcement Summary

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