PPK GROUP LIMITED — Capital/Financing Update 2018

Dec 3, 2018

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ASX ANNOUNCEMENT

FOR IMMEDIATE RELEASE TO THE MARKET PPK Group Limited – ASX Code: PPK

Tuesday 4 December 2018

AICIC/BNNT ACQUISITION UPDATE: CAPITAL RAISING

PPK Group Limited (ASX:PPK) ( Company ) refers to its announcement dated 13 November 2018 regarding the proposed acquisition of AIC Investment Corporation Pty Ltd (AICIC).

The Company is pleased to advise that it has to today completed the allotment of 3,300,000 shares @ $0.35. This completes the capital raise process being undertaken by the Company within its 15% capacity under ASX Listing Rule 7.1.

As previously advised, and as part of the initial capital raising process relating to the funding of the AICIC/BNNT transaction, the Company also agreed to place a further 1,000,000 shares @ $0.35. In order to complete this component of the capital raise the Company now proposes to include this as an item of business to be considered for approval at the Extraordinary General Meeting of the Company to be held in February 2019 in relation to the finalisation of the AICIC/BNNT acquisition.

The Company also advises that it has completed the initial funding of AICIC through a $3,600,000 loan to AICIC.

For further information contact:

Robin Levison

Executive Chairman of PPK Group Limited on 07 3054 4500.

PPK GROUP LIMITED

ABN: 65 003 964 181

Level 27, 10 Eagle St, Brisbane QLD 4000 GPO Box 754, Brisbane Qld 4001 Tel: +61 7 3054 4500 Fax: +61 7 3054 4599