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RENT.COM.AU LIMITED — Capital/Financing Update 2016
May 30, 2016
65722_rns_2016-05-30_a4f09b12-7377-44d5-8dfd-e568458b7c6f.pdf
Capital/Financing Update
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ASX Announcement
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31 May 2016
RESTRICTED SECURITIES TO BE RELEASED FROM ASX ESCROW
Rent.com.au Limited (ASX: RNT ) ( “RENT” or “the Company” ) advises that in accordance with ASX Listing Rule 3.10A, the following securities will be released from escrow on 17 June 2016:
| Security Description | Release Date | Number |
|---|---|---|
| Ordinary fully paid restricted | 17 June 2016 | 4,227,602 |
| Class B Performance Shares | 17 June 2016 | 3,805,516 |
| Class C Performance Shares | 17 June 2016 | 1,976,488 |
ENDS
Further information: John Gardner / Peter Kermode, Citadel-MAGNUS +61 8 6160 4900
ABOUT RENT.COM.AU
Rent.com.au is the only national web portal in Australia that focuses entirely on the property rental market and includes listings from both property agents and non-agent private landlords. Rent.com.au was established in 2007 by experienced real estate and new media entrepreneur Mr Mark Woschnak, who has more than 25 years’ experience in real estate, digital publishing and classified services.
Since inception, Rent.com.au has focused on the development of the necessary technology, product alliances and critical mass of content to be ready to fully commercialise the platform. It is commercialising the site by deploying a national marketing campaign to increase traffic to the site and agent listings content, as well as commencing shifting the large volume of offline non-agent landlord listings to online at www.rent.com.au.