RENT.COM.AU LIMITED — Capital/Financing Update 2019

Jun 26, 2019

==> picture [126 x 74] intentionally omitted <==

ASX Release

27 June 2019

RIGHTS ISSUE CLOSING DATE EXTENDED, LOAN AGREEMENT SIGNED

On 6 May 2019 Rent.com.au Limited (ASX: RNT ) (“ RENT ” or “ the Company ”), Australia’s Number 1 website dedicated to rental property lodged an Offer Document in respect of a fully underwritten non-renounceable entitlement issue of one (1) New Share at $0.036 per Share for every six (6) Shares held by eligible shareholders on the record date (the “ Offer ”).

The Company wishes to notify Eligible Shareholders that following requests from shareholders, the Board has resolved to further extend the Closing Date of the Offer to 5pm (WST) on 9 July 2019 to allow shareholders time to complete financial year end processes prior to the Closing Date.

As a result of this change, the updated Indicative Timetable for the Offer is as follows:

Event	New Date
Closing Date	9 July 2019
Securities quoted on a deferred settlement basis	10 July 2019
Company to notify ASX of under subscriptions (if any)	12 July 2019
Anticipated issue date of the Shares / sending of security holder statements	16 July 2019
Deferred settlement trading ends	16 July 2019

Concurrently, the Company has also entered into a loan agreement with Pinnacle Corporate Finance Pty Ltd, the underwriters of the Offer. The loan is expected to be repaid from proceeds of the Offer (including any shortfall placed with the underwriter) on the settlement date of any shortfall to the Offer. The key terms of the loan agreement are as follows:

• Loan amount: $200,000

• Maturity date: Settlement date of the Offer ( i.e. 16 July 2019 per the Indicative Timetable above )

• Interest: The loan is interest free

• Security: The loan is unsecured

Other terms and conditions are consistent with agreements of this nature.

By order of the Board

Jan Ferreira Company Secretary

==> picture [15 x 15] intentionally omitted <==