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SCHOOLBLAZER LIMITED Capital/Financing Update 2020

Jun 8, 2020

65751_rns_2020-06-08_3f3052b0-fefc-45a7-b837-1b4d44000adf.pdf

Capital/Financing Update

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9 June 2020

Australian Securities Exchange Company Announcements Office Authorised for immediate release

Expiry of Options

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HGL Limited (ASX: HNG) (HGL or the Company) advises the expiry at the close of business on Friday 5 June 2020 of 500,000 unlisted options exercisable at $0.45 and 500,000 unlisted options exercisable at $0.50, due to the resignation of The Hon. Helen Coonan from the HGL board.

Following the expiry of the abovementioned options, the Company will have the following capital structure:

QUOTED

Fully paid ordinary shares 75,622,581

UNQUOTED

Nil

For further information, contact: Greg Timar CEO [email protected] Office: 02 8667 4661

About HGL Ltd

HGL is an investment company which invests in small to medium size businesses with a sustainable competitive advantage and strong growth prospects, providing them with specialist business management skills and equity capital to leverage these growth opportunities. Our core purpose is to create shareholder value through active long-term ownership in our portfolio businesses, driving sustainable growth through a strong focus on customers and employees.

www.hgl.com.au