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MOVE APPLIES FOR ASX DUAL FOREIGN EXEMPT LISTING

Listing Change21 April 2022MOVIndustrials

Company Announcement
22 April 2022


MOVE APPLIES FOR ASX DUAL FOREIGN EXEMPT LISTING

Transport and logistics group, MOVE Logistics Group Limited (NZX: MOV), is pleased to advise that it

has lodged an application with the Australian Stock Exchange (ASX) to dual list as a Foreign Exempt

Entity. The application is currently under review by ASX and, subject to acceptance, MOVE expects to

be dual listed on the ASX by the end of May 2022.

MOVE intends to retain its primary listing on the NZX Market (NZX).

The Board believes this is a natural progression for the company, to facilitate greater access to

capital and provide alignment with MOVE’s growing Australian investor base.

MOVE Chair, Lorraine Witten, said: “We remain committed to our New Zealand shareholder base

and our intention is to remain a New Zealand domiciled business. A number of Australian investors

joined the register at the time of the October 2021 capital raise and we have seen continued interest

since then.

“The re-set of the business is well underway and the Board is confident in the company’s future

prospects. The dual listing is a way of accessing a broader pool of institutional and retail investors,

increasing liquidity and facilitating greater access to future capital to fund growth opportunities.”

ENDS


For further information, please contact:


Chris Dunphy

Executive Director

Phone: +61 417 888 930

Email: Chris@movelogistics.com

Lee Banks

Chief Financial Officer

Phone: +64 27 525 2876

Email: Lee.Banks@movelogistics.com


For media assistance, please contact: Jackie Ellis t: + 64 27 246 2505 e: jackie@ellisandco.co.nz


About MOVE Logistics Group Limited (MOV)

MOVE is one of the largest domestic freight and logistics businesses in New Zealand, with a

nationwide network of branches, depots and warehouses.

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