Corporate Action Notice – Share Placement

Template
Corporate Action Notice
(Other than for a Distribution)
Updated January 2024
Page 1 of 4
•
Section 1: Issuer information (mandatory)
Name of issuer Truscreen Group Limited
Class of Financial Product Ordinary shares
NZX ticker code TRU
ISIN (If unknown, check on NZX
website)
NZTRUE0001S7
Name of Registry Link market Services
Type of corporate action
(Please mark with an X in the relevant
box/es)
Share Purchase
Plan/retail offer
Renounceable
Rights issue or
Accelerated
Offer

Capital
reconstruction
Non-
Renounceable
Rights issue or
Accelerated
Offer

Call Bonus issue
Placement X
Record date
Ex Date (one business day before the
Record Date)

Currency NZ$
External approvals required before offer
can proceed on an unconditional basis?
No
Details of approvals required N/A
Section 2: Rights issue or Accelerated Offer
(delete full section if not applicable, or mark rows as N/A if not applicable)*
If Accelerated Offer, structure [AREO, ANREO, SAREO, PAITREO etc]
Number of Rights to be issued or
entitlements available for security
holders in the Accelerated Offer

Maximum number of Equity Securities
to be issued if offer is fully subscribed

ISIN of Rights (if applicable)
Oversubscription facility

2 of 4
Details of scaling arrangements for
oversubscriptions

Entitlement ratio (for example 1 for 3)
Please contact NZX ahead of announcing the offer if
each Right will be exercisable for more or less than
one Equity Security (i.e unless prior arrangement is
made, Rights will be exercisable on a one for one
basis)

Treatment of fractions**
Subscription price
(per Equity Security)

Letters of entitlement mailed
Offer open
Offer close
Quotation date
1
(if Rights will be
quoted)

Allotment date
Section 7: Placement
(delete full section if not applicable, or mark rows as N/A if not applicable)*
Number of Equity Securities to be
issued
61,000,000
Issue price per Equity Security NZ$0.02
Maximum dollar amount of Equity
Securities to be issued
2

$1,220,000
Proposed issue date 18/03/2024
Existing holders eligible to
participate
3

Y
Related Parties eligible to
participate
4

N
Basis upon which participation by
existing Equity Security holders will
be determined
Introduced by brokers and major shareholders

1
The Quotation date for Rights will usually be the Ex Date (Listing Rule 4.17.6(b)).

2

Where the issue price per Equity Security is not fixed, and the number of Equity Securities to be issued is not known, the Issuer
should instead indicate the maximum dollar amount of Equity Securities to be issued.
3
Issuers should answer Y if existing shareholders are eligible to participate even if their participation is subject to satisfaction of
eligibility criteria applying to the placement generally, such as the offer only being made to investors in certain jurisdictions or with a
certain status, such as wholesale, sophisticated or professional investors only.
4
Issuers should answer Y if there are no restrictions on participation by Related Parties as a result of their status as Related Parties
(i.e. restrictions on participation applying to the placement generally should be disregarded).

3 of 4
Purpose(s) for which the Issuer is
issuing the Equity Securities
Working Capital for Business Growth
Reason for placement rather than a
pro-rata rights issue or an offer
under a Share Purchase Plan in
which the Issuer’s existing Equity
Security holders would have been
eligible to participate
The Company gave notice of a Renounceable Rights
Issue on 12 February 2024.

Following this announcement the Company received
interest from brokers on behalf of their clients, and major
shareholders, to participate in a Share Placement at the
same price of the offer.

Having offered all shareholders the opportunity to
participate in the Rights Issue, and on the basis that the
Company will accept all applications for Shortfall under
the offer, the Directors have determined it appropriate to
undertake the Placement the subject of this
announcement.

This placement, made on a wholesale basis is now
closed.
Equity Securities to be issued
subject to voluntary escrow
N
Number and class of Equity
Securities to be issued that will be
subject to voluntary escrow and the
date from which they will cease to
be escrowed
N/A
Section 8: Lead Manager and Underwriter (mandatory)
Lead Manager(s) appointed N/A
Name of Lead Manager(s) N/A
Fees, commission or other
consideration payable to Lead
Manager(s) for acting as lead
manager(s)
N/A
Underwritten N/A
Name of Underwriter(s) N/A
Extent of underwriting (i.e. amount
or proportion of the offer that is
underwritten)
N/A
Fees, commission or other
consideration payable to
Underwriter(s) for acting as
underwriter(s)
N/A
Summary of significant events that
could lead to the underwriting
being terminated
N/A

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Section 9: Authority for this announcement (mandatory)
Name of person authorised to make this
announcement
Guy Robertson
Contact person for this announcement Guy Robertson
Contact phone number +61 407 983 270
Contact email address guyrobertson@truscreen.com
Date of release through MAP 15/03/2024


* Please do not delete individual rows. Full sections can be deleted if the section relates to a different type of
corporate action
** Please note that in NZX’s systems, standard rounding indicates 0.5 and above round up, below 0.5 round down.
Please contact NZX if you are intending to treat fractions differently.