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Move Logistics Group Limited (NZX: MOV) Reminder of Retail Entitlement Offer Closing Date

Tuesday 9th November 2021

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MOVE Logistics Group Limited (NZX: MOV ), would like to remind eligible retail shareholders of the opportunity to subscribe for new ordinary shares in MOVE (New Shares) through the Retail Entitlement Offer.

The Retail Entitlement Offer is part of the capital raising announced on 27 October 2021, under which MOVE is seeking to raise approximately $40 million of new capital via a fully underwritten 1 for 3.06 accelerated renounceable entitlement offer (Offer).

The Retail Entitlement Offer closes at 5.00pm (NZ time) on Friday, 12 November 2021.

Under the Retail Entitlement Offer, eligible retail shareholders may apply for 1 New Share for every 3.06 existing MOVE shares held at 6.00pm (NZ time) on the Record Date (being Friday, 29 October 2021), at an application price of NZ$1.40 per New Share.

Eligible retail shareholders can participate in the Offer online at move.capitalraise.co.nz. To complete the online application, eligible retail shareholders will need their Holder Number and the unique Entitlement Number found in the email sent to eligible retail shareholders by the registrar, Link Market Services Limited, or on their personalised Entitlement and Acceptance Form (for shareholders that receive postal communications). Eligible retail shareholders should complete their application allowing sufficient time for it to be received by 5.00pm (NZ time) on Friday, 12 November 2021. Given the present uncertainties with respect to postal timing, all eligible retail shareholders that wish to do so, are encouraged to apply online.

If shareholders have completed an application already, no further action is required.

Further details about the Offer, including the terms of the Offer and an explanation of how shareholders can participate, are included in the Offer Document which is available to view online at move.capitalraise.co.nz. Shareholders are encouraged to read the Offer Document carefully and seek financial, investment or other profession advice from a qualified profession adviser before deciding whether to participate.

The Offer is fully underwritten by Craigs Investment Partners and Bell Potter Securities Limited.

Please see the link below for details

REL - Reminder of MOVE Retail Entitlement Offer Closing Date

Source: Move Logistics Group Limited



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