EROAD Limited – Placement Allotment

EROAD Limited – Placement Allotment
For the purposes of Listing Rule 7.12.1, EROAD Limited (NZX:ERD) advises that the following shares have
been issued on 15 December 2017:

(a) Class of Security
ISIN:
Ordinary shares
NZERDE0001S5

(b) Number issued: 5,099,247

(c) Issue price: $3.04

(d) Whether payment was in cash: Yes

(e) Any amount paid up: In full

(f) Principal terms of the Securities: Not applicable

(g) Percentage of the total Class of Securities issued: 8.357% of the total number of
fully paid ordinary shares prior to
this issue

(h) Reason for the issue: Allotment of 5,099,247 ordinary
shares under a placement
conducted by EROAD Limited

(i) Specific authority for the issue: Directors’ resolutions dated 11
December 2017

(j) Terms or details of the issue: New ordinary shares which rank
equally with all other fully paid
ordinary shares in EROAD
Limited on issue

(k) Total number of Securities of the Class in existence after the
issue:
66,116,258

(l) Treasury Stock: Not applicable

(m) Date of issue: 15 December 2017

ENDS
Contact: Michael Bushby, Chairman on +64 64 927 4747. For more information about EROAD visit our website
www.eroad.com