ISSUE OF SECURITIES BY TRUSCREEN LIMITED (TRU)

Company Announcement 13 April 2018

TruScreen Share Placement

ISSUE OF SECURITIES BY
TRUSCREEN LIMITED (TRU)

TruScreen Limited advises that it has issued new shares as follows:
Class of Security: Ordinary Shares (TRU)
Number issued: 1,964,080 ordinary shares at NZD 10 cents each fully paid
Payment: Cash on subscription
Percentage of total Class of
Securities issued
0.97% (of the total number of ordinary shares on issue post
completion of the issue)
Reason for the issue: Exercise of options allocated to employees on 27 March 2014
Authority of issue: Director’s Resolution
Terms of issue The new shares are credited as fully paid, and rank in all respects
equally with the shares already on issue.
Total number of securities of
the Class in existence after
the issue: 202,152,621
Date of issue: 13 April 2018

TRUSCREEN LIMITED




Martin Dillon
Chief Executive Officer

-ENDS-
For more information visit www.truscreen.com or contact:
Martin Dillon
TruScreen Chief Executive Officer
Email: martindillon@truscreen.com
Media Liaison
Jackie Ellis
Email: jackie@ellisandco.co.nz
Phone: +64 27 246 2505
About TruScreen:
TruScreen’s real time cervical cancer
technology utilises a digital wand which is
placed on the surface of the cervix to measure
electrical and optical signals from the
surrounding tissue. A sophisticated proprietary
algorithm framework distinguishes between
normal and abnormal (cancerous and
precancerous) tissue to identify precancerous
change, or cervical intraepithelial neoplasia
(CIN). A Single Use Sensor (SUS) is used for
each patient to protect against cross-infection.

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TRUSCREEN LIMITED

Director’s Resolutions

1. ISSUE OF ORDINARY FULLY PAID SHARES

1.1 The Directors resolve that:

(a) the Company issue 1,964,080 fully paid ordinary shares (“Shares”) to those
entity/persons and in those proportions stated in the Table in Schedule 1, at an issue
price of 10 cents per share, which sum has been satisfied by the payment of cash;

(b) the Directors take all actions, do all things and execute all documents and agreements
necessary or considered by them to be expedient to issue the Shares, including the
Director’s Certificate accompanying this resolution;

(c) the consideration for and terms of the issue of the Shares are fair and reasonable to
the Company and to all existing shareholders and are as set out in the Directors
Resolution of 27 March 2014 detailing the allocation of Options to certain employees.
1.2 Such Shares when issued, shall rank pari passu with all existing ordinary shares of the
Company.

DATED 13 April 2018


_____________________________ _____________________________
Chris Lawrence Christopher Horn


_____________________________ _____________________________
Ron Jones Robert Hunter

SCHEDULE 1

Name

Subscription
Amount
Amount of Shares Allocation Date
$ #
Melinda Martin
Family Trust
150,000 1,500,000 13 April 2018
Mr. Paul Curran 21,408 214,080 13 April 2018
Dr Jerry Tan 25,000 250,000 13 April 2018

TRUSCREEN LIMITED

DIRECTOR'S CERTIFICATE

The following directors, having voted in favour of a resolution dated 13 April 2018 relating to the issue
of shares, hereby certify:

1. The terms of issue are as follows:
Number of shares to be issued: 1,964,080
Issue price of shares: 10 cents per share
Persons and Entity to whom shares to be issued: Melinda Martin Family Trust, Mr.
Paul Curran and Dr Jerry Tan
Payment date for consideration: On or before the date of the issue of
the Shares
Details of consideration: Cash

2. In our opinion, the consideration for and terms of issue are fair and reasonable to the
Company and to all existing shareholders and are as set out in in the Directors Resolution of
27 March 2014 detailing the allocation of Options to Messrs Martin Dillon, Paul Curran and Dr
Jerry Tan.

DATED 13 April 2018


_____________________________ _____________________________
Chris Lawrence Christopher Horn


_____________________________ _____________________________
Ron Jones Robert Hunter