Serko successfully completes NZ$15m Placement

Serko Limited, Saatchi Building, Unit 14D 125 The Strand, Parnell, Auckland, New Zealand
T: +64 9 309 4754 investor.relations@serko.com
Incorporated in New Zealand ARBN 611 613 980
Market Release
8 August 2018
Serko successfully completes NZ$15m Placement to accelerate growth opportunities

Serko Limited (NZX:SKO, ASX:SKO, “Serko”) is pleased to advise that it has successfully completed its NZ$15
million underwritten placement (“Placement”), with 5,454,545 shares being sold at the fixed price of NZ$2.75
per share. This represents a 3.2% discount to the last traded price of NZ$2.84 on Monday, 6 August 2018 and a
5.6% discount to the 30-day VWAP of NZ$2.91. The book was oversubscribed with all bids subject to scaling.

The Placement was well supported, attracting bids from a range of institutional investors across New Zealand
and Australia, with 12 institutions allocated stock, as well as strong participation from retail investors.

Darrin Grafton, Serko’s CEO, said “The Placement provides Serko with greater flexibility to both accelerate
organic growth opportunities and execute potential acquisitions. We have been very pleased with the level of
support from our current shareholders and we welcome a number of new investors onto our register.”

Cameron Partners Limited and Deutsche Craigs Limited jointly advised Serko on the Placement. The bookbuild
was conducted by Deutsche Craigs Limited
i
who also acted as the Underwriter.


Ends
For investor relations queries please contact:
Susan Putt
Chief Financial Officer, Serko
Phone: +64 9 309 4754
investor.relations@serko.com







i
Deutsche Craigs Limited is a wholly owned subsidiary of Craigs Investment Partners Limited (“CIP”). The role of
underwriter may be performed by Deutsche Craigs Limited or CIP (as the NZX Participant Firm) or any of their affiliates,
successors and assigns, as appropriate, and those entities shall have the rights and benefits of the underwriter.


ii
The timetable presented is indicative only and subject to change without notice (subject to applicable laws and the NZX
Listing Rules and ASX Listing Rules). All dates and times are New Zealand times (unless stated otherwise).

Key dates
ii

Resume trading Wednesday, 8 August 2018
Settlement for placement shares on the ASX register Thursday, 9 August 2018
Settlement for placement shares on the NZX register Friday, 10 August 2018
Allotment and trading of placement shares on the NZX and ASX Friday, 10 August 2018