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TruScreen Announces Share Purchase Plan Details

Capital Raise14 September 2018TRUIndustrials

Company Announcement 14 September 2018

TRUSCREEN ANNOUNCES SHARE PURCHASE PLAN DETAILS

Cervical cancer technology company, TruScreen Limited (NZAX:TRU), has today announced the

details of the Share Purchase Plan (SPP) previously advised, with eligible shareholders invited to

subscribe for up to $15,000 of new shares at 21 cents per share, the same pricing as the recent

Placement on 6 September 2018.

The Share Purchase Plan is the second stage of the capital raising announced on 31 August 2018 and

follows the successful $1.5 million Placement to existing and new investors.

TruScreen is seeking to raise up to $1.0 million from this SPP. (The maximum amount legally able to

be raised under NZAX Rule 7.3.4 (c) is $13,188,765).

The SPP opens on Monday 17 September and the Record Date for the SPP offer is 5pm, Friday 14

September 2018. The Offer will close on 3 October 2018.

The funds raised from the placement and SPP will be used to strengthen TruScreen’s balance sheet,

fund sales and marketing initiatives, expand manufacturing capabilities and continue improvement

to the device’s performance.

Chairman of TruScreen, Mr Robert Hunter, said: “The development of our second generation

TruScreen device has opened up a number of new and significant opportunities and the capital

raised will help us realise these and progress with our commercial strategy. The capital raising has

been structured to provide existing shareholders the same opportunity to participate and share in

the growth of our company as investors in the Placement.”

A copy of the Appendix 4 Notice required under the NZAX Listing Rules accompanies this

announcement.

Key Dates

Record Date for participation in the SPP 5pm on 14 September 2018

Mailing of SPP and Forms to eligible shareholders 17 September 2018

Offer Period 17 September 2018 to 3 October 2018

Allotment Date On or before 10 October 2018

ENDS

For more information visit www.truscreen.com or contact Martin Dillon, TruScreen Chief Executive

Officer, email: martindillon@truscreen.com.

For media assistance, please contact: Jackie Ellis on 64 27 246 2505 or email jackie@ellisandco.co.nz.




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.

---

APPENDIX 4 – NZAX Listing Rules
Number of pages including this one

(Please provide any other relevant

NZAX Listing Rule 7.11.2. For rights, NZAX Listing Rules 7.9.8 and 7.9.9. details on additional pages)

For change to allotment, NZAX Listing Rule 7.10.1, a separate advice is required.

Full name

of Issuer

Name of officer authorised to

Authority for event,

make this notice

e.g. Directors' resolution

Contact phone

Contact fax

numbernumber

Date

Nature of event

BonusIf ticked,

Rights Issue

Tick as appropriate

Issue

state whether:Taxable

/ Non TaxableConversionInterestRenouncable

Share purchase planRights IssueCapitalCallDividend

If ticked, stateFull

non-renouncable

change

X

whether:

InterimYearSpecialDRP Applies

EXISTING securities affected by this

If more than one security is affected by the event, use a separate form.

Description of theISIN

class of securities

If unknown, contact NZX

Details of securities issued pursuant to this eventIf more than one class of security is to be issued, use a separate form for each class.

Description of theISIN

class of securities

If unknown, contact NZX

Number of Securities toMinimum

Ratio, e.g.

be issued following eventEntitlement

1 for 2 for

Conversion, Maturity, Call

Treatment of Fractions

Payable or Exercise Date

Tick if

provide an

pari passu

ORexplanation

Strike price per security for any issue in lieu or date

of the

Strike Price available.

ranking

Monies Associated with Event

Dividend payable, Call payable, Exercise price, Conversion price, Redemption price, Application money.

Source of

Amount per security

Payment

(does not include any excluded income)

Excluded income per security

(only applicable to listed PIEs)

Supplementary

Amount per security

Currencydividendin dollars and cents

details -

NZAX Listing Rule 7.11.4

Total monies

TaxationAmount per Security in Dollars and cents to six decimal places

In the case of a taxable bonusResident

Imputation Credits

issue state strike priceWithholding Tax(Give details)

Foreign

FDP Credits

Withholding Tax(Give details)

Timing

(Refer Appendix 5 in the NZAX Listing Rules)

Record Date 5pmApplication Date

For calculation of entitlements -Also, Call Payable, Dividend /

Interest Payable, Exercise Date,

Conversion Date. In the case

of applications this must be the

last business day of the week.

Notice DateAllotment Date

Entitlement letters, call notices,For the issue of new securities.

conversion notices mailedMust be within 5 business days

of application closing date.

OFFICE USE ONLY

Ex Date:

Commence Quoting Rights:Security Code:

Cease Quoting Rights 5pm:

Commence Quoting New Securities:Security Code:

Cease Quoting Old Security 5pm:

14 September, 20183 October, 2018

10 October, 201817 September, 2018

$$

$

Date Payable

N/AN/A

Enter N/A if not

applicable

New shares issued under the SPP will rank equally with all

existing shares on issue in the Company

Ordinary shares to be issued under Share Purchase Plan

In dollars and cents

21 cents

+61 449 115 065n/a14092018

To be determined once acceptances are

received

N/AN/A

Ordinary fully paid shares

EMAIL: announce@nzx.com

Notice of event affecting securities

Truscreen Limited

Martin DillonDirectors resolution

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