TRUSCREEN GROUP LIMITED logo

TRUSCREEN SHARE PURCHASE PLAN DETAILS

Capital Raise16 September 2018TRUIndustrials

Company Announcement 17 September 2018

TRUSCREEN SHARE PURCHASE PLAN DETAILS

As previously announced to the market, cervical cancer technology company, TruScreen Limited

(NZAX:TRU), will today open a Share Purchase Plan to eligible shareholders. The Share Purchase Plan

(SPP) offer document and forms will be mailed to eligible shareholders today.

Attached are:

• Notice of Offer

• SPP Booklet


ENDS

For more information visit www.truscreen.com or contact

Martin Dillon, TruScreen Chief Executive Officer,

email: martindillon@truscreen.com.


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.

---

17 September 2018


NZX Limited

Level 1, NZX Centre

11 Cable Street

Wellington 6011



Notice of Offer of Same Class Financial Products for Issue

Truscreen Limited (TRU) intends to undertake a share purchase plan offer of ordinary shares

(New Shares) to TRU’s eligible shareholders (those on the share register on the record date

of Friday 14 September 2018) (the Offer).

Pursuant to clause 20 of Schedule 8 of the Financial Markets Conduct Regulations 2014

(Regulations) and clause 19 of Schedule 1 of the Financial Markets Conduct Act 2013

(FMCA), TRU advises that:

1. The Offer is being made in reliance upon the exclusion in clause 19 of Schedule 1 of

the FMCA. TRU is giving this notice (Cleansing Notice) under clause 20(1)(a) of

Schedule 8 of the Regulations.

2. As at the date of this Cleansing Notice, TRU is in compliance with:

(a) the continuous disclosure obligations that apply to it in relation to TRU’s

quoted financial products; and

(b) its “financial reporting obligations” (within the meaning set out in clause

20(5) of Schedule 8 of the Regulations).

3. As at the date of this Cleansing Notice, there is no information that is “excluded

information” within the meaning set out in clause 20(5) of Schedule 8 of the

Regulations.

4. The potential effects that the Offer and the issue of New Shares will have on the

“control” (within the meaning of clause 48 of Schedule 1 of the FMCA) of TRU and

the consequences of those effects are as follows:

(a) The Offer is limited to 62,803,643 shares (Offer Size) which represents 30%

of all shares on issue in TRU prior to the Offer being made. The Offer Size is

not considered by TRU to constitute a material parcel of New Shares (in

control terms), particularly given that TRU has a broad shareholding spread

and that the vast majority of them are eligible shareholders who may

participate in the Offer.

(b) In some cases, shareholders with registered addresses outside of New

Zealand may not be eligible to participate in the Offer (and their percentage

shareholding will be diluted as a result of the issue of New Shares), due to


the legal requirements of the relevant jurisdiction being unduly onerous for

TRU to make the Offer in that jurisdiction. However, TRU does not consider

that any overseas shareholders currently have any material control of TRU

and therefore that any potential dilution will not materially affect control.

(c) If eligible shareholders do not participate, such shareholders' percentage

shareholding will be reduced (relative to those who did participate). If there

is a shortfall under the Offer, TRU will be entitled to place the shortfall to any

persons (subject to complying with applicable legislative instruments and

the NZX Listing Rules) within three (3) months of the Offer closing.

(d) The Offer is not a pro rata offer and eligible shareholders have no fixed

entitlement to New Shares. Applications will be scaled back if all applications

received in the Offer exceed the Offer Size. Accordingly if the Offer is

oversubscribed eligible shareholders may be unable to maintain their

existing proportionate shareholding in TRU through participation in the Offer.

(e) Any scaling of applications under the Offer will not be made on a pro rata

basis by reference to the existing shareholdings of applicants. Accordingly

scaling may limit the ability of eligible shareholders to obtain New Shares

under the Offer and maintain their proportionate interest in TRU. This is

considered unlikely to materially affect control given the Offer Size.


On behalf of the Board,





Robert Hunter

Chairman

---

TRUSCREEN LIMITED

SHARE PURCHASE PLAN BOOKLET


17 September 2018



This is an important document. You should read the whole document before deciding whether to

subscribe for Shares. If you have any doubts as to what you should do, please consult your broker,

financial, investment or other professional adviser.


IMPORTANT INFORMATION

General Information

This Share Purchase Plan booklet is prepared by Truscreen Limited (“Truscreen”) in connection with

an offer of new ordinary shares. The offer is made to Eligible Shareholders under the exclusion in

clause 19 of Schedule 1 of the FMCA This document is not a product disclosure statement or

prospectus and does not contain all of the information which may be required in order to make an

informed investment decision about the offer or Truscreen.


Additional Information is available under continuous disclosure obligations

Truscreen is subject to a continuous disclosure obligation that requires it to notify certain material

information to NZX for the purpose of that information being made available to participants in the

NZX Alternative Market operated by NZX. Market releases by Truscreen, including its most recent

annual report (for the year ended 31 March 2018) and financial statements, are available at

www.nzx.com under ticker code TRU or at the website www.Truscreen.com. If you have sold your

Shares in Truscreen Limited before 5pm on 14 September 2018 please send this Booklet and the

enclosed Application Form to the NZX Firm or other person through whom you made the sale

requesting that they forward the documentation to the purchaser. Only persons that hold Truscreen

Limited Shares at 5pm on 14 September 2018 will be eligible to participate in this Share Purchase

Plan. If you have any queries or concerns regarding this Offer you should contact Truscreen Limited

or your own NZX Firm, legal or financial adviser.


Offering restrictions

No action has been taken to permit a public offering of the Shares in any jurisdiction outside New

Zealand. The distribution of this document in a jurisdiction outside New Zealand may be restricted

by law and persons who come into possession of it (including nominees, trustees or custodians)

should seek advice on and observe any such restrictions.

No person may subscribe for, purchase, offer, sell, distribute or deliver the Shares, or be in

possession of, or distribute to any other person, any offering material or any documents in

connection with the Shares, in any jurisdiction other than in compliance with all applicable laws and

regulations. Without limiting the foregoing, this document may not be sent into or distributed in the

United States.


No guarantee

No person named in this document (nor any other person) guarantees the Shares to be issued

pursuant to the offer or warrants the future performance of Truscreen or any return on any

investment made pursuant to this document.


Decision to participate in the offer

The information in this document does not constitute a recommendation to acquire Shares or

financial product advice. This document has been prepared without taking into account the

investment objectives, financial or taxation situation or particular needs of any applicant or investor.


Enquiries

Enquiries about the offer can be directed to an in NZX primary market participant, or your solicitor,

accountant or other professional adviser. If you have any questions about the number of Shares

shown on the application form that accompanies this document, or how to complete the application

form, please contact Link Market Services.


Defined Terms

Capitalised terms used in this Share Purchase Plan (“SPP”) booklet have the specific meaning given

to them in the Glossary at the back of this SPP booklet or in the relevant section of this SPP booklet.



CHAIRMANS LETTER

Dear Shareholders


The Offer

On behalf of the Board of Truscreen Limited (Truscreen), I am pleased to offer you an opportunity to

participate in a Share Purchase Plan (SPP), where you can apply for Shares in Truscreen at an issue

price of $0.21 per New Share.

The SPP is the second part of Truscreen’s current capital raising initiative and follows a $1.5 million

placement to selected wholesale investors.

The capital raising has been structured to provide existing shareholders the same opportunity to

participate and share in the growth of our company. Shares are being offered at the same price as

the placement and the SPP allows you to increase your shareholding without incurring brokerage

and other transaction costs.


Application of Funds Raised


There are a number of immediate commercial opportunities available to us and the capital raised

will have the resources and capacity to progress with these.

In particular, funds will be used to:

• Expand commercial growth in China, Africa, India and Latin America;

• Fund clinical and familiarisation trials as required for product improvement and acceptance

in government programs;

• Expand manufacturing facilities and supply capabilities;

• Build-up inventory; and

• Continued product refinement.


SPP Terms

The SPP is available to all Truscreen shareholders whose address recorded in Truscreen’s share

register is in New Zealand, or who Truscreen is satisfied can otherwise participate in the SPP in

compliance with all applicable laws, on equal terms. Each Eligible Shareholder (big or small) has a

same right to acquire the same dollar amount of new shares under the SPP. It gives all Eligible

Shareholders the opportunity to invest up to $15,000 in new Truscreen shares with a minimum

application of $2,500. The issue price per share is $0.21 per new share – the same price as shares

issued to investors under the placement.

The maximum amount that can be raised under this SPP is approximately $13,188,765. If

applications for New Shares are received that total more than this amount, applications will be

scaled back in the manner described at clause 2.4 of this SPP Booklet. Further details about the SPP

and the terms and conditions are set out in the enclosed information booklet and application form.

You should read these documents carefully and seek professional advice if you have any queries


about making an investment decision. Further information about Truscreen can be found on our

web site http://www.truscreen.com.

The SPP closes at 5pm on 3 October 2018. If you wish to participate in this SPP, please ensure that

you return the completed application form and payment to Link Market Services by the closing date.


On behalf of the Board, I would like to thank you for your ongoing support of Truscreen Limited.


Yours sincerely,





Robert Hunter

Chairman



WARNING

There is a risk to Eligible Shareholders that the market price for Shares may change between the

Record Date, the date that you apply for New Shares under this SPP and the Allotment Date. A

change in market price during this period will not affect the Issue Price. The Issue Price may be

greater or less than the market price of the Shares at the time of the allotment of New Shares to

you.

If the market price of Shares falls below the Issue Price then an investor in this SPP may experience a

fall in value of their New Shares after they are allotted. Alternatively if the market price of Shares

rises above the Issue Price then such investors may experience a capital gain from the New Shares

after they are allotted.


How Shareholders can participate in this SPP

Eligible Shareholders may apply for New Shares. Applications submitted will be subject to the

availability of New Shares as a maximum of 62,803,643 New Shares are offered under this SPP.

Shareholders have the following options under this SPP to subscribe for New Shares at the Issue

Price of $0.21 per New Share on the terms and conditions of this SPP Booklet:

• Share Parcels: Tick the share parcel you wish to subscribe for under this SPP being $2,500, $5,000,

$7,500, $10,000, $12,500 or $15,000.

• Specified Application: Subscribe for a number of New Shares that you specify on the Application

Form which must be more than 11,905 New Shares ($2,500), and in multiples of $500 thereafter.

• No Application: Do nothing and your ability to apply for New Shares under this SPP will lapse.


SPP Timetable

Event Date

Record Date 14 September 2018

SPP opens and SPP Booklet sent to Eligible Shareholders 17 September 2018

Closing Date for SPP 3 October 2018

Allotment of New Shares By 10 October 2018

Holding statements sent to Shareholders By 10 October 2018



TERMS AND CONDITIONS

1. Eligible Shareholders

1.1 You may participate in this SPP only if you are an Eligible Shareholder. An Eligible

Shareholder is a person who, at 5.00pm on the Record Date, was recorded in Truscreen’s

share register as being a registered holder of Shares.

1.2 Joint holders of Shares are taken to be a single registered holder of Shares for the purposes

of determining whether they are an Eligible Shareholder and the certification on the

Application Form is taken to have been given by all of them.

1.3 If you are an Eligible Shareholder, your right to participate in this SPP is personal to you and

non-renounceable.

1.4 Truscreen reserves the right not to extend the offer in this SPP to Eligible Shareholders in a

jurisdiction outside New Zealand in circumstances where it considers that so extending the

Offer may breach the legal requirements of that jurisdiction.

2. Issue Price and Number of Shares

2.1 The Issue Price for New Shares under this SPP is $0.21 per New Share.

2.2 If you are an Eligible Shareholder you may:

Share Parcels: Tick the share parcel you wish to subscribe for under this SPP being $2,500,

$5,000, $7,500, $10,000, $12,500 or $15,000.

Specified Application: Subscribe for a number of New Shares that you specify on the

Application Form which must be more than 11,905 New Shares ($2,500), and in multiples of

$500 thereafter up to a maximum of 71,429 New Shares ($15,000).

No Application: Do nothing and your ability to apply for New Shares under this SPP will

lapse.

2.3 Truscreen also cannot issue Shares under this SPP which, in aggregate, exceed 30% of the

number of Shares that it presently has on issue under the requirements of Listing Rules

7.3.4(c) and 7.3.4(d). This means that the maximum number of shares which may be issued

pursuant to this SPP is 62,803,641 (Maximum Number), having an aggregate value of

approximately $13,188,765.

2.4 If Truscreen receives applications for New Shares under this SPP that, in aggregate, are in

excess of the Maximum Number, then Truscreen will scale back applications on the

following basis:

- All applications for more than 71,428 New Shares ($15,000) will be scaled back:

• On a pro-rata basis (to the number of such New Shares applied for) so that the

aggregate number of such New Shares together with all other Applications do not

exceed the Maximum Number; or

• 71,428 New Shares, whichever is higher.


- If applications then still exceed the Maximum Number, further scaling will then be done

by applying the following formula:



Y = (62,803,643 ÷ A) x N

Where:

Y is the final number of scaled back New Shares that an Eligible Shareholder

who has applied for New Shares under this SPP will be allotted.

A is the aggregate number of New Shares applied for under this SPP by all

Eligible Shareholders after applying the scaling in (a) above.

N is the number of New Shares applied for by an Eligible Shareholder after

applying the scaling in (a) above.

If the scaling calculations above produce a fractional number, the number of New Shares

you will be allotted will be rounded down to the nearest whole number of New Shares. If

scaling is applied, application monies received will be greater than the value of the New

Shares actually allotted. The difference between the value of the New Shares allotted and

application monies received will be refunded to Applicants within 10 Business Days of the

Closing Date. No interest will be paid on refunded monies.

3. Custodian

3.1 Any Eligible Shareholder that:

• is a trustee corporation or a nominee company and holds Shares in Truscreen by

reason only of acting for another person in the ordinary course of business of that

trustee corporation or nominee company; or

• holds Shares in Truscreen by reason only of being a bare trustee of a trust to which

the Shares are subject,

is a custodian (Custodian) under this SPP.

3.2 A separate Application Form must be completed for each beneficial owner for whom a

Custodian is acting. Subject to clause 3.3, Truscreen will treat each such Application Form as

a separate application despite them all being in the name of the Custodian.

3.3 If a Custodian applies to purchase New Shares on behalf of a beneficial owner, the Custodian

must certify to Truscreen in writing on the Application Form:

• that the Custodian holds Shares directly or indirectly as a Custodian for beneficial

owners; and

• that the beneficial owner on whose behalf the Custodian is submitting the

Application Form is not making an application themselves as an Eligible Shareholder

for New Shares under this SPP, and no other Custodian is submitting an application

under the SPP for that beneficial owner.

4. Completing the Application Form and Paying for Shares

4.1 If you wish to participate in this SPP, you must complete the Application Form and provide

payment in accordance with the instructions on the Application Form. Cheques must be

drawn on a New Zealand bank account and be for immediate value. You may lodge your


application (together with payment) directly with Truscreen’s share registrar, Link Market

Services Limited, or with any Primary Market Participant or other channel approved by NZX.

4.2 To be valid, applications must be received by Link Market Services by 5.00pm on 3 October

2018. Application Forms received after that date will only be accepted at Truscreen’s

discretion. If you lodge your application with a Primary Market Participant or other channel

approved by NZX your application must be received in time to enable forwarding to Link

Market Services before 5.00pm on 3 October 2018.

4.3 Application Forms should be sent, together with payment by cheque (made out to

“Truscreen Limited”) or direct debit to your bank account details to be provided in the

application form:

By Delivery:

Truscreen Limited Share Purchase Plan

C/- Link Market Services Limited

Level 11, Deloitte Centre

80 Queen Street

Auckland 1010, New Zealand

By mail:

Truscreen Limited Share Purchase Plan

C/- Link Market Services Limited

PO Box 91976

Auckland 1142, New Zealand

4.4 Subject to applicable law and the Listing Rules, the Board of Truscreen may, at its sole

discretion extend or bring forward the Closing Date. Any such change will be communicated

to shareholders through Truscreen making a market announcement to NZX and posting a

copy of that announcement to Eligible Shareholders.

5. Truscreen’s Discretion to Accept or Reject Applications

5.1 Truscreen has discretion to accept or reject your application to purchase New Shares under

this SPP, including (without limitation) if:

• your Application Form is incorrectly completed, incomplete or otherwise

determined by Truscreen to be invalid;

• your cheque or direct debit is dishonoured or has not been completed correctly;

• the cheque that you enclose with your Application Form or your bank deposit is not

in New Zealand dollars for the exact amount of the parcel that you have selected on

the Application Form;

• your Application Form is received after the Closing Date. While Truscreen has

discretion to accept late Application Forms and payment, there is no assurance that

it will do so;

• Truscreen believes that you are not an Eligible Shareholder or Custodian; or


• Truscreen considers that your application does not comply with these terms and

conditions.

5.2 Where Truscreen rejects an application under the terms and conditions of this SPP, any

application monies received in respect of the rejected application will be refunded to the

affected applicants within 10 Business Days of the Closing Date. No interest will be paid on

any such refunded monies.

6. Significance of Sending in an Application

6.1 If you apply to participate in the SPP by completing and returning the Application Form:

• your application, on these terms and conditions, will be irrevocable and

unconditional (i.e. cannot be withdrawn);

• you certify to Truscreen that you are an Eligible Shareholder entitled to apply for

New Shares under these terms and conditions;

• you agree to be bound by the constitution of Truscreen. A copy of the constitution is

available from the Company, free of charge, by emailing our Chief Executive Martin

Dillon at martindillon@truscreen.com;

• you authorise Truscreen (and its officers or agents) to correct any error in, or

omission from, your Application Form and to complete the Application Form by the

insertion of any missing details;

• you acknowledge that Truscreen may at any time irrevocably determine that your

Application Form is valid, in accordance with these terms and conditions, even if the

Application Form is incomplete, contains errors or is otherwise defective;

• you accept the risk associated with any refund that may be despatched to you by

cheque to your address shown on Truscreen’s share register;

• you agree to indemnify Truscreen for, and to pay to Truscreen within five (5)

business days of demand, any dishonour fees or other costs Truscreen may incur in

presenting a cheque or direct debit for payment which is dishonoured;

• you acknowledge that none of Truscreen, its advisers or agents has provided you

with investment advice or financial product advice, and that none of them has an

obligation to provide advice concerning your decision to apply for and purchase New

Shares under this SPP;

• you acknowledge the risk that the market price for the Shares may change between

the Record Date, the date that you apply for New Shares under this SPP and the

Allotment Date. A change in market price during this period will not affect the Issue

Price but may affect the value of the New Shares you receive under this SPP;

• you acknowledge that Truscreen is not liable for any exercise of its discretions

referred to in these terms and conditions; and

• you irrevocably and unconditionally agree to these terms and conditions and agree

not to do any act or thing which would be contrary to the spirit, intention or purpose

of this SPP.

6.2 If a Custodian applies to purchase New Shares under this SPP for a beneficial owner

pursuant to clause 3.2, the matters referred to in clause 6.1 will be taken to be given by each

beneficial owner on whose behalf the Custodian is applying to purchase New Shares.


7. The Shares

7.1 New Shares issued under this SPP will rank equally with each other and will have the same

voting rights, dividend rights and other entitlements as existing fully paid Shares in

Truscreen.

8. Financial Statements

8.1 You may obtain free of charge the most recent annual report and financial statements of

Truscreen by contacting Truscreen (see the Company Directory for details), or you may

download these reports from the Truscreen website at www.Truscreen.com.

9. Amendments to the SPP and Waiver of Compliance

9.1 Notwithstanding any other term or condition of this SPP and/or the Application Form,

Truscreen may, at its discretion: a. make non-material modifications to this SPP or such

terms and conditions (in which applications for New Shares under this SPP will remain

binding on the applicant notwithstanding such modification and irrespective of whether an

Application Form was received by Link Market Services Limited before or after such

modification is made); and/or b. suspend or terminate this SPP at any time prior to the

allotment of the New Shares under this SPP. If this SPP is terminated, application monies will

be refunded to applicants within 10 Business Days of the Offer being withdrawn. No interest

will be paid on refunded monies.

9.2 Subject to law and the Listing Rules, Truscreen reserves the right to waive compliance with

any provision of these terms and conditions. If Truscreen waives compliance with any

provision of these terms and conditions, such waiver will apply to all Eligible Shareholders.

10. Governing Law

10.1 These terms and conditions shall be governed by and construed in accordance with the laws

of New Zealand.

11. Dispute Resolution

11.1 If any dispute arises in connection with this SPP, Truscreen may settle it in any manner it

thinks fit. It may do so generally or in relation to any particular participant, application or

Share. Truscreen’s decision will be final and binding.

12. Inconsistency

12.1 Unless otherwise determined by the Directors, in the event of any inconsistency between

the terms and conditions of this SPP and Truscreen’s constitution, Truscreen’s constitution

shall prevail.


Signed by the Directors of TruScreen Limited.






_____________________________

Robert Hunter






_____________________________

Chris Horn






_____________________________

Chris Lawrence






_____________________________

Marie Ficarra






_____________________________

Con Hickey


ADDITIONAL INFORMATION

Dilution effects of the Offer

Shareholders not participating in the Offer could experience dilution to their current percentage

holding in Truscreen. Below is a table illustrating a hypothetical dilution, which could result from an

existing Shareholder (currently holding 1% of Truscreen’s issued share capital) electing not to

participate in the Offer. The table assumes that the maximum number of New Shares available

under this Offer will be issued:

Existing Company Share capital: 209,345,477

Maximum New Shares issued: 62,803,643

Company Share capital post-Offer: 272,152,120

Number of Shares held: 2,093,455

Percentage holding pre-Offer: 1.00%

Percentage holding post-Offer: 0.77%

Terms and Ranking of New Shares

New Shares issued will be fully paid and shall rank equally in all respects with other Shares on issue

in Truscreen and will give the holder the right to one vote on a resolution at a meeting of

shareholders (subject to any restrictions in Truscreen’s constitution or the Listing Rules), the rights

to dividends authorised by the Board and the right to a proportionate share in any distribution of

surplus assets of Truscreen on any liquidation.

Applications for New Shares

Truscreen reserves the right to accept late applications and application monies, but has no

obligation to do so.

If a Shareholder fails to take up the Offer under the SPP on or before the Closing Date (3 October

2018) such Offer will lapse.

Any application monies received pursuant to the Offer will be held in a trust account established by

Truscreen with the Registrar until the corresponding New Shares are allotted or the application

monies are refunded. Interest earned on the application monies will be for the benefit, and remain

the property of Truscreen and will be retained by Truscreen whether or not the issue and allotment

of New Shares takes place. Any refunds of application monies will be made without interest within

10 Business Days of the Closing Date, for any unaccepted or invalid applications; or in accordance

with clause 2.4 of this SPP Booklet.

Withdrawal of Offer

Truscreen reserves the right to cancel the Offer and the issue of New Shares at any time prior to

allotment, in which case all application monies will be refunded within 10 Business Days of the Offer

being withdrawn. No interest will be payable on amounts refunded.



Dividend Policy

Truscreen does not intend to make dividend payments within the foreseeable future. The Directors

will review this position upon Truscreen achieving profitability. The Directors reserve the right to

amend the dividend policy at any time.

Financial Statements

The latest available audited financial statements for Truscreen are the audited financial statements

for the year ended 31 March 2018. These financial statements were prepared in compliance with the

Financial Reporting Act 1993 and were announced to NZX in July 2018 in accordance with the Listing

Rules and are also available on the Companies Office website: www.business.govt.nz/companies/.

Access to Information and Statements

A copy of the information referred to above and financial statements referred to above are available

from the NZX website, the public register of the Companies Office (www.companies.govt.nz) and

Truscreen’s website (www.Truscreen.com) or can be provided on request, free of charge, by

applying in writing to Truscreen’s Registered Office, details of which are set out in the Directory.

Seek your own advice

The information contained herein does not constitute financial product advice and does not take

into account the investment objectives, financial situation, tax position or particular needs of

individuals. If you are in doubt as to the course of action you should follow, you should consult your

stockbroker, accountant, taxation adviser, solicitor or other professional adviser before participating

in the SPP.



GLOSSARY

Allotment Date By 10 October 2018

Applicant An investor whose application for New Shares (and payment of the

corresponding Issue Price in respect of each New Share subscribed

for) has been received by the Registry prior to the Closing Date.

Application Form The personalised application form relating to this SPP that you

received with this SPP Booklet, including the instructions on the

reverse of that form.

Board The board of directors of Truscreen.

Booklet This booklet containing the SPP offer to Eligible Shareholders.

Business Day Has the meaning given to it in the Listing Rules.

Closing Date 5pm, 3 October 2018.

Custodian See clause 3.1 of the Terms and Conditions for the definition of

“Custodian”.

Directors The directors of Truscreen.

Eligible Shareholder Subject to clause 1.4 of the Terms and Conditions, a person who, at

5.00pm on the Record Date, was recorded in Truscreen’s share

register as being a registered holder of Shares.

FMCA Financial Markets Conduct Act 2013.

Issue Price The price at which the New Shares will be issued pursuant to this

SPP being $0.21 per Share (Swedish rounding will apply to fractions).

Listing Rules The NZX listing rules applying to the NZX Alternative Market, as

amended from time to time.

New Shares Up to a maximum of approximately 62,803,643 fully paid ordinary

shares in Truscreen, that are the subject of this Offer and would

rank equally in all respects with existing shares if issued.

NZAX The NZX Alternative Market operated by NZX.

NZX NZX Limited.

Offer The offer to Eligible Shareholders to subscribe for New Shares,

pursuant to the SPP.

Opening Date 17 September 2018.

Primary Market Participant Has the meaning given to it in the Listing Rules.

Record Date 14 September 2018.

Shares Ordinary shares of Truscreen which are, or once allotted under this

SPP will be, quoted on NZAX under the code “TRU”.


SPP `The Share Purchase Plan detailed in this Booklet whereby Eligible

Shareholders may subscribe for New Shares at the Issue Price.

Truscreen Truscreen Limited.


COMPANY DIRECTORY

Directors

Robert Hunter

Chris Horn

Ron Jones

Chris Lawrence

Marie Ficarra

Con Hickey


Share Registrar

Link Market Services

Level 11, Deloitte House

80 Queen Street

Auckland 1010

PO Box 91976

Auckland 1142

Telephone: 09 375 5998

Email: enquiries@linkmarketservices.co.nz

Data sourced from publicly available filings. Our datasets may not be complete. Automated analysis can produce errors. If you believe any data on this page is incorrect, please contact us at hello@nzxplorer.co.nz. For informational purposes only. Not investment advice.