Increase in Working Capital Facilities RAK

Rakon Limited
T +64 9 573 5554, F +64 9 573 5559
8 Sylvia Park Road, Mt Wellington, Auckland 1060, New Zealand
Private Bag 99943, Newmarket, Auckland 1149, New Zealand
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12 December 2018

RAKON LIMITED (NZX: RAK)

Increase in Working Capital Facilities
Rakon Limited today announces an increase of $6 million to its cash working capital facilities with
ASB Bank Limited.
Total cash facilities are now $15.5 million and will be used predominantly to support higher working
capital requirements due to the increase in the forecast demand from the continuing roll out of
4/4.5G and 5G infrastructure in the Telecommunications Market.

Brent Robinson (Chief Executive Officer & Managing Director)
-ends-
Contact:
Anand Rambhai (Chief Financial Officer)
+64 9 571 9225
Media Enquiries:
Louise Howe (Media Liaison)
+64 21 206 0985
www.rakon.com

About Rakon
Rakon is a global high technology company that designs and manufactures world-leading frequency
control and timing solutions. Its products enable connectivity for a wide range of applications. The
company’s three core markets are telecommunications, global positioning and space & defence.
Rakon has a global footprint including four manufacturing plants, five research and development
centres and 16 customer support locations. Rakon is proud of its New Zealand heritage; it was
founded in Auckland in 1967. It is a public company listed on the New Zealand stock exchange, NZSX,
ticker code RAK.