Confirmation of additional investment by major shareholder

22 January 2019

Confirmation of additional investment by major shareholder
The Directors of Promisia Integrative Limited (NZX:PIL) are pleased to advise that the company’s
major shareholder, Brankin Trust, has advised that it wishes to exercise its right to subscribe for an
additional 250,000,000 shares at a price of $0.001 per share. The ability to subscribe for this
additional 250 million shares was part of the underwriting agreement entered into between PIL and
Brankin Trust for the rights issue that closed on 24 December 2018 and was approved by
shareholders at a special meeting held on 4 December 2018. The 250 million shares represent
shortfall shares not taken up by eligible shareholders in the recent rights issue.
An Allotment Notice will be lodged when funds have been received and the new shares have been
issued.
This transaction will provide an additional $250,000 of working capital for PIL and will increase the
shareholding of Brankin Trust to 51.3% of the PIL issued capital. On behalf of all shareholders the
Directors thank Brankin Trust for its support of the company.
For further information contact
Rene de Wit
Chief Executive
021 571000