BFW Disclosure notice – Share buyback and Cancellation

Burger Fuel Worldwide Limited (BFW) Announcement.
Rule 7.11.1 NZAX Listing Rules
Acquisition of securities

Dated: 26th April 2019

(a) Class of Security and ISIN: Ordinary Shares
NZBFWE0001S6

(b) Number acquired: 712,947

(c) Acquisition price: Approx. USD 0.25 (approx.
NZ$0.37)

(d) Whether payment was in cash: Yes, in cash

(e) Any amount paid up: Fully paid

(f) Percentage of the total Class of Securities acquired: 1.31%

(g) Reason for the acquisition: Purchase of remaining shares
held by Franchise Brands LLC
after end of collaboration
agreement.

(h) Specific authority for the issue or acquisition: Board resolutions dated 21 July
2018 and Shareholders
ordinary resolution dated 30
August 2018

(i) Terms or details of the acquisition: No other terms

(j) Total number of Securities of the Class in existence after the
acquisition:
53,670,195

(k) In the case of an acquisition of shares by an Issuer which is a
company registered under the Companies Act 1993, whether
those shares are to be held as Treasury Stock:
No. Shares are to be cancelled
effective 26
th
April 2019

(l) Date of acquisition: 26
th
April 2019



Mark Piet
CFO
Burger Fuel Worldwide Limited.