Closing of Rights Offer

Closing of Rights Offer  
 
Wellington, New Zealand - 03 March 2020  
 
PaySauce (NZX:PYS) announces it has now closed its 1 for 7 pro-rata renounceable  
rights offer as announced on 21 January 2020. The additional capital raised will  
assist PaySauce to further develop its New Zealand presence and expand into  
other markets.  
 
The last applications received will be processed this week together with  
applications to participate in the oversubscription facility. The shares taken up  
under the Offer are expected to be allotted and commence trading on 9 March  
2020. A further announcement with details of the total capital raised will be  
released at that time.  
 
ENDS  
 
 
 
ABOUT PAYSAUCE  
 
PaySauce is software at work for people, providing employment solutions to small  
and medium-sized businesses. PaySauce enables business owners to pay and  
manage employees accurately and efficiently using web, iOS, and Android  
applications. The PaySauce platform includes mobile timesheets, payroll  
calculations, banking integration, PAYE filing, labour costing, automated general  
ledger entries and digital employment contracts.  
www.paysauce.com  
 
CONTACT  
Please direct any investment queries to investor@paysauce.com.