Truscreen Share Issue

Truscreen Limited
Capital Change Notice




Section 1: Issuer information
Name of issuer Truscreen Limited
NZX ticker code TRU
Class of financial product Ordinary Shares
ISIN (If unknown, check on NZX website) NZTRUE0001S7
Currency NZD
Section 2: Capital change details
Number issued 74,860,021
Nominal value (if any) Not applicable

Issue price per security $0.05
Nature of the payment (for example, cash or other
consideration)
Cash
Amount paid up (if not in full) Paid in full
Percentage of total class of Financial Products
issued/acquired/redeemed/ (calculated on the number of
Financial Products of the Class, excluding any Treasury Stock,
in existence)
1

32.9%
For an issue of Convertible Financial Products or Options, the
principal terms of Conversion (for example the Conversion
price and Conversion date and the ranking of the Financial
Product in relation to other Classes of Financial Product) or the
Option (for example, the exercise price and exercise date)
Not applicable
Reason for issue and specific authority for issue 40,000,000 ordinary shares
were issued pursuant to a
share purchase plan (SPP)
conducted by CBD
22,560,021 ordinary shares
were issued to satisfy excess
applications received under
the SPP
12,300,000 ordinary shares
were issued to a number of
wholesale investors pursuant
to a placement
Total number of Financial Products of the Class after the issue
(excluding Treasury Stock) and the total number of Financial
Products of the Class held as Treasury Stock after the issue.
302,394,825
In the case of an acquisition of shares, whether those shares
are to be held as treasury stock
Not applicable

1
The percentage is to be calculated immediately before the issue, acquisition, redemption or Conversion.

Specific authority for the issue, acquisition, or redemption,
including a reference to the rule pursuant to which the issue,
acquisition, or redemption is made
The issue of 40,000,000
shares under the SPP were
approved by a Directors
Resolution and issued in
accordance with Listing Rule
4.3.1(c).
The issue of the 22,560,021
shares in respect of the
satisfaction of excess
applications received under
the SPP were approved by a
Directors Resolution and
issued in accordance with
Listing Rule 4.5.
The issue of 12,300,000
shares under a placement to
wholesale investors was
approved by a Directors
Resolution and issued in
accordance with Listing Rule
4.5
Terms or details of the issue, acquisition, or redemption (for
example: restrictions, escrow arrangements)
The new shares will rank
equally with all other fully paid
shares on issue
Date of issue/acquisition/redemption 21 May 2020
Section 3: Authority for this announcement and contact person
Name of person

authorised to make this announcement Guy Robertson
Contact person for this announcement Guy Robertson
Contact phone number +61 407983270
Contact email address guyrobertson@truscreen.com
Date of release through MAP

21 May 2020

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TRUSCREEN LIMITED
DIRECTOR’S CERTIFICATE
The following directors, having voted in favour of a resolution dated 21 May 2020 relating to the
issue of shares, hereby certify:

1. The terms of the issue are as follows:
Number of shares to be issued: 74,860,021
Issue price of shares: 5 cents per share
Persons to who shares to be issued: Shareholders and Eligible investors in a
Private Placement

Payment date for consideration: On or before the date of the issue of the
Shares

Details of consideration: Cash

2. In our opinion, the consideration for and terms of issue are fair and reasonable to the
Company and all existing shareholders.



Anthony Ho Chris Horn


Chris Lawrence Kelly Hickey