Me Today confirms $10m placement to Wholesale Investors

2 JUNE 2021

As Me Today Limited (NZX:MEE) announced to NZX on Monday 31 May 2021, Me Today has agreed
to acquire 100% of King Honey Limited from interests associated with Terry Jarvis for total
consideration of $36 million. In conjunction with the acquisition, Me Today also announced it
intended to raise $15.75 million (at an issue price of 8.8 cents per share) to partially fund the
acquisition, and has mandated CM Partners to assist with the capital raise.
Me Today is pleased to advise that it has received firm commitments for $10 million of new Me
Today shares at 8.8c from a range of financial market participants and other wholesale
investors. Me Today plans to raise the balance of $5.75 million through a retail offer to existing Me
Today shareholders, clients of market participants and other members of the public. The share
issues remain subject to shareholder approval intended to be sought in late June.
Me Today Chairman, Grant Baker said: “The Board is delighted with the positive response to the
wholesale offer, which we see as an endorsement of the King Honey acquisition. The Board also
considers it is very important for the existing Me Today shareholders to have an opportunity to
participate in the capital raising initiative. Me Today also wishes to open the retail offer to a wider
range of retail investors with a view to broadening the Company’s shareholder base.”
Me Today anticipates that the documentation for the retail offer will be made available next week,
once the Notice of Special Meeting of shareholders and related information has been released to the
market.
For further information, please contact.
Grant Baker
Chairman, Me Today Limited
021 729 800
grant@gbaker.co.nz