Institutional Bookbuild Oversubscribed at Clearing Price

Company Announcement
29 October 2021

MOVE INSTITUTIONAL BOOKBUILD HEAVILY OVERSUBSCRIBED AT CLEARING
PRICE
Following the successful completion of the Institutional Entitlement Offer and Bookbuild, and by way
of clarification to MOVE’s earlier announcement today, MOVE Logistics Group Limited advises that
the Institutional Bookbuild which closed on 28 October 2021 was more than two times
oversubscribed at the clearing price of $1.48, being the highest price at which the available
entitlements in the bookbuild were fully cleared.
As advised, the Institutional Bookbuild was well supported with a number of new Australian and
New Zealand institutions joining the share register.
ENDS
For further information, please contact:

Chris Dunphy
Executive Director
Phone: +61 417 888 930
Email: Chris@movelogistics.com
Lee Banks
Chief Financial Officer
Phone: +64 27 525 2876
Email: Lee.Banks@movelogistics.com

For media assistance, please contact: Jackie Ellis t: + 64 27 246 2505 e: jackie@ellisandco.co.nz

About MOVE Logistics Group Limited (MOV)
MOVE is one of the largest domestic freight and logistics businesses in New Zealand, with a
nationwide network of branches, depots and warehouses.