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Reminder of Retail Entitlement Offer Closing Date

Capital Raise8 November 2021MOVIndustrials

Company Announcement
9 November 2021


Not for release to US wire services or distribution in the United States


REMINDER OF MOVE RETAIL ENTITLEMENT OFFER CLOSING DATE

MOVE Logistics Group Limited (NZX: MOV), would like to remind eligible retail shareholders of the

opportunity to subscribe for new ordinary shares in MOVE (New Shares) through the Retail

Entitlement Offer.

The Retail Entitlement Offer is part of the capital raising announced on 27 October 2021, under

which MOVE is seeking to raise approximately $40 million of new capital via a fully underwritten 1

for 3.06 accelerated renounceable entitlement offer (Offer).

The Retail Entitlement Offer closes at 5.00pm (NZ time) on Friday, 12 November 2021.

Under the Retail Entitlement Offer, eligible retail shareholders may apply for 1 New Share for every

3.06 existing MOVE shares held at 6.00pm (NZ time) on the Record Date (being Friday, 29 October

2021), at an application price of NZ$1.40 per New Share.

Eligible retail shareholders can participate in the Offer online at move.capitalraise.co.nz. To

complete the online application, eligible retail shareholders will need their Holder Number and the

unique Entitlement Number found in the email sent to eligible retail shareholders by the registrar,

Link Market Services Limited, or on their personalised Entitlement and Acceptance Form (for

shareholders that receive postal communications). Eligible retail shareholders should complete their

application allowing sufficient time for it to be received by 5.00pm (NZ time) on Friday, 12

November 2021. Given the present uncertainties with respect to postal timing, all eligible retail

shareholders that wish to do so, are encouraged to apply online.

If shareholders have completed an application already, no further action is required.

Further details about the Offer, including the terms of the Offer and an explanation of how

shareholders can participate, are included in the Offer Document which is available to view online at

move.capitalraise.co.nz. Shareholders are encouraged to read the Offer Document carefully and

seek financial, investment or other profession advice from a qualified profession adviser before

deciding whether to participate.

The Offer is fully underwritten by Craigs Investment Partners and Bell Potter Securities Limited.

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.


Additional Information


This announcement has been prepared for publication in New Zealand and may not be released to

US wire services or distributed in the United States. This announcement does not constitute an offer

of securities for sale in the United States or any other jurisdiction. Any securities described in this

announcement may not be offered or sold in the United States absent registration under the US

Securities Act of 1933 or an exemption from registration.

Data sourced from publicly available filings. Our datasets may not be complete. Automated analysis can produce errors. If you believe any data on this page is incorrect, please contact us at hello@nzxplorer.co.nz. For informational purposes only. Not investment advice.

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