TradeWindow Holdings Limited logo

TradeWindow’s Share Purchase Plan closes fully subscribed

Capital Raise27 July 2022TWLIndustrials

MEDIA RELEASE
Share Purchase Plan closes fully subscribed

Auckland, NZ – 28 July 2022

Trade Window Holdings Ltd (TradeWindow) is pleased to announce that its $1 million

Share Purchase Plan (SPP) closed fully subscribed. The SPP closed on 25 July 2022. The

SPP forms part of TradeWindow’s $10 million capital raising announced on 12 July 2022,

whereby TradeWindow also undertook a $9 million private placement of new shares

(Placement).

TradeWindow CEO AJ Smith said: “We thank shareholders for their support of

TradeWindow through both the fully-subscribed share purchase plan and

oversubscribed placement. The funding will enable us to continue to execute on the

next phase of our growth strategy and plans.”

The new shares under the SPP will be issued at the price of NZ$0.70 which represents

the lower of the price paid by investors in the Placement (NZ$0.70 per share) and a

2.5% discount to the five day volume weighted average price of TradeWindow shares

traded on the NZX during the five trading days up to, and including, the end of the SPP

offer period.

Together with the $9m placement of new shares, TradeWindow has raised $10m in

new equity.

Settlement and allotment of the new shares issued under the SPP is expected to occur

on 29 July 2022. The new shares will rank equally with existing TradeWindow shares on

issue.


Further information


For further information in respect of the Placement and SPP, please refer to the capital

raising presentation released to the NZX on 12 July 2022. More investor information

about TradeWindow, including the Listing Profile and investor presentation, is available

at www.nzx.com under the ticker "TWL".


ENDS


Released for and on behalf of TradeWindow by:

Deidre Campbell

Chief Financial Officer


For further information:

Investors

Andrew Balgarnie

TradeWindow

+64 27 227 3541

Media

Coran Lill

The Project

+64 27 342 3836


About TradeWindow:

Founded in December 2018, TradeWindow is an early-stage software company that provides digital

solutions for exporters, importers, freight forwarders, and customs brokers to drive productivity, increase

connectivity, and enhance visibility. TradeWindow’s software solutions integrate to form a cohesive digital

trade platform that enables customers to more efficiently run their back-end operations, share information

and securely collaborate with a global supply chain made up of customers, ports, terminals, shipping

lines, banks, insurance companies, and government authorities.


www.tradewindow.io

Not for distribution or release in the United States.

This announcement does not constitute an offer to sell, or the solicitation of an offer to buy, any securities in the

United States or in any jurisdiction in which such an offer would be illegal. The SPP shares have not been and will not

be registered under the U.S. Securities Act of 1933 (the U.S. Securities Act) or the securities laws of any state or other

jurisdiction of the United States. Accordingly, the SPP shares may not be offered or sold, directly or indirectly, in the

United States or to persons that are acting for the account or benefit of persons in the United States, unless they have

been registered under the U.S. Securities Act, or are offered and sold in a transaction exempt from, or not subject to,

the registration requirements of the U.S. Securities Act and any other applicable state securities laws.

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.