Enprise Group Limited logo

1 for 10 Rights Issue

Capital Raise25 October 2022ENSInformation Technology

Corporate Action Notice
(Other than for a Distribution)

Updated June 2022


Page 1 of 2


Section 1: Issuer information (mandatory)

Name of issuer Enprise Group Limited

Class of Financial Product Ordinary Shares

NZX ticker code ENS

ISIN NZENSE0001S2

Name of Registry Link Market Services Limited

Type of corporate action Share Purchase

Plan/retail offer

Renounceable

Rights issue or

Accelerated

Offer

X

Capital

reconstruction

non-

Renounceable

Rights issue or

Accelerated

Offer


Call Bonus issue

Record date 02/11/2022

Ex Date (one business day before the

Record Date)

01/11/2022

Currency NZD

Section 2: Rights issue or Accelerated Offer

If Accelerated Offer, structure N/A

Number of Rights to be issued or

entitlements available for security

holders in the Accelerated Offer

1,615,770 (not quoted)

Maximum number of Financial Products

to be issued if offer is fully subscribed

1,615,770

ISIN of Rights security (if applicable) N/A

Oversubscription facility Y

Entitlement ratio (for example 1 for 3)

Please contact NZX ahead of announcing the offer if

each Right will be exercisable for more or less than

one Financial Product (i.e unless prior arrangement is

made, Rights will be exercisable on a one for one

basis)

New 1 Existing 10

Treatment of fractions Rounded down

Subscription price NZ$0.85 (AU$0.77)


2 of 2

(per Financial Product)

Letters of entitlement mailed 3/11/2022

Offer open 3/11/2022

Offer close 18/11/2022

Quotation date

1

(if Rights will be

quoted)

N/A

Allotment date Market open on:

24/11/2022

Section 7: Authority for this announcement (mandatory)

Name of person authorised to make this

announcement

Elliot Cooper

Contact person for this announcement Elliot Cooper

Contact phone number 0275615501

Contact email address elliotc@enprise.com

Date of release through MAP 25/10/2022

---

100554800/9535633.1
25 October 2022

NZX Limited

Level 1, NZX Centre

11 Cable Street

Wellington

NOTICE PURSUANT TO CLAUSE 20(1)(a) OF SCHEDULE 8 TO THE FINANCIAL MARKETS

CONDUCT REGULATIONS 2014: ENPRISE GROUP RIGHTS ISSUE

1 Enprise Group Limited (NZX: ENS) (Enprise) has announced that it intends to raise

up to NZ$1.373 million in capital (the Offer). The Offer will consist of a pro-rata 1 for

10 renounceable rights issue (Rights Issue) and may comprise a private placement

of any shortfall in the Rights Issue.

2 The Offer is of fully paid ordinary shares of the same class as already quoted on the

NZX Main Board of NZX Limited. The Offer will be made pursuant to NZX Main Board

listing rules 4.3.1(a) and 4.4 at a price of NZD0.85 (AUD0.77) per share. Enprise is

not seeking to quote the rights under the Rights Issue on NZX.

3 Pursuant to clause 20(1)(a) of Schedule 8 to the Financial Markets Conduct

Regulations 2014 (FMC Regulations), and the Financial Markets Conduct Act 2013

(FMCA), Enprise states that:

3.1 Enprise is making the Offer in reliance upon the exclusion in clause 19 of

Schedule 1 to the FMCA and is giving this notice under clause 20(1)(a) of

Schedule 8 to the FMC Regulations.

3.2 As at the date of this notice, Enprise is in compliance with the continuous

disclosure obligations that apply to it in relation to ordinary shares in Enprise,

and there is no information that is “excluded information” as defined in clause

20(5) of Schedule 8 to the FMC Regulations.

3.3 As at the date of the notice, Enprise is in compliance with its financial

reporting obligations.

4 The Offer is not expected to have any material effect or consequence on the control

of Enprise.

Yours faithfully


Elliot Cooper

Chief Executive

Enprise Group Limited

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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