ikeGPS Group Limited (“IKE”) – Trading Halt of Securities

NZX Limited
Level 2, NZX Centre
11 Cable Street
PO Box 2959
Wellington 6140
New Zealand
Tel +64 4 472 7599

www.nzx.com

Memorandum

To:
Market Participants
From:
NZX Product Operations
Date:
Thursday, 10 July 2025
Subject
: ikeGPS Group Limited (“IKE”) – Trading Halt of Securities


Message
:
NZ RegCo has approved a trading halt application from ikeGPS Group Limited (“IKE”). Trading
in IKE equity securities was halted at pre-market open today.

Attached is the trading halt application, for further information.

Please contact NZX Product Operations on +64 4 496 2853 or productoperations@nzx.com
with any queries.

ENDS

---

10 July 2025
To: NZ RegCo
11 Cable Street
Wellington 6011
New Zealand
issuer@nzregco.com
ASX Limited
20 Bridge Street
Sydney
New South Wales 2000
Australia
tradinghaltsNZ@asx.com.au
Request for trading halt: IKEGPS GROUP LIMITED (NZX:IKE, ASX:IKE)
We request a trading halt be applied to ikeGPS Group Limited’s (IKE) ordinary shares (ISIN
NZIKEE0001S9) under NZX Listing Rule 9.9.1(a) a nd ASX Listing Rule 17.1, and set out below
the details of the request as per the rules of each of NZX and ASX.
We would like the trading halt to commence from the commencement of trading on 10 July 2025
and be lifted at the earlier of: (i) an announcement of completion of the Placement discussed
below; and (ii) commencement of trading for quoted equity securities on 14 July 2025.
Reasons for trading halt, including impact of event on fair orderly or transparent
markets: IKE is proposing to undertake a full y underwritten equity placement to institutional
and other select investors of approximately A$18 million (approximately NZ$19.6 million) (the
Placement), and has engaged Shaw and Partners Limited and Unified Capital Partners Pty Ltd as
underwriters and to assist IKE with the Placement bookbuild. IKE also proposes to undertake a
non-underwritten share purchase plan of approximately A$2 million (approximately NZ$2.2
million) that will follow the Placement.
IKE considers that the trading halt is desirable to enable IKE to conduct the Placement bookbuild
and determine the allocation of shares. IKE considers that, but for the trading halt, the
Placement process would impact a f air, orderly or transparent market as information about the
Placement or take up by investors may be known by some market participants and not others,
so the market would not be trading on a full y informed basis.
As soon as the Placement and the allocation of shares under the Placement are completed, IKE
will be in a position to release details of the results of the Placement to the market. IKE believes
that such information will be price sensitive.
How long we want the trading halt to last and why: We would like the trading halt to last
up to two trading days, commencing from the commencement of trading today, 10 July 2025,
until the earlier of: (i) announcement of completion of the Placement; and (ii) commencement of
trading for quoted equity securities on 14 July 2025.
The event we expect to happen that will end the trading halt: Announcement of the
outcome of the Placement by IKE.
We confirm that we ar e not aware of any reason why the trading halt should not be granted, or
of any other information necessary to inform the market about the trading halt.
Please contact me if you have any concerns or queries. Alternatively, you can contact Tom Jemson
at Chapman Tripp (+64 4 498 4971 / Tom.Jemson@chapmantripp.com).
Yours sincerely
Glenn Milnes
Chief Executive Officer & Managing Director
ikeGPS Group Limited