ikeGPS Group Limited logo

Proposed Issue of Securities - Appendix 3B ASX

Capital Raise9 July 2025IKEMaterials

Appendix 3B - Proposed issue of securities
Appendix 3B - Proposed issue of securities

1 / 9

Announcement Summary

Entity name

IKEGPS GROUP LIMITED

Announcement Type

New announcement

Date of this announcement

10/7/2025

The Proposed issue is:

Total number of +securities proposed to be issued for an offer of securities under a securities purchase plan

ASX +security code+Security description

Maximum Number of

+securities to be issued

IKEORDINARY FULLY PAID FOREIGN EXEMPT NZX2,469,135

+Record date

9/7/2025

Offer closing date

7/8/2025

+Issue date

14/8/2025

Total number of +securities proposed to be issued for a placement or other type of issue

ASX +security code+Security description

Maximum Number of

+securities to be issued

IKEORDINARY FULLY PAID FOREIGN EXEMPT NZX22,222,223

Proposed +issue date

22/7/2025

Refer to next page for full details of the announcement

A placement or other type of issueA placement or other type of issue

An offer of securities under a securities purchase plan

Appendix 3B - Proposed issue of securities
Appendix 3B - Proposed issue of securities

2 / 9

Part 1 - Entity and announcement details

1.1 Name of +Entity

IKEGPS GROUP LIMITED

We (the entity named above) give ASX the following information about a proposed issue of +securities and, if ASX agrees

to +quote any of the +securities (including any rights) on a +deferred settlement basis, we agree to the matters set out in

Appendix 3B of the ASX Listing Rules.

If the +securities are being offered under a +disclosure document or +PDS and are intended to be quoted on ASX, we also

apply for quotation of all of the +securities that may be issued under the +disclosure document or +PDS on the terms set

out in Appendix 2A of the ASX Listing Rules (on the understanding that once the final number of +securities issued under

the +disclosure document or +PDS is known, in accordance with Listing Rule 3.10.3C, we will complete and lodge with ASX

an Appendix 2A online form notifying ASX of their issue and applying for their quotation).

1.2 Registered Number Type

ARBN

Registration Number

615503145

1.3 ASX issuer code

IKE

1.4 The announcement is

1.5 Date of this announcement

10/7/2025

1.6 The Proposed issue is:

A placement or other type of issueA placement or other type of issue

An offer of +securities under a +securities purchase plan

New announcement

Appendix 3B - Proposed issue of securities
Appendix 3B - Proposed issue of securities

3 / 9

Part 4 - Details of proposed offer under securities purchase plan

Part 4A - Conditions

4A.1 Do any external approvals need to be obtained or other conditions satisfied before the offer of +securities

under the +securities purchase plan issue can proceed on an unconditional basis?

No

Appendix 3B - Proposed issue of securities
Appendix 3B - Proposed issue of securities

4 / 9

Part 4B - Offer details

+Class or classes of +securities that will participate in the proposed issue and +class or classes of +securities

proposed to be issued

ASX +security code and description

IKE : ORDINARY FULLY PAID FOREIGN EXEMPT NZX

Will the proposed issue of this

+security include an offer of

attaching +securities?

Details of +securities proposed to be issued

ASX +security code and description

IKE : ORDINARY FULLY PAID FOREIGN EXEMPT NZX

Maximum total number of those +securities that could be issued

if all offers under the +securities purchase plan are accepted

2,469,135

Will the offer be conditional on applications for a minimum

number of +securities being received or a minimum amount

being raised (i.e. a minimum subscription condition)?

Will the offer be conditional on applications for a maximum

number of +securities being received or a maximum amount

being raised (i.e. a maximum subscription condition)?

Will individual security holders be required to accept the offer for

a minimum number or value of +securities (i.e. a minimum

acceptance condition)?

Will individual security holders be limited to accepting the offer

for a maximum number or value of +securities (i.e. a maximum

acceptance condition)?

Is the maximum acceptance unit based or dollar based?

Please enter the maximum acceptance value

$ 30,000

Describe all the applicable parcels available for this offer in number of securities or dollar value

Security holders can accept a parcel of securities up to:

(a) NZ$32,500 per shareholder/ beneficial owner with a registered address in New Zealand; or

(b) A$30,000 per shareholder/ beneficial owner with a registered address in Australia.

Offer price details

Has the offer price been determined?

Dollar based ($)

Yes

No

No

No

No

Dollar based ($)

Yes

No

No

No

No

Dollar based ($)

Yes

No

No

No

No

Appendix 3B - Proposed issue of securities
Appendix 3B - Proposed issue of securities

5 / 9

In what currency will the offer

be made?

AUD - Australian Dollar

What is the offer price per

+security?

AUD 0.81000

Oversubscription & Scale back details

Will a scale back be applied if the offer is over-subscribed?

Describe the scale back arrangements

If the SPP is oversubscribed, IKE will scale back applications by reference only to the number of fully

paid ordinary shares held by those accepting the SPP on the record date.

Will these +securities rank equally in all respects from their issue date with the existing issued

+securities in that class?

Part 4C - Timetable

4C.1 Date of announcement of +security purchase plan

10/7/2025

4C.2 +Record date

9/7/2025

4C.3 Date on which offer documents will be made available to investors

16/7/2025

4C.4 Offer open date

16/7/2025

4C.5 Offer closing date

7/8/2025

4C.7 +Issue date and last day for entity to announce results of +security

purchase plan offer

14/8/2025

Part 4E - Fees and expenses

4E.1 Will there be a lead manager or broker to the proposed offer?

4E.2 Is the proposed offer to be underwritten?

4E.3 Will brokers who lodge acceptances or renunciations on behalf of eligible +security holders be paid a

handling fee or commission?

4E.4 Details of any other material fees or costs to be incurred by the entity in connection with the proposed offer

No

No

No

Yes

Yes

Yes

Yes

Yes

Yes

Yes

Yes

Yes

Appendix 3B - Proposed issue of securities
Appendix 3B - Proposed issue of securities

6 / 9

4E.4 Details of any other material fees or costs to be incurred by the entity in connection with the proposed offer

Fees and costs incurred by IKE include share registry fees, settlement fees and other legal adviser fees.

Part 4F - Further Information

4F.01 The purpose(s) for which the entity intends to use the cash raised by the proposed issue

Please refer to the Equity Raising Overview section of the Investor Presentation attached to the announcement lodged

with the NZX and ASX on 10 July 2025 entitled IKE announces equity raising of A$20 million.

4F.1 Will the entity be changing its dividend/distribution policy if the proposed offer is successful?

4F.2 Countries in which the entity has +security holders who will not be eligible to accept the proposed offer

All countries in which IKE has shareholders except for New Zealand and Australia

4F.3 URL on the entity's website where investors can download information about the proposed offer

www.ikeshareoffer.co.nz

4F.4 Any other information the entity wishes to provide about the proposed offer

The offer price will also be payable in NZD, and the NZD equivalent offer price per security is NZ$0.88 per share.

No

Appendix 3B - Proposed issue of securities
Appendix 3B - Proposed issue of securities

7 / 9

Part 7 - Details of proposed placement or other issue

Part 7A - Conditions

7A.1 Do any external approvals need to be obtained or other conditions satisfied before the placement or other

type of issue can proceed on an unconditional basis?

Part 7B - Issue details

Is the proposed security a 'New

class' (+securities in a class that is

not yet quoted or recorded by ASX)

or an 'Existing class' (additional

securities in a class that is already

quoted or recorded by ASX)?

Will the proposed issue of this

+security include an offer of

attaching +securities?

Details of +securities proposed to be issued

ASX +security code and description

IKE : ORDINARY FULLY PAID FOREIGN EXEMPT NZX

Number of +securities proposed to be issued

22,222,223

Offer price details

Are the +securities proposed to be issued being issued for a cash

consideration?

In what currency is the cash

consideration being paid?

AUD - Australian Dollar

What is the issue price per

+security?

AUD 0.81000

Will these +securities rank equally in all respects from their issue date with

the existing issued +securities in that class?

Yes

Yes

No

Existing class

No

Appendix 3B - Proposed issue of securities
Appendix 3B - Proposed issue of securities

8 / 9

Part 7C - Timetable

7C.1 Proposed +issue date

22/7/2025

Part 7D - Listing Rule requirements

7D.3 Will any of the +securities to be issued be +restricted securities for the purposes of the listing rules?

7D.4 Will any of the +securities to be issued be subject to +voluntary escrow?

Part 7E - Fees and expenses

7E.1 Will there be a lead manager or broker to the proposed issue?

7E.1a Who is the lead manager/broker?

Shaw & Partners Limited and Unified Capital Partners Pty Limited (Lead Managers)

7E.1b What fee, commission or other consideration is payable to them for acting as lead manager/broker?

The Lead Managers will, in the aggregate, be paid a combined fee by IKE for their services in connection with acting as

joint lead managers and underwriters in respect of the Placement, of 5% of the gross proceeds raised under the

Placement (excluding GST, if any).

7E.2 Is the proposed issue to be underwritten?

7E.2a Who are the underwriter(s)?

The Lead Managers are acting as underwriters to the Placement.

7E.2b What is the extent of the underwriting (ie the amount or proportion of the proposed issue that is

underwritten)?

Fully underwritten

7E.2c What fee, commission or other consideration is payable to them for acting as underwriter(s)?

See response above. The Lead Managers will, in the aggregate, be paid a combined fee by IKE for their services in

connection with acting as joint lead managers and underwriters in respect of the Placement, of 5% of the gross proceeds

raised under the Placement (excluding GST, if any).

7E.2d Please provide a summary of the significant events that could lead to the underwriting being terminated.

Refer to the Key Risks section of the Investor Presentation attached to the announcement lodged with NZX and ASX on

10 July 2025 entitled IKE announces equity raising of A$20 million.

7E.4 Details of any other material fees or costs to be incurred by the entity in connection with the proposed issue

Fees and costs incurred by IKE include share registry fees, settlement fees and other legal adviser fees.

Yes

Yes

No

No

Appendix 3B - Proposed issue of securities
Appendix 3B - Proposed issue of securities

9 / 9

Part 7F - Further Information

7F.01 The purpose(s) for which the entity is issuing the securities

Please refer to the Equity Raising Overview section of the Investor Presentation attached to the announcement lodged

with the NZX and ASX on 10 July 2025 entitled IKE announces equity raising of A$20 million.

7F.1 Will the entity be changing its dividend/distribution policy if the proposed issue proceeds?

7F.2 Any other information the entity wishes to provide about the proposed issue

The cash consideration will also be payable in NZD, and the NZD equivalent issue price per security is NZ$0.88 per

share.

7F.3 Any on-sale of the +securities proposed to be issued within 12 months of their date of issue will comply with

the secondary sale provisions in sections 707(3) and 1012C(6) of the Corporations Act by virtue of:

An applicable ASIC instrument or class order

No

An applicable ASIC instrument or class order

No

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.

Other issuers discussed similar conditions around this time

Matched by meaning across NZX announcement text, not keywords — based on our semantic index of announcement bodies.

  • IFT — Infratil Limited: ASX Appendix 3A.1 and ASX Appendix 3B
    2025-05-27

    Appendix 3B - Proposed issue of securities Appendix 3B - Proposed issue of securities 2 / 4 Part 1 - Entity and announcement details 1.1 Name of +Entity INFRATIL LIMITED. We (the entity named above) give ASX the following information about a proposed issue of +securities and, if…”

  • PEB — Pacific Edge Limited: Pacific Edge Launches $20M Capital Raise
    2025-05-29

    Appendix 3B - Proposed issue of securities Appendix 3B - Proposed issue of securities 2 / 9 Part 1 - Entity and announcement details 1.1 Name of +Entity PACIFIC EDGE LIMITED We (the entity named above) give ASX the following information about a proposed issue of +securities and,…”

  • SMI — Santana Minerals Ltd: Appendix 3B - Placement
    2025-08-10

    Appendix 3B - Proposed issue of securities Appendix 3B - Proposed issue of securities 1 / 5 Announcement Summary Entity name SANTANA MINERALS LIMITED Announcement Type New announcement Date of this announcement 11/8/2025 The Proposed issue is: Total number of +securities proposed…”