TRU Share Placement and Rights Offer Raises NZ$2.6m

NZX/ASX Announcement 18 March 2024 NZX Limited Wellington TruScreen Share Placement and Rights Offer Raises NZ$2.6 million Truscreen Group Limited (NZX/ASX:TRU) (Truscreen or Company) is pleased to advise that the recent Placement and Rights Offer capital raise concluded at just over NZ$2.6 million, with NZ$1,236,000, before costs, raised in a share placement and NZ$1.4 million through the renounceable Rights Offer. Results of the Rights Offer TruScreen advise that it closed its 1 for 3 pro rata renounceable rights offer ("Rights Offer"), on 13 March 2024. The over subscription bookbuild price was set by the board at NZ$0.02 or A$0.0187, the same price as the Rights Offer. Approximately 70 million new shares were taken up by Eligible Shareholders from their entitlements and over subscription applications, raising approximately NZ$1.4 million. Placement TruScreen has also placed an additional approximately 61.8 million new ordinary fully paid shares at NZ$0.02 (raising NZD$1,236,000, before costs) in accordance with the 15% Placement Rule. Allotment of new shares Settlement, allotment and trading in the new shares under the Rights Offer, and the Placement is expected to occur on or before 20 March 2024 under the existing ticker "TRU". Non-executive Chairman, Tony Ho commented, "this is an outstanding result and demonstrates the confidence that investors have in the Company following solid progress this financial year with the inclusion of TruScreen Ultra2 device on Chinese Obstetrics and Gynaecological Association (COGA) Blue Book (national guideline) and additional listing in the national guideline of China Society of Colposcopy and Cervical Pathology (CSCCP). TruScreen Ultra2 was also listed on Vietnam's Ministry of Health, National Technical List. In recent months, Mexico's regulator, COFEPRIS approved TruScreen Ulta2 device for use in Mexico's Public Health Sector. I would like to thank existing shareholders for their ongoing support, and welcome new shareholders to the register as we look forward to FY2025." -ENDS- This announcement has been approved by the Board. Guy Robertson Company Secretary For more information, visit www.truscreen.com or contact: Martin Dillon Chief Executive Officer martindillon@truscreen.com Guy Robertson Chief Financial Officer guyrobertson@truscreen.com End CA:00428090 For:TRU Type:OFFER Time:2024-03-18 08:30:25