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TRU.NZ | TRU.AX

TRU.NZ

TRU.AX

21 May 2026: TruScreen announces the opening of a NZ$2.9 million capital raise

The Capital Raising will comprise the following components:

Placement: A placement to institutional and other select investors in New Zealand and Australia to raise up to NZ$1,000,000 (A$833,333) by the issue of up to 71,428,571 new ordinary shares in TruScreen (Shares) at an issue price of NZ$0.014 (A$0.012) per Share (Placement), with the ability to accept oversubscriptions (at the Board's discretion and subject to Shareholder approval, if required). The Company has engaged SP Corporate Advisory Pty Ltd and Erity Capital Pty Ltd to act as joint lead managers of the Placement. The Placement is not underwritten.

Options: Shares issued under the Placement will carry attaching options with an exercise price of NZ$0.014 (A$0.012) and an exercise period of 24 months from the date of issue of the initial Share. The options are being offered at a ratio of one (1) option for every two (2) Shares subscribed for and issued under the Placement (Placement Options).

Rights Offer: A one (1) for five (5) pro-rata renounceable rights issue to raise up to circa NZ$1.943 million (A$1.644 million) (Rights Offer). Shares under the Rights Offer are being offered at NZ$0.013 (A$0.011) a 24% discount to the closing price on 19 May 2026.

The Company also intends to issue up to 30,000,000 options to the joint lead managers of the Placement (SP Corporate Advisory Pty Ltd and Erity Capital Pty Ltd) in consideration for services provided, subject to Shareholder approval (together with the Placement Options, the Options).

An Offer Document for the Rights Offer accompanies this announcement. Shareholders should read the Offer document in full before deciding what actions to take with their rights under the Rights Offer (Rights). 

Extension of Expiry Date for Existing Options

The Company also announces a variation offer in respect of the 204,741,031 unlisted options currently on issue, which have an exercise price of NZ$0.022 (A$0.02) per option and currently expire on 17 July 2026.

The Company offers to extend the expiry date of all Existing Options to 17 July 2027. All other terms and conditions of the Existing Options, including the exercise price of NZ$0.022 (A$0.02) per option, will remain unchanged.

The Extended Options Offer opens on 21 May 2026.

IMPORTANT NOTICE

This notice relates to a Prospectus lodged by TruScreen Group Limited ARBN 644 098 760 (Company) with the Australian Securities & Investments Commission (ASIC) on 21 May 2026 (Prospectus) in respect of the Company’s offers of:

  • up to 65,224,999 Extended Placement Options to Australian Placement Optionholders, on the basis of one free (1) Extended Placement Option for every one (1) Placement Option held (Extended Placement Optionholder Offer);

  • up to 14,613,570 Extended SPP Options to Australian SPP Optionholders, on the basis of one free (1) Extended SPP Option for every one (1) SPP Option held (Extended SPP Optionholder Offer); and

  • up to 14,025,000 Extended Broker Options to SP Corporate Advisory Pty Ltd and GBA Capital Pty Ltd (ExtendedBroker Options Offer),

(collectively, the Offers).

An electronic version of the Prospectus is accessible from this website. Before you attempt to access the electronic version of the Prospectus on this website, you must read this notice in its entirety and indicate your agreement (or otherwise) at the bottom of this notice to the terms of access contained on this webpage. If you agree to the terms and conditions contained on this page, you will be given access to the electronic version of the Prospectus.

If you access the electronic version of the Prospectus, you should ensure that you download and consider the document in full.

1.              JURISDICTION

Access to the electronic version of the Prospectus is only available to Australian residents accessing this website from within Australia. No action has been taken to register or qualify the Prospectus or the Offers, or to otherwise permit an offering of options under the Offers (Extended Options), in any jurisdiction other than Australia.

If you are accessing this site from anywhere outside Australia, you are not permitted to download, print or view the Prospectus accessible through this web page. The distribution of the Prospectus in jurisdictions outside of Australia may be restricted by law. Persons residing in any such jurisdiction who come into possession of the Prospectus should seek advice on and observe any such restrictions. Any failure to comply with such restrictions may constitute a violation of law.

The Prospectus does not constitute an offer to apply for Extended Options in any jurisdiction in which, or to any person to whom, it would be unlawful to make such an offer or invitation. The Board of Directors of the Company reserves the right to refuse to issue Extended Options to any applicant under the Offers if it believes that the applicant is restricted by law from applying for Extended Options or has otherwise failed to observe the laws of any relevant jurisdiction in making an application under the Offers.

2.              APPLICATION FORM

The Offers as constituted by this Prospectus in electronic form is only available to persons receiving an electronic version of this Prospectus and relevant Application Form within Australia.

3.              INVESTORS MUST SEEK ADVICE

Nothing contained on this website or in the Prospectus constitutes investment, legal, business, tax or other advice. In particular, the information on this website and in the Prospectus does not take into account your individual investment objectives, financial or taxation situation or particular needs.  In making an investment decision, you must rely on your own examination of the Company, the Extended Options and the terms of the Offers, including the merits and risks involved. You should consult your accountant, financial adviser, stockbroker, lawyer, tax adviser or other independent and qualified professional adviser if you have any questions in relation to the Offers.

4.              ACCEPTANCE OF CONDITIONS

By proceeding:

1)     You acknowledge and agree to the above statements, and confirm that you are a resident of, and accessing the Prospectus from within, either Australia.

2)     You confirm that you meet the eligibility criteria of the expected target market outlined in the Target Market Determination for the Offers.

Shareholder Support

For individual shareholder enquiries please contact MUFG on support@cm.mpms.mufg.com, or at the following address:

TruScreen Group Limited uses MUFG Corporate Markets (previously Link Market Services) as its share registrar.

MUFG CORPORATE MARKETS

L30, PWC Tower 15, Customs Street

West Auckland 1010

PO Box 91976

Auckland 1142, New Zealand

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