Experience Completes Retail Component of Entitlement Offer

Experience Co Limited confirms it received applications for 5,255,901 Fully Paid Ordinary (FPO) shares at a price of $0.74 per share for $3,889,366 under the Retail Offer component of the fully underwritten 3 for 17 pro-rata accelerated non-renounceable Entitlement offer as announced on 11 December 2017.

When added to the 77,102,361 shares issued on 13 December 2017 under the Institutional Offer component, the company will have raised a total of $60,945,113 (before costs) through the issue of 82,358,261 shares under the Entitlement Offer, as set out in the ASX Appendix 3B Quotation Application lodged on 4 December 2017

The Company now has a total of 555,811,840 FPO shares on issue, of which 555,811,840 are quoted on ASX, with 6,756,757 FPO shares held under escrow until 15 December 2018.


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