Tuesday, 20 February 2018

Announcement

OFFER: ERD: EROAD Limited - Placement Allotment

15 Dec 2017 15:58NZX
For the purposes of Listing Rule 7.12.1, EROAD Limited (NZX:ERD) advises that
the following shares have been issued on 15 December 2017:

(a) Class of Security       Ordinary shares
ISIN:         NZERDE0001S5

(b) Number issued: 5,099,247

(c) Issue price: $3.04

(d) Whether payment was in cash: Yes

(e) Any amount paid up: In full

(f) Principal terms of the Securities: Not applicable

(g) Percentage of the total Class of Securities issued: 8.357% of the
total number of fully paid ordinary shares prior to this issue

(h) Reason for the issue: Allotment of 5,099,247 ordinary shares under
a placement conducted by EROAD Limited

(i) Specific authority for the issue: Directors'' resolutions dated
11 December 2017

(j) Terms or details of the issue: New ordinary shares which rank
equally with all other fully paid ordinary shares in EROAD Limited on issue

(k) Total number of Securities of the Class in existence after the issue:
66,116,258

(l) Treasury Stock: Not applicable

(m) Date of issue: 15 December 2017

ENDS
Contact: Michael Bushby, Chairman on +64 64 927 4747. For more information
about EROAD visit our website www.eroad.com
End CA:00312041 For:ERD    Type:OFFER      Time:2017-12-15 15:58:38
Views: 204
EROAD Limited Ordinary Shares
 3.700 Change:
0.00
0.00%
 
Open:3.700 
High:3.700 
Low:3.700 
Volume:0 
Last Traded:07/02/18 00:20:49 
Bid:3.650 
Ask:3.700 
52-Wk High:3.990 
52-Wk Low:1.610