1 for 10 Rights Issue

Enprise Group Limited has announced that they are raising up to NZ$1.373 million in capital through a 1 for 10 renounceable rights issue and private placement of any shortfall.

The Offer is of fully paid ordinary shares of the same class as already quoted on the NZX Main Board of NZX Limited, priced at NZD0.85 (AUD0.77) per share.

The Offer is not expected to have any material effect or consequence on the control of Enprise.