Update on Migration of Incorporation to Australia

ADMIN

Thu, Sep 21 2023 08:30 am

Update on Migration of Incorporation to Australia and Delisting from NZX

Sydney, Australia – TASK Group Holdings Limited (TASK or the Company) announces that it has successfully completed its registration as an Australian public company with the Australian Securities and Investments Commission, effective 18 September 2023. The Company is now registered under the Australian Corporations Act 2001 (Cth) with Australian Company Number (ACN): 605 696 820 and is deemed removed from the New Zealand companies register.

The Company previously announced its intention to migrate its incorporation to Australia and, in due course, de-list from the NZX (so that its sole listing is on the ASX), when it released its full year results on 30 May 2023.

Migration of the Company’s incorporation to Australia, approved by shareholders at the Company’s Annual General Meeting on 24 July 2023, will simplify the corporate structure and administration of the Company and clarify the tax residency of the Company. Furthermore, consolidation of the Company’s shares on the ASX would reduce listing costs.

TASK will update the market on the timing of the proposed de-listing from the NZX in due course.

ENDS

Approved for release by the CEO and CFO of TASK Group Holdings Limited.

For more information, visit https://TASKsoftware.com or contact:

For investors
Daniel Houden
CEO
[email protected]

Bill Crichton
Chairman
[email protected]

For media:
Domestique
Jon Snowball | Roger Newby
+61 477 946 068 | +61 401 278 906

About TASK Group
TASK Group is a leading provider of technology solutions enabling its global hospitality clients to maximise their customer relationships in an increasingly digital world.

TASK’s end-to-end cloud-based platform helps clients to improve customer experiences across every transactional touchpoint, including digital customer-facing services, back-of-house and enterprise operations. The Group’s ecosystem combines transaction services, personalisation, offer management and BI technology to help clients generate operational efficiencies, drive valuable data insights about their consumer base, activate new promotions and build brand loyalty.