Share purchase plan price annoucement

OFFER
Mon, Apr 22 2024 05:29 pm

MARKET RELEASE

23 April 2024

Share purchase plan price announcement

TradeWindow (NZX: TWL), a global trade software company, yesterday announced the successful completion of its capital raising launched last month. The $2.0 million placement has been fully subscribed, while the share purchase plan was oversubscribed by 10.4%. The company has resolved to accept all over subscriptions.

On 26 March, TradeWindow announced that new shares issued under the share purchase plan would be issued at the lower of the placement price of $0.175 per share, or a 2.5% discount to the VWAP of TradeWindow shares traded on the NZX during the 40 trading days up to, and including, the end of the offer period.

The issue price has been determined to be $0.175 per share.

TradeWindow has resolved to bring forward the allotment of new shares to Wednesday, 24 April 2024. The company had previously published Friday, 26 April 2024 as the allotment date.

Released for and on behalf of TradeWindow by:



AJ Smith

Executive Director and Chief Executive Officer


ENDS



About TradeWindow:

Founded in December 2018, TradeWindow is an NZX-listed software company that provides digital solutions for exporters, importers, freight forwarders, and customs brokers to drive productivity, increase connectivity, and enhance visibility. TradeWindow’s software solutions integrate to form a cohesive digital trade platform that enables customers to more efficiently run their back-end operations, share information and securely collaborate with a global supply chain made up of customers, ports, terminals, shipping lines, banks, insurance companies, and government authorities.

www.tradewindow.io

Further information:

Investors

Andrew Balgarnie

TradeWindow

+64 27 559 4133


Media

Richard Inder

The Project

+64 21 645 643


Announcement PDF


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