Release of Shares – BuildingIQ

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Release of Shares, CDIs and Options from Escrow

November 30, 2017


Sydney – BuildingIQ (ASX: BIQ) advises that in connection with the Company’s quotation on the Australian Securities Exchange on 17 December 2015, particular security holders were required to enter into voluntary and ASX imposed escrow arrangements. The voluntary and ASX-imposed escrow arrangements provided that the relevant security holders would be restricted from dealing in their securities for periods of up to 24 months from the date of official quotation of the Company’s CHESS Depositary Interests (CDIs) on the ASX.

Pursuant to ASX Listing Rule 3.10A, the Company advises that a number of shares of the common stock of the Company (Shares), CHESS Depositary Interests (CDIs) and options are due for release from ASX imposed escrow and/or voluntary restrictions on 17 December 2017 as follows:

Shares

A total of 2,075,688 shares of common stock (Shares) (equivalent to the same number of CDIs) are due to be released from ASX-imposed escrow at the end of 17 December 2017.

CDIs

A total of 31,959,307 CDIs (equivalent to the same number of Shares) are due to be released from ASXimposed escrow at the end of 17 December 2017. A further 755,443 CDIs (equivalent to the same number of Shares) are due to be released from voluntary escrow at the end of 17 December 2017.

Options

A total of 3,905,586 options (equivalent to the same number of CDIs) are due to be released from ASXimposed escrow at the end of 17 December 2017.

At the end of 17 December 2017, there will be no ASX imposed or voluntary escrow restrictions which apply to the Company’s securities.

For further information contact:
Lisa Jones
Company Secretary
Ph.:  +61 9360 0602
E: lisajones@buildingiq.com