RESEARCH AND DEVELOPMENT (R&D) REBATE
Raya Group Ltd (ASX: RYG) (“Raya” or “the Company”) wishes to advise it has finalised its R and D Tax
rebate for the year ended 30 June 2015.
The company is in the process of lodging the rebate and expects to receive $64,500
ESCROWED PLACMENT OF SHARES
The Company wishes to confirm the recent share placement of 30,000,000 shares on the 10 November
and 40,000,001 shares on the 20 November 2015.
ASX has advised the Company these shares are now in a holding lock subject to ASX’s escrow treatment
until after completion of the Xped transaction and re‐compliance with Chapters 1 and 2 of the ASX
Listing Rules.
As per the “Appendix 3B” announced to the market on November 25, the recent placement shares are
presently not quoted.
XPED ACQUISITION DUE DILIGENCE
Raya would like to confirm that the company is close to finalising its due diligence investigations in
respect of the acquisition of Xped Holdings Ltd .
Raya anticipates that an announcement in relation to the completion of Due Diligence will be released
prior to the market open on Tuesday 1 December 2015.
RYG Price at posting:
6.2¢ Sentiment: Buy Disclosure: Held