PBH 4.35% 48.0¢ pointsbet holdings limited

Ann: Pause in Trading, page-36

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    PointsBet intends to distribute to shareholders the net sale proceeds (after applicable
    taxes and transaction costs) together with the majority of its corporate cash reserves. The
    Board currently estimates this distribution of capital to be approximately A$1.07 to A$1.10
    per share3,
    , in total. The distribution of capital is expected to be made over two tranches
    in-line with the two-stage completion process (refer Annexure A)
 
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