Ann: DIRECTOR: SNK: Listing Rule 10.7.1 - Change in Directors at Snakk Media

• Release Date: 02/11/15 15:34
• Summary: DIRECTOR: SNK: Listing Rule 10.7.1 - Change in Directors at Snakk Media
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					SNK
02/11/2015 15:34
DIRECTOR
NOT PRICE SENSITIVE
REL: 1534 HRS Snakk Media Limited

DIRECTOR: SNK: Listing Rule 10.7.1 - Change in Directors at Snakk Media

SNK - MARKET UPDATE

2 November 2015

LISTING RULE 10.7.1 - CHANGE IN DIRECTORS AT SNAKK MEDIA (SNK)
AUCKLAND, New Zealand, 2 November 2015 - Following the success of the current
Share Offer which closed, oversubscribed, on 30 October Derek Handley has
confirmed his retirement as a Director of Snakk Media on 31 October 2015.
Derek Handley has been with Snakk since co-founding the company in 2010,
serving as its Chair until 1 September 2015. His retirement occurs as part of
the Board's evolution to support the Company's next phase of growth. Mr
Handley will provide advisory services to Snakk until March 2016, primarily
strategic advisory support, especially in relation to the development of new
markets and technological partnerships. As Snakk's largest shareholder, Mr
Handley remains a strong supporter of the Company and has committed to
maintaining his shareholding in the Company until at least the end of 2016.
He said "I have spent the last three years working with Mark and all the
directors really investing in the future platforms for the business to get
ready for the next phase and this has included evolving the board with some
exceptional talent ready to take on the challenge. As major shareholder and
co-founder, I'm excited and optimistic about Snakk's future under the
leadership of Peter, Mark and the team. I wish to thank them for all their
efforts to get us to this point and wish them the very best heading into a
very busy quarter ahead."

Peter James, Chairman of Snakk Media commented, "Derek has been a strong
leader since Snakk's establishment in 2010. The company's growth has been
impressive, and Snakk is now well positioned to pursue its vision to be the
largest independent mobile advertising specialist across Australia, New
Zealand and Southeast Asia. The Board are grateful to Derek for his many
contributions and look forward to working with management in ensuring the
company's future success."

The Board is also announcing the appointment of Heidi Aldred as Company
Secretary effective today, 2 November 2015. Heidi replaces Malcolm Lindeque,
who is currently on the Board as a Director.

ENDS

For media enquiries, please contact:
Julie Landry, +64 21 895 098, [email protected]

For investors enquiries, please contact:
Heidi Aldred, Company Secretary, +614 10802992, [email protected]
www.snk.co.nz, www.twitter.com/snakkmedia

About Snakk Media Ltd
Mobile advertising technology company Snakk Media offers a full suite of
mobile creative, content and technology services, empowering the world's
leading brands and agencies to accurately reach and engage with consumers on
their mobile devices. The company generates revenue every time it
successfully targets and delivers an ad across its networks of mobile
websites, apps and games. The ads are targeted to ensure the right audiences
see them at the right time and place.

Snakk's business units include Represent Media, a division that sells mobile
ad inventory for premium publishers, and Touch Create, a mobile-first
creative agency that complements Snakk's portfolio of audience-targeting,
geo-location and native advertising technologies.

Snakk was one of the first public companies in the world that has met the
rigorous social and environmental performance standards required to become a
certified B Corporation.
End CA:00272711 For:SNK    Type:DIRECTOR   Time:2015-11-02 15:34:48