Ann: GENERAL: SNK: Snakk Media Migraion to the NXT Market

• Release Date: 20/10/15 08:30
• Summary: GENERAL: SNK: Snakk Media Migraion to the NXT Market
• Price Sensitive: No
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					SNK
20/10/2015 08:30
GENERAL
PRICE SENSITIVE
REL: 0830 HRS Snakk Media Limited

GENERAL: SNK: Snakk Media Migraion to the NXT Market

SNK: Migration to the NXT Market

20 October 2015

MIGRATION TO THE NXT MARKET
On 5 October 2015, Snakk Media Limited (NZAX: SNK) (Snakk) issued a pre break
announcement relating to its application to NZX for:
(a) cessation of Quotation of its shares on the NZX Alternative Market (NZAX)
in accordance with Rule 5.4.1(b) of the NZAX Listing Rules; and
(b) commencement of Quotation of its shares on the NXT Market,
(the Migration).

Snakk announces that in the 10 trading days following 5 October 2015, no
special meeting of shareholders has been called pursuant to section 121 of
the Companies Act 1993. Accordingly, Snakk intends to proceed with the
Migration on the basis of the pre break announcement, provided that the
remaining conditions imposed by NZX are fulfilled to NZX's satisfaction.

The expected timetable for the Migration and the capital raising being
undertaken by Snakk is as follows:
Event Date
Shareholder Priority Offer closes Tuesday 27 October 2015
General Offer closes (Closing Date) Friday 30 October 2015
Trading Halt applied to Shares on NZAX 5.00pm on Friday 30 October 2015
Allotment of New Shares  Wednesday 4 November 2015
Commencement of trading on the NXT Market Thursday 5 November 2015
Expected dispatch of holding statements  By no later than Wednesday 11
November 2015
Expected dispatch of any refund payments (if required) By no later than
Wednesday 18 November 2015

Capitalised terms used in this announcement and which are not otherwise
defined have the meanings given to those terms in the NZX Listing Rules or
the NXT Market Rules.
ENDS

For media enquiries, please contact:
Julie Landry, 021 895 098, [email protected]
www.snakkmedia.com
For investor enquiries, please contact:
Malcolm Lindeque, Company Secretary, 021 464 392, [email protected]
www.snk.co.nz, www.twitter.com/snakkmedia
John Moore, Miro Capital Advisory Limited, +64 9 213 3474,
[email protected]
About Snakk Media
Mobile advertising technology company Snakk 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 mobile technologies.
Snakk is 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:00271980 For:SNK    Type:GENERAL    Time:2015-10-20 08:30:10