Ann: GENERAL: SNK: Snakk NXT migration and share offer pre-break announcement

• Release Date: 05/10/15 09:44
• Summary: GENERAL: SNK: Snakk NXT migration and share offer pre-break announcement
• Price Sensitive: No
• Download Document  826B

					SNK
05/10/2015 09:44
GENERAL
PRICE SENSITIVE
REL: 0944 HRS Snakk Media Limited

GENERAL: SNK: Snakk NXT migration and share offer pre-break announcement

Snakk Media Limited (NZAX: SNK) (Snakk) has applied to NZX to request:
(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.

Snakk also proposes to issue new shares.  The issue price will be NZ$0.045
per new share, and the amount to be raised under the offer is up to $1.5
million, with over-subscriptions of up to an additional $800,000.

Further important details about the migration and the offer are set out in
the attached pre break announcement.
End CA:00271268 For:SNK    Type:GENERAL    Time:2015-10-05 09:44:57