"As part of our continuous commitment to maximise value for our shareholders and enhance the Company's long-term prospects, we have undertaken an in-depth analysis of our engagement with the Primary Markets private trading platform. The evidence points to extremely limited shareholder activity on this platform – only 23 shareholders of over 2,200 have completed trades which represents just 0.009% of the issued capital. The high associated costs to the Company therefore appear misaligned with the actual volume of trade.Against this backdrop, we wish to update shareholders of an immediate step and further potential strategic initiatives that are under active consideration. Final Trading Window on Primary Markets – 25 March 2024 to 05 April 2024 In light of the cost benefit-analysis we have conducted, we intend to open one final two-week trading window on Primary Markets between 25 March 2024 to 05 April 2024. This will provide shareholders a final window to engage in trading activities through the Primary Markets trading platform. The Company will then seek to end its engagement with Primary Markets.The Board continues to assess how it can facilitate liquidity for shareholders including, in particular,shareholders with small holdings. The Board will update all shareholders at the appropriate time.Post this final trading window, the Company will proceed with the share consolidation as per the timetable outlined above"
