Ann: Less than Marketable Parcel Sale Facility., page-5

14 March 2019 LESS THAN MARKETABLE PARCEL SALE FACILITY Cirralto Limited (CRO or Company) is pleased to announce a less than marketable parcel sale facility for holders of less than marketable parcels of the Company’s shares. This facility is open to shareholders who at 7pm AEDT on 13 March 2019 (Record Date) held 49,999 fully-paid ordinary shares or less with value of less than $500, based on the closing price of $0.01 on the Record Date. This represents 6,617,282 ordinary shares, held by 1,212 shareholders. The Company values all of its shareholders, however, it incurs significant administrative costs maintaining such a large number of unmarketable parcel shareholdings on its register. By facilitating this sale, the Company expects to reduce the administrative costs and also to provide an opportunity to investors with small holdings, who may find it difficult or expensive to dispose of those shares through normal means, to dispose of their small holdings in a cost-effective manner. CRO will bear all costs, including brokerage, related to the sales under this facility. The sales price will be determined once all of the shares under the facility are sold. Each shareholder will receive their proportionate share of the sale proceeds for all shares sold through the program. A summary of the key dates in relation to the facility are as follows: Event Date Less than marketable parcels Record Date 7.00pm (AEDT) 13 March 2019 Less than marketable parcels Announcement to ASX 14 March 2019 Letter to shareholders holding Less than marketable parcels of CRO shares By 18 March 2019 Closing Date for receipt of Share Sale Election Form 5.00pm (AEST) 3 May 2019 Payment Date Expected to be on or about 17 May 2019 Attached is a copy of the letter to shareholders and Share Sale Election Form which will be dispatched to all shareholders holding a less than marketable parcel of shares as at the Record Date.