Ann: Notice under ASX Listing Rule 3.10.5A, page-2

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Notice under ASX Listing Rule 3.10.5A
Further to the announcement dated 5 February 2019, LiveTiles Limited (Company) is pleased to confirm that it has completed the $15.3m placement (before costs) to sophisticated and professional investors (Placement). The Placement resulted in the issue of 45,000,000 fully paid ordinary shares (New Shares) at an issue price of $0.34 per New Share.
The Placement was completed utilising the Company’s existing capacity under ASX Listing Rule 7.1A. Accordingly, the Company provides the following supplementary information as required by ASX Listing Rule 3.10.5A.
1. The dilution to the existing holders of fully paid ordinary shares of the Company as a result of the issue of 45,000,000 New Shares is 8.07%.
2. The New Shares were issued for cash consideration and resulted in the Company raising
$15.3 million (before costs). The Company considered that this was the most efficient and effective manner to raise funds for present purposes. The Company notes that a SPP was recently conducted in September 2018.
3. The New Shares were issued to sophisticated and professional investors who participated in the Placement as announced by the Company on 5 February 2019.
4. The Placement was not underwritten.
5. Fees in connection with the Placement paid or payable to the lead manager was $765,000 (plus GST).