Backdoor listing for Threat Protect Threat Protect set to double...

Backdoor listing for Threat Protect

Threat Protect set to double client base with acquisition of major security monitoring provider Key Points • Threat Protect will complete the acquisition of security service provider, Monitoring Excellence, by the end of September following the completion of due diligence • The acquisition will increase Threat Protect’s client base to ~20,000 • The security control rooms of Monitoring Excellence will be closed and its clients serviced by Threat Protect’s A1-graded facility, which will improve the level of service and reduce costs for the combined entities. • This acquisition is part of Threat Protect’s strategy to grow by leveraging the Company’s fixed cost security infrastructure and A1-graded facility • Due diligence is now underway on a second acquisition and other possible acquisitions have been identified.

Threat Protect is chaired by leading WA businessman and lawyer Derek La Ferla, who is also Chairman of ASXlisted copper producer Sandfire Resources. The Company is currently undertaking due diligence on a second acquisition. This process is expected to be completed in the next two weeks.