IDENTITII LIMITED(ID8)

The suspension of trading in the securities of Identitii Limited will be lifted immediately, following the release by ID8 of an announcement regarding a placement.

The securities of Identitii Limited will be suspended from quotation immediately under Listing Rule 17.2, at the request of ID8, pending the release of an announcement regarding a placement.

The suspension of trading in the securities of Identitii Limited will be lifted immediately, following the release by ID8 of an announcement regarding a capital raising.

$1.9m capital injection; Extended runway (market will be updated shortly on further cost reductions); Re-instatement to ASX today (14 May 2020); Sales focus led by new CEO, John Rayment; Strategic investment interest from several global financial institutions.

The company releases an Appendix 2A.

The company lodges its Updated Quarterly Activity Report and Appendix 4C.

The company's 1 for 1 non-renounceable entitlement offer closed on Friday, 24 April 2020. 54,518,799 shares were on offer at $0.07 per share. Identitii received acceptances for 11,951,535 shares and raised $836,607. The new shares are expected to be issued on 1 May 2020. The Directors have reserved the right to place any of the remaining 27,259,400 shares within three months of the closing date of the Entitlement Offer.

The company lodges its Appendix 4C - quarterly.

The prospectus and accompanying entitlement and acceptance forms for the partially underwritten non-renounceable entitlement offer at $0.07 per share have been mailed to eligible shareholders today.

The company releases a notice of Proposed issue of Securities - ID8.

The company has amended the timetable in relation to its partially underwritten 1 for 1 nonrenounceable entitlement offer as follows: Prospectus lodged with ASIC - Monday, 30 March 2020; "Ex" date (i.e. the date from which existing Shares no longer carry an Entitlement) - Thursday, 2 April 2020; Record date for the Entitlement Offer (Record Date) - 7pm on Friday, 3 April 2020; Mailing of the Prospectus (and Entitlement and Acceptance Form) completed - Tuesday, 7 April 2020; Entitlement Offer Opening Date - Wednesday, 8 April 2020; Entitlement Offer Closing Date - 5pm on Friday, 24 April 2020; Announcement of the results of the Entitlement Offer - Wednesday, 29 April 2020; Entitlement Offer Issue Date - Friday, 1 May 2020; Despatch of holding statements in relation to all new Shares issued under the Entitlement Offer - Tuesday, 5 May 2020.

The company issues a prospectus that details a partially underwritten 1 for 1 non-renounceable entitlement offer of new fully paid ordinary shares in Identitii Limited to raise up to approximately $3.82 million. The Entitlement Offer closes at 5pm (Sydney time) on Friday, 24 April 2020 (unless extended). Applications must be received before that time and date.

The company has entered into an underwriting agreement with Gleneagle Securities (Aust) Pty Ltd pursuant to which Gleneagle will underwrite up to half of the AU$3.82 million being sought by the company under the proposed rights issue. Under the rights issue, each eligible shareholder will be entitled to subscribe for one (1) new fully paid ordinary share in the company for every one (1) ordinary share held as at the yet to be specified record date. New shares will be offered under the rights issue at an issue price of $0.07 per new Identitii share.

Due to unprecedented market volatility, it has resolved not to proceed with its offer to raise $3.27m at $0.24 per share and is withdrawing its prospectus. Identitii has instructed its share register, Boardroom Pty Limited, to return all funds received under the Prospectus to applicants.

The company issues a notice of Proposed issue of Securities - ID8.

The company issues a prospectus for the offer of up to 13,629,698 fully paid ordinary shares in Identitii Limited at an issue price of $0.24 per share to raise gross proceeds of up to approximately $3.27 million. No shares will be issued under this prospectus if the company is unable to raise a minimum of $2.0 million under the offer.

The company lodges its Half Yearly Report and Accounts.

Identitii expects the continued voluntary suspension to last until the release to the market of the prospectus together with an announcement in relation to the outcome of the capital raise in the week ending 29 February 2020.

Identitii expects the continued voluntary suspension to last until the earlier of the commencement of trading on Wednesday, 12th February 2020 or the release to the market of an announcement by the company in relation to the outcome of the placement.

The securities of Identitii Limited will be suspended from quotation immediately under Listing Rule 17.2, at the request of ID8, pending the release of an announcement regarding a proposed equity raise to be conducted by way of an institutional placement.

listed entity carried for record purposes only