Urbanise.com Limited (the “Company”) advises in accordance with Listing Rule 3.10A, that 12,101,205 ordinary shares in the Company are due to be released from voluntary escrow restriction on 01 June 2017.
The Company further advises that the following restrictions remain in place:
Number
Security
Restriction
Release Date
5,000,000
Ordinary Shares
Escrow
01 July 2017
1,445,000
Ordinary Shares
Escrow
01 July 2017
19,612,147
Ordinary Shares
Escrow
07 August 2018
43,887,853
Ordinary Shares
Escrow
07 August 2018
797,917
Ordinary Shares
Escrow
14 August 2018
31,440,693
Ordinary Shares
Escrow
30 September 2018
About Urbanise
Urbanise is the creator of a cloud-based platform for delivering building services and managing property related financial transactions. Designed for strata managers, service providers, and asset owners, the Urbanise Industry Cloud software-as-a-service platform is transforming the traditional engineering approach to building operations – improving customer service, removing operational costs and enabling new revenue streams. Urbanise technology is used in some of the tallest towers and most prestigious communities around the globe. www.urbanise.com