Datagate Innovation Further Share Issue - 4 December 2015

In accordance with resolution 2 passed at the Enprise Group Limited Special Meeting held 4 November 2015; an additional 569,000 shares in Datagate Innovation Limited have been issued for $1.00 per share.

The total number of new shares issued in accordance with resolution 2 in Datagate Innovation Limited to external investors is now 1,219,429 shares, bringing the total number of shares on issue to 2,719,429. Enprise Group Limited’s share of Datagate Innovation Limited has now been reduced to 55.16%.

The new shares have been issued to :

  • Ice Angels Nominees Limited 319,000
  • NZVIF Investments Limited 250,000

It is expected that further issues of shares in accordance with resolution 2 will be made. All issues to external investors of shares in Datagate Innovation limited were made on a pre-money valuation of $1.5M (Enprise Group Limited’s investment).

Elliot Cooper 
Chief Executive Officer 
Enprise Group Limited


 

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