Proposed issue of securities - ABX

ABX Group Limited has announced a proposed issue of 948,413 fully paid ordinary shares to Ms Joycelyn Morton in lieu of cash payment for her accrued Non-Executive Director and Non-Executive Chair fees. Shareholder approval is being sought for this transaction, with a determination date set for 26/5/2025. The securities will be issued under an existing class and will rank equally with existing securities. The proposed issue date is 2/6/2025, and the purpose is to manage cash reserves by paying outstanding fees. No lead manager or broker is involved, and the issue will not be underwritten. The Company confirms that any on-sale of the securities within 12 months will comply with relevant regulations. Investors are welcome to inquire further about this announcement or seek clarification on any details provided.