Capital Change Notice for Bridging Capital Placement

Capital Change Notice Rua Bisocience Limited (NZX: RUA) provides the attached Capital Change Notice pursuant to NZX Listing Rule 3.17. This notice relates to the issue of 3,968,254 ordinary shares under the placement announced on 20th September 2024 (the Placement). For the purposes of NZX Listing Rule 4.17.9(c), Rua’s objectives for allocations under the Placement were primarily to ensure short term funding was available to meet working capital needs, until such time as funds were available from the sale of the Gisborne Manufacturing facility. The funds from both sources would provide the Company with time to consider its broader capital raising requirements, which is likely to provide all shareholders with the ability to participate. The Board engaged with its significant shareholders to provide funding support for the Placement and made the allocations based on appetite and ability to execute within the required timeframe. ENDS     The person who authorised this announcement: Paul Naske Chief Executive Officer paul.naske@ruabio.com +64 21 445154