Entitlement Offer to Fund Growth

Spectur to raise c.$0.95M (before costs) via an Entitlement Offer.

The non-renounceable entitlement offer is made on the basis of one (1) New Share for every five (5) Shares held by Eligible Shareholders on the Record Date of 2 May 2024 at a price of $0.02 per New Share (Entitlement Offer).

The Offer follows a recently completed placement of $250,000 at a price of $0.02 to a small number of existing Spectur shareholders, with those funds being used to fully repay the existing loan from EGP Capital.

Spectur Board including Managing Director Gerard Dyson, intend to participate for c.$64,000.

Funds will be used towards addressing restructuring costs, working capital for up-front costs of hardware and components for larger orders, buyback of unmarketable share parcels and costs of the offer.