Urbanise announces release of shares from escrow

Posted on June 15, 2017

Urbanise.com Limited (the “Company”) advises in accordance with Listing Rule 3.10A, that 6,445,000 ordinary shares in the Company are due to be released from voluntary escrow restriction on 01 July 2017.

The Company further advises that the following restrictions remain in place:

Number

Security

Restriction

Release Date

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