Melbourne, Aug 22, 2017 AEST (ABN Newswire) - Xped Limited (ASX:XPE) is currently undertaking a Private Placement to sophisticated investors.

There has been a very high enquiry rate from current shareholders to participate in the placement. However, the raise is restricted to s.708 exempt investors only. If you have any enquiries and wish to participate, please contact the Lead Manager, Armada Capital & Equities Pty Ltd (details below).

Armada has allocated a small amount for this purpose and will do its best to accommodate interested parties.


About XPED Ltd

Raya Group ASX:RYG

XPED Ltd (ASX:XPE) is an Australian Internet of Things ("IoT") technology business. Xped has developed revolutionary and patent-protected technology that allows any consumer, regardless of their technical capability, to connect, monitor and control devices and appliances found in our everyday environment. It's as simple as two people shaking hands. By enabling the Internet of Things, Xped's ADRC platform will bring benefit to Manufacturers, Retailers, Service Providers, and Consumers.

     


Contact

Lead Manager
Armada Capital & Equities
Contact: Michael Shaw-Taylor
Email: michael.shaw-taylor@armadacapital.com.au



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