Further to the ASX announcement dated 19th February 2018, the Board of TopBetta Holdings Limited (ASX:TBH) ("TopBetta" or the "Company") is pleased to announce that the Company has completed the issue and allotment of 3,508,771 fully paid ordinary shares ("Placement Shares") to raise AUD$1M at 28.5 cents per Placement Share from sophisticated and institutional investors ("Placement").

The Placement Shares have been issued without disclosure under the Company's placement capacity under ASX Listing Rule 7.1.

Further to the ASX announcement dated 9th October 2017, the Company wishes to advise that Modern Wagering Systems Pty Ltd ("MWS") has satisfied it's training and support obligations in respect of the software code base of the Global Tote. Accordingly, the Company has released the voluntary escrow restrictions applicable to 1.25M of MWS' shares with effect on and from today.

MWS continues to be an avid supporter of the Company and remains a shareholder of TBH.


About Betmakers Technology Group Ltd

Betmakers Technology Group Ltd (ASX:BET)(OTCMKTS:TPBTF) is an ASX-listed holding company and a global provider of online wagering products and services to both wholesale and retail markets through its various wholly owned subsidiaries. The Company operates a retail wagering business, offering consumers wagering, fantasy tournament and content products and services.

    

Contact

Charly Duffy
Company Secretary
E: companysecretary@thebetmakers.com
M: + 61-409-083-780

Jane Morgan
Investor and Media Relations
E: investors@thebetmakers.com
M: +61-405-555-618



Link: TopBetta Completes $1m Placement


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