SPP

9 April 2018 Completion of $5m Share Purchase Plan and Allotment of Shares Sky and Space Global Ltd (ACN 117 770 475) (Company) advises that the Share Purchase Plan (SPP) announced on 13 March 2018 was closed on 3 April 2018 and the Company has raised the full $5,000,000 under the SPP offer. The Board is very pleased with the final result of the SPP and that it was well supported by SAS shareholders. The shortfall was placed to the Merchant Opportunities Fund and a few long term strategic investors in the Company. Under the SPP, SAS offered its shareholders the opportunity to subscribe for up to $15,000 in ordinary shares per eligible shareholder at the offer price of $0.12 per share without brokerage or transaction costs. The Company received applications from existing retail shareholders for 22,180,363 shares for a total of $2,661,652, a take-up of 53%, with the Merchant Opportunities Fund and other long-term shareholders taking up the shortfall. The SPP and shortfall shares were allotted utilizing the Company’s ASX Listing Rule 7.1 placement capacity. The SPP and shortfall shares will be allotted Wednesday 11 April 2018. An Appendix 3B is enclosed. The Company thanks its shareholders for their support in the SPP.