Veriphi Shareholder Update: 7 August 2017

Share Sale. Expressions of interest in in purchasing shares belonging to Kees Klein (Novel Services) has been high. The offer, which expired at 5pm on Friday 4 August, was oversubscribed. Forty-four shareholders expressed interest in acquiring more than 400,000 shares at the discounted price. The 371,864 shares available will be allocated on a prorata basis, for those who have expressed interest. We will confirm your allocation by the end of the week.

Consumable Production. Production of the first off tool parts for Veriphi’s consumable has commenced. We expect regular production to begin in the next week once the tool is fully commissioned.