Mykco (MYK) Acquisition of Corporate Holdings Limited

Mykco ( MYK) advises the market that the contract for purchase of all the ordinary shares in Corporate Holdings Limited that it did not already own was completed today, 3 August 2018. The Special Meeting of Mykco shareholders held on 31 July 2018 approved all resolutions which then allowed the directors to declare the contract unconditional. Mykco had already owned 100,000 shares (1.54%) in Corporate Holdings Limited. This transaction allowed Mykco to acquire the Corporate Holdings Limited shares it did not already own (98.46%). The vendors were the shareholders of Corporate Holdings Limited (other than Mykco). The Vendors receive 16.27 ordinary shares in Mykco in return for each share they owned in Corporate Holdings Limited. Mykco has issued 104,323,240 fully paid ordinary shares in Mykco in consideration of the total purchase price of $6,132,436.80. Mykco has previously advised the market that its name will change with effect from the close of business on 3 August 2018 from Mykco Limited to General Capital Limited. The ticker code will change with effect from 6 August 2018 from MYK to GEN and the ISIN will remain unchanged as NZMYKE0001S9. For further information please contact: Brent King Chair Mykco Limited (General Capital Ltd ) 021 632 660 brent.king@irg.co.nz 3 August 2018 End CA:00321687 For:MYK Type:SECISSUE Time:2018-08-03 12:38:45