General Capital Limited (GEN:NZ) Capital Raising Update

General Capital advises that it now expects to complete its placement process on or prior to 5pm on 3 December 2018. This time coincides with the closing of the Share Purchase Plan offer. Previous announcement on 15 October 2018 anticipated a 15 November 2018 closing. The directors have advised that following completion of these placements further shares may be issued including to Directors or Associated Persons of the Company (on the same terms as the Placements) to enable them to maintain their percentage shareholdings. On behalf of the Board of Directors Brent King Managing Director 29 November 2018 For Further information please contact Mr. Brent King 64 (0)21 632 660 Brent.King@GenCap.co.nz End CA:00327574 For:GEN Type:OFFER Time:2018-11-29 09:42:10