MOA Rights Issue Update

Since its announcement on 22 February 2019, MOA Group Limited (NZX: MOA) has made good progress satisfying conditions for the Savor Group acquisition. The next key milestone is the special meeting of shareholders to be held on 12 March 2019 at 3pm at Level 5 of the Seafarers Building, Britomart, Auckland. MOA anticipates strong shareholder support for the acquisition. Assuming shareholder approval for the Savor acquisition, MOA intends to open its 1 for 11 rights issue to raise $2 million (with provision for over subscriptions for a total raise of up to $3 million) on 18 March 2019. End CA:00331596 For:MOA Type:SECISSUE Time:2019-03-07 08:31:37