BOOKTOPIA GROUP LIMITED(BKG)

ASIC is advised that the administrator has completed their duties and the administration process has concluded.

a loss declaration has been issued and the capital loss can therefore be claimed in the financial year 2024/25 the declaration is issued (this declaration was issued on 21 November 2024 )

A copy of the company's minutes documenting key decisions about the company's administration are lodged with ASIC.

A liquidator is appointed in a creditors' voluntary winding up of the company.

The company notifies ASIC of a special resolution passed by the creditors of the company resolving that the company be wound up.

Keith Alexander Crawford, Matthew Caddy and Damien Pasfield of McGrathNicol are appointed liquidators

delisted for non-payment of annual listing fee under Listing Rule 17.15

we understand the company failed to pay to ASX Limited the annual listing fees for the year ending 30 June 2025

Under Listing Rule 17.6, an entity (if not already suspended) that had not paid its annual listing fees by close of business on Wednesday, 21 August 2024 would have its securities suspended from Official Quotation before the commencement of trading on Thursday, 22 August 2024. The Company has failed to pay to ASX the annual listing fees for the year ending 30 June 2025, and each entity's securities are already suspended from quotation.

A sale of Booktopia's business and related assets to Booktopia Direct (IP) Pty Ltd and Booktopia Direct Pty Ltd was completed on Friday evening (16 August). The Transaction enables the immediate resumption of trading for the Booktopia business, a vital part of Australia's publishing industry. The Purchasers have confirmed their intention to hire over 100 employees, with former Booktopia staff encouraged to rejoin the group.

Notice is now given that the meetings of the Companies will be held at 11:00AM (AEST) on Monday 15 July 2024.

The securities of Booktopia Group Limited were suspended at BKG's request on 17 June 2024 pending the release of an announcement regarding further outcomes from the previously announced strategic review including its progress in seeking additional funding. Having regard to the announcement on 3 July 2024 of the appointment of voluntary administrators of BKG and its subsidiaries, ASX has determined that BKG's financial condition is not adequate to warrant the continued quotation of its securities and therefore is in breach of Listing Rule 12.2. Accordingly, BKG's securities will now continue to be suspended from quotation under Listing Rule 17.3. The suspension will continue until such time that ASX is satisfied with BKG's compliance with the Listing Rules, including Listing Rule 12.2 and that it is otherwise appropriate for BKG's securities to be reinstated to quotation.

Keith Crawford, Matthew Caddy and Damien Pasfield were appointed Voluntary Administrators of Booktopia Group Limited and its subsidiaries.

The company releases a notice of cancelation of proposed issue of securities.

The Company is continuing to seek funding to improve its liquidity, meet redundancy costs, and to provide it with ongoing working capital. The Company is continuing to seek support from suppliers and existing shareholders. Due diligence has been undertaken by some of these parties and the Company is now seeking to meet the preconditions required for any funding to be made available. The timetable for coming out of suspension is predicated on the form any potential funding takes, and the Company expects it will be in a better position to advise on the viability and form of that funding by 19 July 2024. In its opinion, the continued trading of the Company's securities is likely to be materially prejudicial to its ability to seek support from various parties and to obtain necessary funding.

The company is requesting an extension of its voluntary suspension on its securities until it can announce its strategic review and seek additional funding. The company is seeking alternative funding sources to meet redundancy costs and provide ongoing working capital. It is also exploring strategic options and is currently in due diligence from some parties. The suspension's release depends on the form of potential funding and the company expects to advise on its viability and form by the end of next week. The company believes continued trading could be materially prejudicial to its ability to seek support and obtain funding.

The securities of Booktopia Group Limited will be suspended from quotation immediately under Listing Rule 17.2, at the request of BKG, pending the release of an announcement regarding further outcomes from the previously announced strategic review including its progress in seeking additional funding.

listed entity carried for record purposes only