Boom Logistics : Cancellation of Shares – Buyback – 15/11/18

15 November 2018

ASX code: BOL

Minimum Holding Buy-back

Notification of cancellation of shares

In accordance with Listing Rule 3.8A, Boom Logistics Limited advises that it has cancelled 1,094,557 fully paid ordinary shares for a total cash consideration of $239,926.96. The total number of fully paid ordinary shares remaining following the cancellation is 473,774,207. Please find attached ASIC form 484 in relation to the cancelled shares.

Further information:

Malcolm Ross Company Secretary [phone]

This announcement contains certain forward-looking statements with respect to the financial condition, results of operations and business of Boom and certain plans and objectives of the management of Boom. Forward-looking statements can generally be identified by the use of words such as 'project', 'believe', 'foresee', 'plan', 'expect', 'aim', 'potential', 'goal', 'target', 'intend', 'anticipate', 'believe', 'estimate', 'may', 'could', 'should', 'will' or similar expressions. All such forward looking statements involve known and unknown risks, significant uncertainties, assumptions, contingencies and other factors, many of which are outside the control of Boom, which may cause the actual results or performance of Boom to be materially different from any future results or performance expressed or implied by such forward looking statements. Such forward-looking statements speak only as of the date of this announcement. Factors that could cause actual results or performance to differ materially include without limitation the following: risks and uncertainties associated with the Australian and global economic environment and capital market conditions, fluctuations in foreign currency exchange and interest rates, competition, Boom's relationships with, and the financial condition of, its suppliers and customers, or legislative changes, or regulatory changes or other changes in the laws which affect Boom's business. The foregoing list of important factors is not exhaustive. There can be no assurance that actual outcomes will not differ materially from these statements. Readers should not place undue reliance on forward looking statements. Except as required by law and ASX Listing Rules, Boom undertakes no obligation to update publicly or otherwise revise any forward looking statement as a result of new information, future events or other factors.

ABN 28 095 466 961

Boom Logistics Limited

Suite B Level 1,

55 Southbank Boulevard

Southbank VIC 3006

T [phone]

F [phone]

Australian Securities & Investments Commission

Change to company details

Company details

Company name

BOOM LOGISTICS LTD

Australian Company Number (ACN)

095 466 961

Forms Manager

Form being prepared

Date/time: 12-11-2018 09:57:32 Reference Id: 118555449

Form 484

Corporations Act 2001

Lodgement details

Who should ASIC contact if there is a query about this form?

Name

Signature

This form must be signed by a current officeholder of the company.

I certify that the information in this form is true and complete Name

Capacity SignatureDate signed

Form 484 - Change to company details BOOM LOGISTICS LTDACN095 466 961

C1 Cancellation of shares

Reason for cancellationShares cancellation details

Reason for cancellation

ss.257H(3) Share buyback - Minimum holding

buy-back only

The cancelled shares are listed below:

Share class code	Number of shares cancelled	Amount paid (cash or otherwise)
ORD	1094557	239926.96

Earliest Date of cancellation

15-10-2018

C3 Change to share structure

The updated details for this changed share class are shown in the table below.

Share class code	Full title if not standard	Total number of shares	Total amount paid on these shares	Total amount unpaid on these shares
ORD	ORDINARY

Earliest date of change

15-10-2018