22 December 2020

WEBCENTRAL GROUP LIMITED (ASX: WCG)

Cleansing Notice under section 708A of the Corporations Act 2001 (Cth)

Webcentral Group Limited ACN 073 716 793 (ASX: WCG) (Companyor WCG) gives this notice under section 708A(5)(e) of the Corporations Act 2001(Cth) (Act).

The Company has issued 14,705,882 fully paid ordinary shares (New Shares) on 21 December 2020 at an issue price of $0.17 cents per New Share. These New Shares were issued to sophisticated investors under a placement as approved by shareholders at the Company's extraordinary general meeting held on 18 December 2020 (Placement).

The Company advises that:

  1. the New Shares issued pursuant to the Placement were issued without disclosure under Part 6D.2 of the Act;
  2. this notice is given under section 708A(5)(e) of the Act;
  3. as at the date of this notice, the Company has complied with:
    1. the provisions of Chapter 2M as they apply to the Company; and
    2. section 674 of the Act;
  4. as at the date of this notice, there is no information that is "excluded information" within the meanings of sections 708A(7) and 708A(8) of the Act that is required to be set out in this notice under section 708A(6)(e) of the Act.

ENDS.

The release of this announcement to the ASX was authorised by the Webcentral Board of Directors.

P: 02 9215 6300

P: 02 9215 6300

P: 02 9215 6300

Level 23, 680 George St,

Level 9, 505 Little Collins St,

Level 3, 192 Ann

Sydney NSW 2000

Melbourne VIC 3000

Street

Brisbane QLD 4000

Webcentral group ABN 21 073 716 793

ACN 073 716 793

webcentralgroup.com.au

About Webcentral Group Ltd

Webcentral Group Ltd is Australia's largest full-service digital services partner for small and medium businesses - fuelling the growth of local businesses from inception to acceleration.

Since its founding in 1996, Webcentral Group Ltd (previously Melbourne IT Group and Arq Group) has helped fuel the digital success of more than one million Australian small to medium businesses. With roots in domain name and hosting, Webcentral Group Ltd are the small and medium business digital growth solution experts helping businesses get online, improve their online performance, and protect their online presence.

Webcentral Group Ltd consists of the brands Netregistry, WME, Melbourne IT, and Domainz. The Webcentral Group Ltd Enterprise division was divested in March 2020.

P: 02 9215 6300

P: 02 9215 6300

P: 02 9215 6300

Level 23, 680 George St,

Level 9, 505 Little Collins St,

Level 3, 192 Ann

Sydney NSW 2000

Melbourne VIC 3000

Street

Brisbane QLD 4000

Webcentral group ABN 21 073 716 793

ACN 073 716 793

webcentralgroup.com.au

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WebCentral Group Limited published this content on 22 December 2020 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 22 December 2020 08:16:01 UTC