Cashrewards Limited refered to the off-market takeover bid for all the shares in Cashrewards made by 1835i Ventures Trusco III Pty Ltd. in its capacity as trustee to the 1835i Ventures Trust III (1835i) it does not already own for $1.135 cash for each share (the Offer). Following 1835i declaring the Offer unconditional and acquiring control of Cashrewards, non-executive directors Mr. Andrew Clarke and Mr. Rajeev Gupta have resigned as directors of Cashrewards.