WINGARA AG LTD (WNR)

The suspension of trading in the securities of Wingara AG Limited will be lifted from the commencement of trading on Monday, 11 July 2022 following lodgement of its full year financial statements for the period ended 31 March 2022 and the release by WNR of an announcement regarding a proposed transaction under Listing Rule 11.1.

Both Wingara and the counterparty to the Transaction have confirmed that they will not be proceeding with the Transaction in the form and structure contemplated. Wingara has entered into binding agreements for the sale of Austco Polar Cold Storage. The transaction process continues to progress well, and is on track to be completed by the nominated completion date, being 5 August 2022. Given ASX has completed its review of the Transaction and the Transaction will not be pursued at this time, Wingara has requested the reinstatement to trading of its ordinary shares at the commencement of trading on 11 July 2022.

The company lodges its Full Year Statutory Accounts.

The company's AGM will be held on 31 August 2022 and the closing date for receipt of nominations from persons wishing to be considered for election as a director, is 19 July 2022.

Austco Polar Cold Storage Pty Ltd, a subsidiary of Wingara AG Ltd, has been sold. The Purchasers are AP Cold Storage Pty Ltd and Sui Garden Pty Ltd, who have a number of cold storage and food manufacturing interests. The Purchasers have signed binding agreements for the sale of APCS. The sale of APCS marks the end of an asset divestment process announced on 24 August 2021. The Purchasers will continue to provide blast freezing and cold storage services to APCS's existing client base and will look to further develop the site over time.

The company releases a notification of cessation of securities.

The securities of Wingara AG Limited will be suspended from quotation immediately under Listing Rule 17.2, at the request of WNR, pending the release of an announcement regarding a proposed transaction under Listing Rule 11.1.

The suspension of trading in the securities of Wingara AG Limited will be lifted immediately following the release by WNR of an announcement.

The second hearing of its matter in the Federal Court of Australia (Victorian Registry) was held on Friday 18 June 2021 at 4:00 p.m. (AEST). The Court has granted the balance of the orders sought by the Company in its application, namely in relation to the cleansing notice issued by the Company on 6 September 2016.

The Court has granted the orders sought by the Company in relation to the appointment of its auditor and the validity of certain cleansing notices related to this and adjourned the balance of the Company's application in relation to the cleansing notice dated 6 September 2016 to a hearing to be held at a date to be fixed. As the Second Hearing date will sit outside the two-day trading halt limit, the Company has requested that its shares be placed in voluntary suspension.

The securities of Wingara AG Limited will be suspended from quotation immediately under Listing Rule 17.2, at the request of WNR, pending the release of an announcement regarding the outcome of a second Court hearing

The securities of Wingara AG Ltd will be reinstated to quotation immediately, following the release of an announcement by the Company.

The company has received commitments for a private placement of $6,735,326 for the issue of 19,243,783 new fully paid ordinary shares at $0.350 per share to institutional and sophisticated investors who are not related parties without requiring a prospectus. An additional $50,000 has been provided by Mark Hardgrave for a further 142,857 shares which will be issued to Mr. Mark Hardgrave, Wingara's newly appointed director, upon receiving shareholders' approval. With completion of first strategic acquisition of Austco Polar Cold Storage, the placement provides solid foundation for future opportunities and growth. Wingara continues to expand and invest in existing hay processing business by developing the new Raywood site.

The securities of Wingara AG Ltd will be suspended from quotation immediately, at the request of the Company, pending the release of an announcement regarding the completion of a capital raising.

Wingara Ag Limited (formerly Biron Apparel Limited) ("the Company") will be reinstated to official quotation as from the commencement of trading on Tuesday 9 February 2016, following the Company's recompliance with Listing Rule 11.1.3 and Chapters 1 and 2 of the ASX Listing Rules. Security Code: WNR

name changed from Biron Apparel Limited