Shaw and Partners is pleased to be appointed as Joint Lead Manager to the equity capital raising by Retail Food Group (ASX: RFG)

RFG is undertaking a conditional institutional placement of new securities to raise approximately $150 million. The placement is conditional on shareholder approval which will be sought at a General Meeting to be held around 19 November 2019.

RFG will also undertake a Security Purchase Plan (“SPP”) to provide eligible security holders in Australia with the opportunity to participate in subscribing for up to a maximum of $30,000 of additional new securities.

The offer price of $0.10 per security represents a 41.2% discount to the last traded price, a 42.0% discount to the 5-day VWAP and a 43.3% discount to the 15-dayVWAP.

The offer is available to Australian resident Sophisticated and Professional Investor clients only.

For more information please contact your Shaw and Partners adviser.

About Retail Food Group

RFG is a global food and beverage company headquartered in Queensland, Australia. It is Australia’s largest multi-brand retail food franchise owner, a roaster and supplier of high-quality coffee products and an emerging leader in the foodservice, dairy processing and wholesale bakery sectors. The Company’s business is underpinned by four strategic growth drivers: Franchise, International, Coffee and Allied Beverage, and Commercial. Today, RFG’s network spans over 2,400 outlets across Australia and internationally and employs over 15,000 employees who make significant contributions to their local communities.