SHARE PURCHASE PLAN AND STRATEGIC UPDATE

May 5, 2015

Shareholders on BluGlass’ register at 5 pm AEST on 4 May, 2015 with registered addresses in Australia and New Zealand will be given the opportunity to apply for up to A$15,000 worth of BluGlass’ ordinary shares at the fixed subscription price of 6.25 cents per share via the SPP without incurring brokerage or other transaction costs. This subscription price represents a 18.83% discount to the last closing price of the Company’s shares on 4 May 2015 and a 18.53% discount to the 5 day VWAP of the Company’s shares.

 

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