FAMILY ZONE CYBER SAFETY LIMITED (FZO)

name changed to Qoria Limited

The suspension of trading in the securities of Family Zone Cyber Safety Limited will be lifted from the commencement of trading on Monday, 9 August 2021, following the release by FZO of an announcement regarding the institutional component of the Entitlement Offer in accordance with the ASX timetable outlined in the Announcement lodged with ASX on Friday 6 August 2021.

$114.1 million raised through the Placement and Institutional Entitlement Offer as part of Family Zone's $146.4 million capital raising. The Placement and Entitlement Offer has been fully underwritten and was very well supported by a number of high quality existing and new institutional investors. The Retail Entitlement Offer to raise approximately $32.3 million will open on 11 August 2021. Funds raised are being used to fund the acquisition of Smoothwall and associated transaction costs.

The company releases a notice of Employee Incentive Share Issue.

The company releases a notification of application for quotation of securities.

The company will be hosting an investor webinar on Friday, 6 August 2021 (today) at 8:30am AWST / 10:30am AEST. Register for the investor webinar at the link below: https://us02web.zoom.us/webinar/register/WN_zFcuid0kQceAXmeRt7yU2A.

The company releases a notification of proposed issue of securities.

The company releases a retail entitlement offer document for a non-renounceable accelerated pro rata fully underwritten Entitlement Offer of New Shares at an issue price of A$0.55 each on the basis of 5 New Share for every 16 Shares held on the Record Date to raise up to approximately A$75 million.

The Company is undertaking a fully underwritten ~$146 million equity capital raising, which includes a 5 for 16 pro-rata accelerated non-renounceable entitlement offer of fully paid ordinary shares in the Company to raise approximately $75 million. The balance of the funding will be raised via a fully underwritten placement to professional, sophisticated and institutional investors to raise approximately $71 million. Proceeds from the equity raising will be used principally to fund the consideration for the Company's acquisition of Smoothwall.

The company releases an Investor Presentation- Acquisition and $146M Capital Raising.

Family Zone executes binding agreement to acquire Smoothwall, UK's leading provider of K-12 digital safety solutions, for £75.5 million ( A$142.0 million ) cash consideration. Smoothwall is an industry pioneer, with a mature filtering product and a leading position in UK education, servicing approximately 38% of the market. Smoothwall's market leading "Monitor" product is a key driver of growth and services the rapidly growing market for data, analytics & monitoring (a market recently buoyed by regulatory mandates in the UK). This product is proven and portable to all markets. Smoothwall currently provides services to more than 12,400 schools and 6 million students. The company generates circa A$30 million of annual recurring revenue and delivered a pro forma unaudited EBITDA of ~ A$7.0 million for the financial year ended March 2021. The acquisition of Smoothwall creates the world's most compelling K-12 digital safety solution incorporating Family Zone's fast growing Linewize K-12 solutions, Family Zone's parental controls and Smoothwall's scale and world-leading solutions. The acquisition is accretive to Family Zone shareholders, being acquired for ~4.7x annual recurring revenue. The acquisition will be funded by a fully underwritten institutional placement of ~A$71.0 million and a pro-rata accelerated non-renounceable entitlement offer of ~A$75.4 million to raise gross proceeds of approximately ~A$146.4 million. The capital raising associated with the Acquisition is being undertaken by the Joint Lead Managers, Shaw & Partners and Euroz Hartleys, with Argonaut as Co-Manager.

The securities of Family Zone Cyber Safety Limited will be suspended from quotation from the commencement of trading on Friday 6 August 2021 under Listing under Listing Rule 17.2, at the request of FZO, pending the release of an announcement regarding the completion of the Institutional Entitlement Offer.

listed entity carried for record purposes only