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PEB applies for ASX dual foreign exempt listing

30/08/2021, 09:46 NZST, GENERAL

PEB APPLIES FOR AUSTRALIAN STOCK EXCHANGE (ASX) DUAL FOREIGN EXEMPT LISTING Cancer diagnostics business, Pacific Edge Limited (NZX: PEB) will lodge an application today with the Australian Stock Exchange (ASX) to dual list as a Foreign Exempt Entity. Subject to the ASX accepting the application, PEB expects to be dual-listed on the ASX by the end of September 2021. Pacific Edge intends to maintain its primary listing on New Zealand Stock Exchange (NZX). The Board believes that a dual listing on the ASX is a logical progression for the company and a way of accessing a broader pool of institutional and retail investors who wish to share in PEB's success. Increasing the liquidity of our shares and widening our investor base have been consistent strategic objectives of the company. The ASX has given its approval in principle for this application. Chairman of Pacific Edge, Chris Gallaher, said: "We remain committed to our loyal New Zealand shareholder base, and our intention is to remain a New Zealand domiciled business. We are now seeing the value of our long-term strategy, with accelerating revenue growth as adoption of our Cxbladder products and test volumes grows. The Board believes that listing on the ASX is a way, over time, of accessing a broader pool of specialist international healthcare, institutional and retail investors, whilst providing a stronger share trading environment with greater liquidity and the potential for ASX index inclusion, for the benefit of all shareholders." Pacific Edge is included in the S&P NZX50 and has a market cap of more than NZ$ 900 million (as at 28 August 2021). ENDS For more information contact: David Darling, Chief Executive Officer, Pacific Edge Ltd, P: +64 (3) 479 5800 For media assistance, please contact: Jackie Ellis, P: +64 27 246 2505 E: jackie@ellisandco.co.nz OVERVIEW www.pacificedge.co.nz www.pacificedgedx.com Pacific Edge Limited (NZX: PEB) is a New Zealand publicly listed, cancer diagnostic company specialising in the discovery and commercialisation of diagnostic and prognostic tests for better detection and management of cancer. Its Cxbladder suite of non-invasive, simple to use and accurate diagnostic tests provide actionable results, and better detection and management of urothelial cancer. The company is developing and commercialising its range of Cxbladder bladder cancer tests globally through its wholly owned central laboratories in New Zealand and the USA. The company's products have been tested and validated in international multi-centre clinical studies. ABOUT Cxbladder Triage www.cxbladder.com Cxbladder Triage combines the power of the genomic biomarkers with additional phenotypic and clinical risk factors to accurately identify patients with haematuria who have a low probability of bladder cancer and may not require a more extensive urological evaluation. Cxbladder Triage is a tool for use by clinicians and physicians in primary evaluation of patients with haematuria and is intended to reduce the need for an expensive and invasive work-up in patients who have a low probability of having urothelial carcinoma. ABOUT Cxbladder Detect www.cxbladder.com Cxbladder Detect enables the non-invasive detection of bladder and other urinary tract cancers from a small volume of a patients' urine. Cxbladder Detect provides clinicians with a quick, cost effective and accurate measure of the presence of the cancer as an effective adjunct to cystoscopy. ABOUT Cxbladder Monitor www.cxbladder.com Cxbladder Monitor allows urologists to monitor bladder cancer patients for recurrence of the disease. Bladder cancer has a recurrence rate of 50-80% and requires life-long surveillance. Cxbladder Monitor accurately identifies patients with a prior history of urothelial cancer (UC) whose Cxbladder Monitor score shows that they have a low probability of recurrent urothelial carcinoma. Cxbladder Monitor is designed to be used as the preferred adjunct test to cystoscopy in the management of patients for ongoing evaluation of recurrent bladder cancer. ABOUT Cxbladder Resolve www.cxbladder.com Cxbladder Resolve identifies those patients who are likely to have aggressive or more advanced bladder cancer. Cxbladder Resolve, when used as part of the primary evaluation of haematuria and/or in conjunction with other Cxbladder tests (Triage, Detect), is designed to assist clinicians by accurately identifying patients with a high probability of having high grade or late stage bladder cancer, for whom alternative or expedited treatment options may be warranted, or who can be prioritised for further investigation in high throughput settings. Refer to www.cxbladder.com for more information. End CA:00378145 For:PEB Type:GENERAL Time:2021-08-30 09:46:09