Nitro Software Says Resolution To Approve Alludo Offer Not Approved By Requisite Shareholders

Nitro Software Ltd (NTO.AX):

• ALLUDO SCHEME MEETING RESULTS

• RESOLUTION TO APPROVE ALLUDO SCHEME WAS NOT APPROVED BY REQUISITE MAJORITIES OF NITRO SHAREHOLDERS

• ALLUDO TAKEOVER OFFER REMAINS OPEN FOR NITRO SHAREHOLDERS TO ACCEPT

• 67.93% OF VOTES CAST IN FAVOUR OF ALLUDO SCHEME RESOLUTION BY REQUISITE MAJORITIES OF NITRO SHAREHOLDERS

• 67.93% OF VOTES CAST IN FAVOUR OF SCHEME RESOLUTION AND 32.07% OF VOTES CAST AGAINST SCHEME RESOLUTION

• ALLUDO HAS STATED OFFER PRICE OF A$2.15 CASH PER NITRO SHARE WILL NOT BE INCREASED

• NITRO BOARD UNANIMOUSLY RECOMMENDS TO ACCEPT ALLUDO TAKEOVER OFFER, IN ABSENCE OF A SUPERIOR PROPOSAL