• IMG has successfully completed a $20m placement to new and existing institutional investors
• The placement will be used to top up working capital following the proposed acquisition of Tyco NZ and Red Wolf Security
• The pro-forma gearing of the company will return to 1.6x Net Debt to EBITDA, in line with the pre-acquisition level

Intelligent Monitoring Group Limited (IMG) has successfully completed a placement of approximately $20m to new and existing sophisticated investors under its existing placement capacity pursuant to ASX Listing Rule 7.1. Approximately 34.5m new fully paid ordinary shares in IMG will be issued under the Placement at a price of $0.58 per share, representing a 10.1% discount to the last closing price and a 3.3% discount to the 5-day VWAP. The net proceeds raised from the Placement will be used by IMG to top up working capital following the proposed acquisition of Tyco New Zealand and Red Wolf Security announced on 11 December 2025, and associated transaction costs. The pro-forma gearing of the Company will return to 1.6x Net Debt to EBITDA, in line with the pre-acquisition level. The New Shares are expected to settle on 22 December 2025 and allotment is expected to occur on 23 December 2025. Canaccord Genuity (Australia) Limited and Morgans Corporate Limited acted as Joint Lead Managers to the Placement, and AE Advisors acted as independent advisor.

The acquisition of Tyco NZ and Red Wolf will bolster IMG's footprint in NZ and open a path to faster organic growth. The successful placement, which was well covered with new institutional shareholders, puts IMG in a strong position to continue its journey toward becoming a leading technical Security and Fire Services business.