• Director placement of $600K subject to shareholder approval
• $60K senior management placement included in shareholder approval
• Shareholder approval for director placement obtained at AGM
• Directors considering alternate funding options

Activeport Group Ltd (ASX:ATV) has issued a correction regarding its previous capital raising announcements. The company had announced firm commitments including $660K by directors and senior management to subscribe for ATV shares at $0.033 per share, comprising $600K by directors (subject to shareholder approval) and $60K by senior management. The $60K senior management placement was included in the shareholder approval obtained at a meeting held on 7 November 2025. However, the shareholder approval for the director placement of $600K expired 3 months after the meeting. Shareholder approval for the director placement was finally obtained at the company's Annual General Meeting on 26 November 2025, but by that time, the funding that the directors and senior management had arranged was no longer available. The directors are now considering alternate funding options, and any future placement to Activeport directors will be subject to shareholder approval. The company notes that Activeport directors have subscribed a total of over $1.4 million for ATV securities since October 2023 and they have every intention of continuing to subscribe for further ATV securities as and when appropriate circumstances arise.