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Forte Energy NL (FTE)


Wednesday 16 November, 2016

Forte Energy NL

Capresi Conversion Notice

                                                                               BOS GLOBAL Holdings Limited
                                                                                           ACN 009 087 852

                                                                                               AIM Release
                                                                                          16 November 2016

Capresi Conversion Notice

BOS GLOBAL Holdings Limited ("BOS" or "the Company") (AIM: BOS), is pleased to advise that the drawdown  of
£200,000  under  the  Convertible  Note  agreement  ("Capresi  Note")  with  Capresi  Consolidated  Limited
("Capresi") has been completed. No further funds are available for draw down under this agreement.

The  Company advises that it has today received and accepted a Conversion Notice from Capresi for the  full
£200,000  drawn  down  under  the  Capresi Note. In accordance with the terms  of  the  Capresi  Note,  the
conversion is at a fixed rate of 6 pence per share, representing a substantial premium to the closing price
of  3.62  pence  per share on 15 November 2016. As a result, Capresi will be entitled to receive  3,333,334
fully paid ordinary shares in BOS.

Following  receipt  of  this  conversion notice and the conversion notice from  DJ  Family  Trust  ("DJFT")
announced  yesterday, BOS presently has no debts associated with amounts drawn down against its convertible
note facilities.

Application  will be made to the AIM market of the London Stock Exchange ("AIM") for the conversion  shares
for  DJFT  and  Capresi  to be admitted to trading on AIM on or around Friday 25 November  2016.  Following
admission of the Conversion Shares BOS will have 58,158,531 fully paid ordinary shares in issue.

After issue of the Conversion Shares:
    *        Capresi will become a significant shareholder with 4,408,533 shares, representing 7.6% of  the
             total shares on issue, and
    *        Entities associated with Michael Travia will hold 25,314,844 shares, representing 43.5% of the
             total shares on issue.

For further information, contact:

Michael Travia, Managing Director
BOS GLOBAL Holdings Limited              Tel: +61 (0) 8 9322 4071

Oliver Morse
RFC Ambrian Ltd                          Tel: +61 (0) 8 9480 2500
(AIM Nominated Adviser to the Company)

BOS GLOBAL Holdings Limited

Suite 3, Level 3
1292 Hay Street
West Perth WA 6005
Ph: +61 (0)8 9322 4071
Fax: +61 (0)8 9322 4073
Email: [email protected]

BOS GLOBAL Holdings Limited

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