SYDNEY, AUISTRALIA: Rewardle Holdings Limited (ASX:RXH) announced the acquisition of Sub11 Pty Ltd, which produces and publishes content about Fintech sector and provides investor engagement and consulting services to a combination of private and ASX listed companies.

Sub11 was founded in early 2022 by Chris Titley following a successful career as a stockbroker for over a decade with Morgans in Brisbane. Chris is well known and respected across the start-up and corporate community and will continue in his role with Sub11 to manage the growth and development of the business as a wholly owned subsidiary of the Company.

Sub11’s operations, particularly it’s investor engagement services, align with the micro-investing infrastructure and capability that the Company recently secured through the acquisition of the distribution/promotion rights to the Upstreet fund.

Through Sub11, Rewardle Holdings will develop a modern, mobile and social media centric solution for ASX listed companies to engage staff and investors by combining Sub11’s investor engagement services with the Company’s solution that is being developed to support ASX listed companies in managing equity based staff reward and recognition programs.

In addition, Rewardle Holdings plans on harnessing Sub11 and Chris Titley’s extensive commercial networks to develop future partnership, investment and acquisition opportunities in keeping with its growth strategy.

Rewardle’s Founder and Executive Chairman, Ruwan Weerasooriya, said; “Having known Chris for many years I’m delighted to welcome him into the fold via the Sub11 acquisition.”

“We’re looking forward to working with him to leverage our micro-investing capabilities to develop a modern, mobile and social media centric solution for listed Companies to engage staff and investors.”

“Beyond the day-to-day operation of Sub11, Chris brings a wealth of knowledge, capability and contacts to our team and we’re looking forward to broadening the scope of his involvement with the group over time.”

Rewardle Holdings will issue 2,600,000 fully paid ordinary shares to Sub11 shareholder or nominees as consideration.

Rewardle’s Founder and Executive Chairman, Ruwan Weerasooriya, said; “Having known Chris for many years I’m delighted to welcome him into the fold via the Sub11 acquisition.”

“We’re looking forward to working with him to leverage our micro-investing capabilities to develop a modern, mobile and social media centric solution for listed Companies to engage staff and investors.”

“Beyond the day-to-day operation of Sub11, Chris brings a wealth of knowledge, capability and contacts to our team and we’re looking forward to broadening the scope of his involvement with the group over time.”

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