TELESSO TECHNOLOGIES LIMITED (ASX.TEO)

company deregistered today

delisted from the close of trading on Thursday, 31 December 2015, pursuant to Listing rule 17.12 and Guidance Note 33

we understand that it is ASX policy to automatically remove from the official list any entity whose securities have been suspended from trading for a continuous period of 3 years

At the Extraordinary General Meeting of the company held on 29th August 2013, the shareholders approved the consolidation of the company's shares on the basis of one share for every 6.68358 shares held, subject to the completion of the company's acquisition of Mimetica Pty Limited. As the acquisition of Mimetica is not proceeding, the company no longer has the approval of shareholders to undertake a share consolidation and therefore will not be proceeding with this course of action

the public offer of securities to be made pursuant to a prospectus dated 19 August 2013 closed undersubscribed at 5pm AEST on 18 October 2013. Telesso has not raised the minimum subscription under the prospectus. As a result, the proposed acquisition by Telesso of all of the issued shares in the capital of Mimetica Pty Ltd (Mimetica) will not complete and the share purchase agreement between Telesso and the securityholders of Mimetica has been terminated. Further, no securities will be issued under the prospectus, and all application monies received under the prospectus will be repaid

a supplementary prospectus is dated 27 September 2013 and is lodged with ASIC

releases Annual Report to shareholders

it is our understanding a share consolidation is about to take place whereby 6.68358 existing shares are consolidated into one share

issues a prospectus for an offer to raise a minimum of $6,500,000 through the offer of a minimum of 26,000,000 Shares at $0.25 each. With an entitlement for each existing Telesso Technologies Limited shareholder who applies for at least 8,000 Shares under this Prospectus to receive 2,000 unlisted free-attaching Loyalty Options. The Offer is conditional upon the shareholders of Telesso Technologies Limited approving a change in the nature and scale of Telesso" activities and the issue of the Shares referred to in this Prospectus at a general meeting of Telesso Technologies Limited to be held on 29 August 2013

as outlined in the letter to shareholders on 31 May 2013, and as part of the company acquisition of Mimetica Pty Limited, the company yesterday lodged a prospectus with ASIC to raise $6,500,000

On 15 April 2013, Telesso announced plans to acquire all of the issued capital of Mimetica Pty Ltd ("Mimetica"), a private Australian biotechnology company focused on the development of new prescription treatments for Acne vulgaris (acne). A copy of that announcement is attached and I draw your attention to the important details of the proposed acquisition outlined within that document. At the time of writing, Telesso is finalising advice from the Australian Securities Exchange (ASX) on certain aspects of the proposed transaction. This advice will allow Telesso to establish a definitive schedule of events, including convening a meeting of shareholders. Should shareholders approve the acquisition, a capital raising to fund the merged entit" clinical development program will follow. Further announcements will be made by Telesso in the near future

releases Half Yearly Report and Accounts

Telesso Technologies Limited requests, pursuant to ASX Listing Rule 17.2, that the quotation of its securities (being fully paid ordinary shares) be suspended from December 17, 2012. It is expected that the suspension will last approximately six months.

The securities of Telesso Technologies Limited (the "Company") will be suspended from quotation immediately, at the request of the Company, in accordance with listing rules 12.1 and 12.3. Security Code: TEO

name changed from Eiffel Technologies Limited