Choose Digital Pty Ltd entered into an agreement to acquire Dash Digital from Velpic Limited (ASX:VPC) for AUD 0.05 million on August 6, 2018. The consideration is payable on completion. Choose Digital Pty Ltd proposes to offer one Dash Digital staff member employment with them. Completion of the transaction is subject only to the condition precedent that all Dash Digital clients have been notified of the proposed transaction in writing. Completion will take place as soon as possible with immediate handover other than a small amount of work in progress which will be completed in-house, and with the Velpic Limited being able to sub-contract any other staff required to assist with an orderly handover at cost from Choose Digital Pty Ltd. All condition precedent were fulfilled during the September quarter.