Completion of sale of Vector treasury shares

COMPLETION OF SALE OF VECTOR
TREASURY SHARES

Vector Limited (NZX:VCT) advises that it has sold its 4,244,923 treasury shares, to various investors,
following a book build undertaken by Forsyth Barr.
The shares were sold at a 2.9% discount to the closing price on 8 November 2017, for $3.30 per
share, which represents a 57% gain on Vector’s acquisition price. The proceeds will be initially
applied to debt reduction but will be redeployed into new investment opportunities as they arise.

For the purposes of Listing Rules 7.3.11, and 7.12.1, Vector advises:

a Class of security Ordinary shares
ISIN NZVCTE0001S7
b Number sold 4,244,923
c Nominal value N/A
Transfer Price $3.30 per share
d Payment terms Cash, to be settled through the market
settlement system
e Amount paid up Paid in full
f Percentage of class of
securities
0.425%
g Reason for sale Sale of treasury stock
h Authority for sale Directors’ resolution
i Terms of shares
The shares rank pari passu with the existing
ordinary shares
j Number of securities in
existence after sale
1,000,000,000
k Treasury stock Nil
L Date of transfer 13 November 2017


ENDS





MARKET RELEASE
9 November 2017

MEDIA RELEASE
9 November 2017

About Vector

Vector is New Zealand’s leading multi-network infrastructure company which delivers energy and communication
services to more than one million homes and businesses across the country.

Vector is listed on the New Zealand Stock Exchange with ticker symbol VCT. Our majority shareholder, with voting
rights of 75.1%, is Entrust (formerly Auckland Energy Consumer Trust).

For further information, visit www.vector.co.nz



Contact
MEDIA QUERIES:
Richard Llewellyn
External Relations
Mobile 027 523 2362
ANALYST QUERIES:
Dan Molloy
Chief Financial Officer
64-9-213-5179
Mobile 021-441-311