GMT Allotment of New Units
Level 2, 18 Viaduct Harbour Avenue, Auckland | PO Box 90940, Victoria Street West, Auckland 1142
Tel +64 9 375 6060 | www.goodman.com/nz
nzx release+
GMT Allotment of New Units
Date
29 November 2017
Release
Immediate
Following amendments to the Trust Deed of Goodman Property Trust on 5 August 2014
Goodman (NZ) Limited, the Manager of the Trust, is required to use its base
management fee to subscribe for new units in GMT.
The Manager hereby advises the NZX of the allotment of the undermentioned securities
and requests these securities be listed and quoted on NZX.
(a) Class of security and ISIN; Goodman Property Trust Units, ISIN NZCPTE0001S9
(b) Number of Units issued; 3,679,267
(c) Issue price; 135.660 cents per unit
(d) Was payment received in cash; Yes, pursuant to the Trust Deed
(e) Amount paid up; Not applicable
(f) Percentage of the total class issued; 0.29% of the units on issue immediately prior to
the issue of these new units
(g) Reason for issue; Requirement for the Manager to use its base management fee, for
the period 1 April 2017 to 30 September 2017, to subscribe for new units in GMT
(h) Specific authority for the issue; Authorisation of the Independent Directors in
accordance with the Trust Deed
(i) Terms of the issue; The units will rank equally in all respects with the existing units in
Goodman Property Trust at the date on which they are issued
(j) Total number of units in existence after the issue; 1,287,781,937
(k) Are units held as treasury stock; No
(l) Date of the issue; 29 November 2017
For further information please contact:
Andy Eakin
Chief Financial Officer
Goodman (NZ) Limited
(09) 375 6077
(021) 305 316
About Goodman Property Trust:
GMT is an externally managed unit trust, listed on the NZX. It has a market capitalisation of around $1.7 billion, ranking it
in the top 20 of all listed investment vehicles. The Manager of the Trust is a subsidiary of the ASX listed Goodman
Group, Goodman Group is also the Trust’s largest investor with a cornerstone unitholding of 21%.
GMT is New Zealand’s leading industrial and business space provider. It has a substantial property portfolio, with a value
of $2.4 billion, which accommodates around 200 customers. The Trust holds an investment grade credit rating of BBB
from Standard & Poor’s
Data sourced from publicly available filings. Our datasets may not be complete. Automated analysis can produce errors. If you believe any data on this page is incorrect, please contact us at hello@nzxplorer.co.nz. For informational purposes only. Not investment advice.