DEALER LOYALTY SHARE SCHEME

29 March 2018

Company Announcement

DEALER LOYALTY SHARE SCHEME

Turners Automotive Group is issuing shares as part of a dealer loyalty share scheme to
reward its largest and most loyal referrers of finance and insurance customers.
Both Oxford Finance and Autosure Insurance work with the dealer and broker channel to
refer customers when they are in the process of purchasing a vehicle. The dealer share
scheme enables Oxford Finance and Autosure Insurance to reward loyalty and commitment
from the dealer network.
“We believe incentives like the dealer share scheme create a strong sense of ownership
from the dealer channel and aligns our objectives. It is also a very unique offer from a
competitive position” said Chief Executive Officer Todd Hunter.
The scheme measures a dealer’s performance over a 6 month period based on the value of
loans written and the value of insurance policies sold along with achieving some
performance hurdles will receive $10 in TRA shares for every $1,000 in insurance policies
sold or every $5,000 in loans sold.
30,914 shares have been issued recognising the business referred from July 1 2017 to Dec
31 2017.

ENDS
About Turners
Turners Automotive Group Limited is an integrated financial services group, primarily
operating in the automotive sector www.turnersautogroup.co.nz

For further information, please contact;
Todd Hunter, Chief Executive Officer, Turners Automotive Group Limited Mob: 021 722 818
Media Liaison and Assistance: Jackie Ellis, Mob: 027 246 2505

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29 March 2018
Client Market Services
NZX Limited
Level 1, NZX Centre
11 Cable Street
Wellington
TURNERS AUTOMOTIVE GROUP LIMITED: NOTIFICATION OF ALLOTMENT OF SECURITIES
For the purposes of Listing Rule 7.12.1, Turners Automotive Group Limited advises the following
securities have been issued:
a Class of security
ISIN
Ordinary shares
NZVNLE0001S1
b Number issued 30,914
c Nominal value
Issue price
Not applicable
$2.97 per share
d Payment terms Not applicable
e Amount paid up Fully paid ordinary shares
f Principal terms of the securities The shares are issued on the same terms as, and rank
equally with, Turners’ existing ordinary shares.
g Percentage of class of securities 0.0365% (post allotment)
h Reason for issue 30,914 shares issued pursuant to the TRA Group’s dealer
loyalty share schemes
i Authority for issue Board resolution dated 16 March 2018
j Terms of issue Ordinary shares
k Number of securities in
existence after issue
84,802,612 ordinary shares and 2,702,692 unlisted share
options with varying exercise prices and expiry dates
l Treasury stock Nil
m Date of issue 29 March 2018

Yours faithfully
Turners Automotive Group Limited

Aaron Saunders
Chief Financial Officer