Notification of Issue of Additional Unlisted Options

June 22, 2018


Client Market Services
NZX Limited
WELLINGTON

By NZ MAP


NZSX/NZDX - NOTICE PURSUANT TO LISTING RULE 7.12.1

For the purpose of Listing Rule 7.12.1, ikeGPS Group Limited (NZX: IKE) advises the
following unlisted options have been issued to employees of IKE or its subsidiaries.



a Class of Security

ISIN
Unlisted options

N/A
b Number issued 1,100,000
c Nominal value

Issue price
N/A

Nil on issue.
d Payment in Cash N/A

Full payment on exercise
e Amount paid up N/A
f Principal terms of the
Securities
The options have an exercise price which is set out in
the appendix

The options are exercisable from 22 June 2018 until 31
March 2021

The options are no longer exercisable on the first of (i)
the termination of the option holders’ service or (ii) its
termination in connection with a change of control in
the company or (iii) after 31 March 2021.

Otherwise the options have the same essential terms
set out in section 8.4 of IKE’s IPO Investment
Statement dated 23 June 2014
g Percentage of class of
securities
100% (if these options were exercised on the date of
this notice, the number of ordinary shares that would
be issued would constitute 1.40% of the ordinary
shares then on issue).
h Reason for issue Issue of unlisted options under the IKE Employee
Option Scheme effective from June 2014, to retain
and reward employees and to motivate such
individuals to contribute to the growth and profitability
of IKE
i Authority for issue Board resolution 22 June 2018
j Terms of issue See principal terms above
k Total both vested and
unvested number of
securities on issue, after
issue
2,255,000 unlisted options

Total ordinary shares on issue 78,450,255
l Treasury stock N/A
m Date of issue 22 June 2018







Contacts:

ikeGPS
Glenn Milnes

Chief Executive Officer
Contact: +1 720-418-1936, glenn.milnes@ikegps.com

APPENDIX