Gentrack successfully completes Retail Entitlement Offer

Gentrack Group Ltd | www.gentrack.com | info@gentrack.com | ARBN 169 195 751
NOT FOR RELEASE OR DISTRIBUTION IN THE UNITED STATES
30 July 2018
Gentrack successfully completes Retail Entitlement Offer
Gentrack Group Limited (“Gentrack”) (NZX/ASX: GTK) is pleased to advise that it has
successfully completed the retail entitlement offer component (“Retail Entitlement Offer”)
of its underwritten 1 for 5.77 pro-rata accelerated entitlement offer (“Offer”) of new fully
paid ordinary shares in Gentrack (“New Shares”) announced on Wednesday 4 July 2018.
A total of approximately NZ$90 million will be raised under the Offer.
The Retail Entitlement Offer closed on Thursday 26 July and raised gross proceeds of
approximately NZ$25.8 million. The Retail Entitlement Offer was well supported by existing
retail shareholders with Eligible Retail Shareholders electing to take up approximately 68%
of their Entitlements under the Retail Entitlement Offer.
Retail Shortfall Bookbuild
Gentrack will offer for sale under the retail shortfall bookbuild (“Retail Shortfall
Bookbuild”) approximately 1.93 million Entitlements, being those Entitlements attributable
to Eligible Retail Shareholders that did not take up their Entitlements in full and Retail
Shareholders who are ineligible to participate in the Retail Entitlement Offer.
The Retail Shortfall Bookbuild will be conducted today, Monday 30 July 2018.
Any proceeds achieved above the Offer Price from the sale of Entitlements in the Retail
Shortfall Bookbuild will be paid (less applicable taxes) on a pro-rata basis to those Eligible
Retail Shareholders who did not take up their Entitlements in full or Retail Shareholders who
are ineligible to participate in the Retail Entitlement Offer. There is no guarantee that any
amount will be realised for the sale of Entitlements through the Retail Shortfall Bookbuild.
ENDS
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Contact:
Ian Black, CEO
Aaron Baker, Marketing and Communications Director
+64 9 966 6090
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Note: All capitalised terms used in this announcement not otherwise defined have the meanings given in part 7: Glossary of
Gentrack’s Offer Document dated 4 July 2018

This announcement has been prepared for publication in New Zealand and Australia and may not be released or distributed in
the United States. This announcement does not constitute an offer, invitation or recommendation to subscribe for or purchase
any security or financial product and neither this announcement nor anything attached to this announcement shall form the
basis of any contract or commitment. In particular, this announcement does not constitute an offer to sell, or the solicitation of
an offer to buy, securities in the United States or any other jurisdiction in which such an offer would be illegal. Any securities
described in this announcement have not been, and will not be, registered under the U.S. Securities Act of 1933, as amended
(the “U.S. Securities Act”), or the securities laws of any state or jurisdiction of the United States and may not be offered or sold
directly or indirectly in the United States except in transactions exempt from, or not subject to, the registration of the U.S.
Securities Act and any other applicable U.S. state securities laws.

Gentrack Group Ltd | www.gentrack.com | info@gentrack.com | ARBN 169 195 751
About Gentrack
Gentrack provides essential software for essential services, pairing powerful platforms with
deep market knowledge to help utilities and airports lower service costs, foster innovation
and confidently navigate market reform. It employs over 500 people in offices across New
Zealand, Australia, the UK and Europe and services over 200 utility and airport sites in 30+
countries with its leading solutions for utilities - Gentrack Velocity, Junifer and Evolve
Analytics, and for airports under the Veovo brand including Airport 20/20, BlipTrack and
Concessionaire Analyzer+.
Velocity, Junifer and Evolve Analytics are champion billing, customer and revenue
protection solutions in the sector, providing a full range of proven capabilities along with
hosted and managed services options for new entrant energy and water suppliers, and
larger utilities in competitive markets where flexibility, uniqueness and compliance are
essential.
More information: www.gentrack.com

Veovo combines Gentrack’s Airport 20/20, BlipTrack and Concessionaire Analyzer+
software to unlock operational, revenue, concession and passenger insights across the
airport ecosystem. The Veovo Predictive Collaboration Platform enables airports to
operate more efficiently, uncover new growth opportunities and deliver outstanding guest
experiences.

More information: www.veovo.com