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RUBICON ISSUES RESTRICTED SHARES UNDER NON-EXECUTIVE DIRECT

Capital Change18 September 2018ARBIndustrials

To: NZX Telephone: 64-9-356 9800


Further information on Rubicon Limited can be viewed at the Rubicon web site, at http://www.rubicon-nz.com.





18 September 2018 – In accordance with a Shareholders resolution passed at Rubicon’s Annual

Shareholders’ Meeting held yesterday, Rubicon announced today that it had issued 1,666,050

new ordinary Rubicon shares to the trustee of the Rubicon Non-Executive Directors’ Share

Plan. In accordance with the terms of that resolution, the shares will be held by the trustee,

on trust for each of Tom Avery, Ozey Horton, and Paul Smart (equally) until their vesting terms

are met.


The shares were issued at the NZX 20-day Market VWAP for Rubicon shares of 27.01 cents per

share, for a total value of $450,000.





EOF

RUBICON ISSUES RESTRICTED SHARES UNDER

NON-EXECUTIVE DIRECTORS’ SHARE PLAN

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