TRA- Bond Allotment Notice

100338161/6600783.1
1 October 2018
Client Market Services
NZX Limited
Level 1, NZX Centre
11 Cable Street
Wellington
TURNERS BONDS: 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 on 1 October 2018.
a Class of security Secured subordinated fixed rate bonds
ISIN NZTRADT003C7
NZX Security Code TRA100
b Number issued 25,000,000
c Issue Price $1.00 each
d Payment terms Cash
e Amount paid up Fully paid
f Principal terms of the securities As set out in the product disclosure statement
dated 28 August 2018
g Percentage of class of securities 100% (post allotment)
h Reason for issue Repayment of existing financing for Turners
Limited, including the interest bearing convertible
bonds maturing 30 September 2018 (NZX:
TRAHB)
i Authority for issue Board resolution dated 27 August 2018
j Terms of issue As set out in the product disclosure statement
dated 28 August 2018
k Number of securities in 25,000,000
existence after issue
l Treasury stock Not applicable
m Date of issue 1 October 2018

Yours faithfully
Turners Automotive Group Limited

Barbara Badish
Group Financial Controller