Capital Change Notice

Template
Capital Change Notice
Updated as at 28 January 2019
Page 1 of 2
NOTE: This form is required by Rule 3.13.1. It must be completed by an Issuer and released through MAP no later
than one business day after:

• an issue of Quoted Financial Products (which includes issue on Conversion) or issue of Financial Products
Convertible into Quoted Equity Securities or Options to acquire Quoted Equity Securities; or
• a redemption or acquisition of Quoted Financial Products

This form must be attributed to an authorised representative of the Issuer. All cash amounts must be expressed to 6
decimal places. Cash amounts should be expressed in one of the following currencies: NZD, AUD, CAD, EUR, GBP
or USD. If an Issuer of Fund Securities is a Continuous Issuer, the Issuer may instead use this form to announce
issues, acquisitions or redemptions of Fund Securities on a consistent monthly basis (for example, by announcing the
issues on the first Business Day, or second Friday, of each month) as per 3.13.2. Issuers may delete this instructional
block when using this template to create their announcements.

1
The percentage is to be calculated immediately before the issue, acquisition, redemption or Conversion. You may delete this
footnote when you release this form to market
Section 1: issuer information
Name of issuer Precinct Properties New Zealand Limited
NZX ticker code PCT
Class of Financial Product Ordinary Shares
ISIN NZAPTE0001S3
Section 2: capital change details
Number issued/acquired/redeemed/ 87,837,837
Nominal value (if any) Not applicable
Issue/acquisition/redemption/ price $1.48
Nature of the payment (for example,
cash or other consideration)
Cash
Amount paid up (if not in full) Paid in full
Percentage of total class of Financial
Products issued/acquired/redeemed/
(calculated on the number of Financial
Products of the Class, excluding any
Treasury Stock, in existence)
1

7.253%
For an issue of Convertible Financial
Products or Options, the principal terms
of Conversion (for example the
Conversion price and Conversion date
and the ranking of the Financial Product
in relation to other Classes of Financial
Product) or the Option (for example, the
exercise price and exercise date)
Not applicable
Reason for issue/acquisition/redemption
and specific authority for
issue/acquisition/redemption/ (the
Allotment of 87,837,837 ordinary shares under a
placement conducted by Precinct Properties New
Zealand Limited

Page 2 of 2

reason for change must be identified
here)
Total number of Financial Products of
the Class after the
issue/acquisition/redemption/Conversio
n (excluding Treasury Stock) and the
total number of Financial Products of
the Class held as Treasury Stock after
the issue/acquisition/redemption.
1,298,958,502
In the case of an acquisition of shares,
whether those shares are to be held as
treasury stock
Not applicable
Specific authority for the issue,
acquisition, or redemption, including a
reference to the rule pursuant to which
the issue, acquisition, or redemption is
made
Directors’ resolutions dated 18 February 2019
Terms or details of the issue,
acquisition, or redemption (for example:
restrictions, escrow arrangements)
New ordinary shares which rank equally with all other
fully paid ordinary shares in Precinct Properties New
Zealand Limited
Date of issue/acquisition/redemption 22/02/2019
Section 3: authority for this announcement
Name of person authorised to make this
announcement
Richard Hilder
Contact phone number +64 29 969 4770
Contact email address Richard.Hilder@precinct.co.nz
Date of release via MAP 22/02/2019