Acquisition and Cancellation of Shares

Capital Change Notice

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Section 1: issuer information
Name of issuer Summerset Group Holdings Limited
NZX ticker code SUM
Class of Financial Product Ordinary Shares
ISIN NZSUME0001S0
Section 2: capital change details
Number acquired 531,108 Ordinary Shares
Nominal value (if any) N/A
Acquisition price NZ$1,826,477.68
Nature of the payment (for example, cash or
other consideration)
Cash
Amount paid up (if not in full) Fully Paid
Percentage of total class of Financial Products
acquired (calculated on the number of Financial
Products of the Class, excluding any Treasury
Stock, in existence)
0.2% (pre-acquisition)
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)
N/A
Reason for acquisition and specific authority for
acquisition (the reason for change must be
identified here)
Shares acquired pursuant to a share
buyback of forfeited plan shares in relation to
Summerset Group Holdings Limited’s
employee share plans.
Total number of Financial Products of the Class
after the acquisition (excluding Treasury Stock)
and the total number of Financial Products of
the Class held as Treasury Stock after the
acquisition.
225,751,258 Ordinary Shares
In the case of an acquisition of shares, whether
those shares are to be held as treasury stock
Shares will be cancelled on acquisition and
will not be held as treasury stock.
Specific authority for the acquisition, including a
reference to the rule pursuant to which the
acquisition is made
Directors’ resolution dated 21 March 2019,
permitted under listing rule 4.14.1(b)(ii).
Terms or details of the acquisition (for example:
restrictions, escrow arrangements)
As set out in the disclosure document dated
21 March 2019.
Date of acquisition 5 April 2019
Section 3: authority for this announcement
Name of person authorised to make this
announcement
Leanne Walker, Company Secretary

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Contact phone number
04 894 7361 or 029 770 8189
Contact email address leanne.walker@summerset.co.nz
Date of release via MAP 5 April 2019