Capital change notice (DRP)

Capital change notice


Section 1: Issuer information
Name of issuer Kiwi Property Group Limited
NZX ticker code KPG
Class of financial product Ordinary Shares
ISIN NZKPGE0001S9
Currency NZD
Section 2: Capital change details
Number issued 11,475,284
Nominal value (if any) Not applicable
Issue price per security $1.5299
Nature of the payment Cash
Amount paid up (if not in full)
Fully paid
Percentage of total class of Financial Products issued
(calculated on the number of Financial Products of the
Class, excluding any Treasury Stock, in existence)
1

0.801%
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 and specific authority for issue (the
reason for change must be identified here)
The shares were issued pursuant to
the Dividend Reinvestment Plan in
respect of the final dividend for
the six month period ended 31
March 2019 of 3.475 cents per
share, payable 20 June 2019
Total number of Financial Products of the Class after the
issue (excluding Treasury Stock) and the total number of
Financial Products of the Class held as Treasury Stock
after the issue.
1,444,294,847
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 including a reference to
the rule pursuant to which the issue, acquisition, or
redemption is made
Dividend Reinvestment Plan terms
and Board resolutions dated 17
May 2019
Terms or details of the issue (for example: restrictions,
escrow arrangements)
The terms or details of the issue are
contained in the Dividend
Reinvestment Plan terms dated 22
December 2014 (as amended on
8 September 2017)

1
The percentage is to be calculated immediately before the issue, acquisition, redemption or Conversion.

2
Date of issue 20/06/2019
Section 3: Authority for this announcement
Name of person authorised to make this
announcement
Stuart Tabuteau
Contact person for this announcement Stuart Tabuteau
Contact phone number +64 9 359 4025
Contact email address stuart.tabuteau@kp.co.nz
Date of release through MAP 20/06/2019