thl announces distribution of offer document

Tourism Holdings Limited
Tel: +64 9 336 4299
The Beach House
Email: info@thlnz.co.nz
Level 1, 83 Beach Road
www.thlonline.com
Auckland City

PO Box 4293, Shortland Street

Auckland 1140, New Zealand




3 July 2019

NZX ANNOUNCEMENT

TOURISM HOLDINGS LIMITED (thl)

TOURISM HOLDINGS ANNOUNCES DISTRIBUTION OF OFFER DOCUMENT

thl (NZX:THL) has today sent a copy of the Offer Document and Entitlement and Acceptance Form to eligible
shareholders. These can also be accessed, along with the investor presentation, at thlshareoffer.com.

The approximately $50.0 million capital raise by way of a fully underwritten, pro rata 1 for 9 rights issue at $3.40
per New Share, and shortfall bookbuild, was announced to the market on 24 June 2019.

Eligible shareholders have until 5.00 pm (NZ Time) on 16 July 2019 to subscribe for New Shares. Applications
must be made (together with payment) either via:
• Submission of the Online Application at thlshareoffer.com from 4 July 2019; or
• Completion of the paper copy Acceptance Form and return to Registrar.

The Rights will not be tradeable on the NZX Main Board. Instead, any Rights not taken up, or attributable to
Ineligible Shareholders, will be offered to investors through a bookbuild process. The Offer is fully underwritten
by Jarden Partners Limited.

Eligible shareholders should read the Offer Document carefully before deciding what to do.

Key dates
The record date for determining entitlements to participate in the Rights Offer was 5.00pm on 2 July 2019.
Other key dates (which are subject to change) are as follows:

Offer Document and Acceptance Forms are sent to eligible shareholders: 3 July 2019.

Opening Date: 4 July 2019.

Closing Date: 5.00pm NZ time on 16 July 2019.

Shortfall Bookbuild: 18 July 2019.

Settlement and allotment date for the Rights Offer: 23 July 2019.

Expected date of quotation of New Shares: 23 July 2019.

Payment of any premium achieved in the Shortfall Bookbuild: By 24 July 2019.

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For further information contact:

Grant Webster
thl Chief Executive
Direct Dial: +64 9 336 4255 | Mobile: +64 21 449 210

Jennifer Bunbury
thl CFO
Direct Dial: +64 9 336 4212 | Mobile: +64 21 118 4955