Wellington capital change notice

®
is a registered Trade Mark of Wellington Drive Technologies WT 9206

Wellington Drive Technologies Ltd
P: +64 9 477 4500 E: info@wdtl.com
21 Arrenway Drive, Rosedale, Auckland 0632
PO Box 302-533 North Harbour, Auckland 0751, New Zealand
www.wdtl.com



10 July 2019


Capital Change Notice


For immediate release
Notification of Allotment of Securities by Wellington Drive Technologies Limited

Section 1: Issuer information

Name of issuer Wellington Drive Technologies Limited
NZX ticker code WDT
Class of financial product Ordinary Shares
ISIN (If unknown, check on NZX website) NZWDTE0002S1
Currency NZD
Section 2: Capital change details
Number issued 1,417,344
Nominal value (if any) n/a
Issue/acquisition/redemption price per security n/a
Nature of the payment
(for example, cash or other consideration)
No cash consideration payable as the issue of
shares is in part settlement of the deferred
purchase price under the Sale and Purchase
Agreement for all the shares in iProximity Pty
Limited announced to the market on 28
February 2018.
Amount paid up (if not in full) Credited as fully paid
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

0.5415%

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

WT 9206

2
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 issue/acquisition/redemption and specific
authority for issue/acquisition/redemption/ (the reason
for change must be identified here)
The issue of shares is in part settlement of the
deferred purchase price under the Sale and
Purchase Agreement for all the shares in
iProximity Pty Limited announced to the
market on 28 February 2018.
Total number of Financial Products of the Class after the
issue/acquisition/redemption/Conversion
(excluding
Treasury Stock) and the total number of Financial Products of the
Class held as Treasury Stock after the issue/acquisition/redemption.

263,143,354
In the case of an acquisition of shares, whether those
shares are to be held as treasury stock
n/a
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 resolution dated 26 June 2019 and
former Listing Rule 7.3.5 (now Listing Rule
4.5.1).
Terms or details of the issue, acquisition, or redemption
(for example: restrictions, escrow arrangements)
The shares are credited as fully paid, and rank
in all respects equally with the fully paid
Ordinary Shares already on issue.
Date of issue/acquisition/redemption
2
10 July 2019
Section 3: Authority for this announcement and contact person
Name of person

authorised to make this announcement Ron Jackson
Contact person for this announcement Ron Jackson
Contact phone number +64 9 477 4500
Contact email address ron.jackson@wdtl.com
Date of release through MAP

10 July 2019


For further information visit www.wdtl.com.



2
Continuous issuers using this form in reliance on Rule 3.13.2, please indicate the period during which the relevant
issue/acquisition/redemptions were made (for example, 1 January 2019 to 31 January 2019).