Notification of Issue of Securities

Page 1 of 2
30 August 2019
Issue of ordinary shares
This notice is given under NZX Listing Rule 3.13.1 and relates to the issue of ordinary shares in Fisher &
Paykel Healthcare Corporation Limited (“FPH”) under the Fisher & Paykel Healthcare 2003 Share Option
Plan.

This notice is given in reliance on a waiver from NZX Listing Rule 3.13.1 granted by NZX on 6 August 2019
that allows FPH, subject to certain conditions, to disclose the issue of FPH shares under FPH’s employee
share purchase schemes within 10 business days of issue.

Section 1: issuer information
Name of issuer Fisher & Paykel Healthcare Corporation Limited
NZX ticker code FPH
Class of Financial Product Ordinary shares
ISIN NZFAPE0001S2
Section 2: capital change details
Number of issuances to which this
notice relates
Eight
Number issued (1) 1,743 on 19 August 2019
(2) 6,225 on 20 August 2019
(3) 3,817 on 21 August 2019
(4) 3,390 on 22 August 2019
(5) 1,090 on 23 August 2019
(6) 7,463 on 26 August 2019
(7) 11,213 on 27 August 2019
(8) 6,643 on 28 August 2019
Total issued: 41,584 shares
Nominal value (if any) Not applicable
Issue price (1) NZD4.88 (1,743 shares)
(2) NZD4.88 (6,225 shares)
(3) NZD4.88 (3,817 shares)
(4) NZD4.88 (3,390 shares)
(5) NZD4.88 (1,090 shares)
(6) NZD4.88 (7,463 shares)
(7) NZD4.88 (6,002 shares); NZD7.23 (5,211 shares)
(8) NZD4.88 (6,643 shares)
Nature of the payment Not applicable
Amount paid up (if not in full) In full
Percentage of total class of Financial
Products issued
(1) 0.00030%
(2) 0.00108%
(3) 0.00067%
(4) 0.00059%
(5) 0.00019%
(6) 0.00130%
(7) 0.00195%
(8) 0.00116%
For an issue of Convertible Financial
Products or Options, the principal
terms of Conversion
Not applicable

Page 2 of 2
Reason for issue
(1) Cancellation of 1,300 options and issue of 903 ordinary shares;
Exercise of 840 options under the FPH Share Option Plan and
issue of 840 ordinary shares.
(2) Cancellation of 5,070 options and issue of 3,515 ordinary shares;
Exercise of 2,710 options under the FPH Share Option Plan and
issue of 2,710 ordinary shares.
(3) Cancellation of 2,780 options and issue of 1,927 ordinary shares;
Exercise of 1,890 options under the FPH Share Option Plan and
issue of 1,890 ordinary shares.
(4) Cancellation of 4,890 options and issue of 3,390 ordinary shares.
(5) Exercise of 1,090 options under the FPH Share Option Plan and
issue of 1,090 ordinary shares.
(6) Cancellation of 8,780 options and issue of 6,073 ordinary shares;
Exercise of 1,390 options under the FPH Share Option Plan and
issue of 1,390 ordinary shares.
(7) Cancellation of 11,450 options and issue of 6,873 ordinary
shares; Exercise of 4,340 options under the FPH Share Option
Plan and issue of 4,340 ordinary shares.
(8) Cancellation of 9,770 options and issue of 6,643 ordinary shares.

All cancellations are under the FPH Share Option Plan Cancellation
Facility
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) 573,931,605
(2) 573,937,830
(3) 573,941,647
(4) 573,945,037
(5) 573,946,127
(6) 573,953,590
(7) 573,964,803
(8) 573,971,446
Total number of ordinary shares on issue as at the date of this notice
after the issues disclosed in this notice: 573,971,446
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 Directors’ resolution, Listing Rule 4.6
Terms or details of the issue The ordinary shares issued rank pari passu with the existing ordinary
shares
Date of issue (1) 19 August 2019
(2) 20 August 2019
(3) 21 August 2019
(4) 22 August 2019
(5) 23 August 2019
(6) 26 August 2019
(7) 27 August 2019
(8) 28 August 2019
Section 3: authority for this announcement
Name of person authorised to make
this announcement
Marcus Driller
Contact phone number +64 9 574 0110
Contact email address marcus.driller@fphcare.co.nz
Date of release via MAP 30 August 2019

---

+ See chapter 19 for defined terms.

04/03/2013 Appendix 3B Page 1
Rule 2.7, 3.10.3, 3.10.4, 3.10.5
Appendix 3B

New issue announcement,
application for quotation of additional securities
and agreement

Information or documents not available now must be given to ASX as soon as available. Information and
documents given to ASX become ASX’s property and may be made public.
Introduced 01/07/96 Origin: Appendix 5 Amended 01/07/98, 01/09/99, 01/07/00, 30/09/01, 11/03/02, 01/01/03, 24/10/05,
01/08/12, 04/03/13


Name of entity
Fisher & Paykel Healthcare Corporation Limited

ABN
098 026 281


We (the entity) give ASX the following information.


Part 1 - All issues
You must complete the relevant sections (attach sheets if there is not enough space).

1
+
Class of
+
securities issued or to
be issued

Ordinary shares


2 Number of
+
securities issued or
to be issued (if known) or
maximum number which may be
issued

41,584

3 Principal terms of the
+
securities
(e .g. if options, exercise price and
expiry date; if partly paid
+
securities, the amount
outstanding and due dates for
payment; if
+
convertible
securities, the conversion price
and dates for conversion)
Employees cancelling options granted in August
2014 and September 2015 under the Fisher & Paykel
Healthcare 2003 Share Option Plan. All cancellations
are pursuant to the Company’s Cancellation Facility.

Employees exercising options granted under the
Fisher & Paykel Healthcare Option Plan in August
2014.

(1) 19 August 2019
- 1,300 options were cancelled – 903 ordinary
shares were issued ^.
- Issue of 840 ordinary shares on exercise of 840
options granted^^.
(2) 20 August 2019
- 5,070 options were cancelled - 3,515 ordinary
shares were issued ^.
- Issue of 2,710 ordinary shares on exercise of
2,710 options granted^^.
(3) 21 August 2019
- 2,780 options were cancelled - 1,927 ordinary
shares were issued^.
- Issue of 1,890 ordinary shares on exercise of
1,890 options granted^^.
(4) 22 August 2019
- 4,890 options were cancelled - 3,390 ordinary
shares were issued^.
(5) 23 August 2019
- Issue of 1,090 ordinary shares on exercise of
1,090 options granted ^^.
(6) 26 August 2019
- 8,780 options were cancelled - 6,073 ordinary
shares were issued ^.
- Issue of 1,390 ordinary shares on exercise of
1,390 options^^.
(7) 27 August 2019
- 11,450 options were cancelled - 6,873 ordinary
shares were issued^.
- Issue of 4,340 ordinary shares following
exercise of 4,340 options granted under the
Fisher & Paykel Healthcare Option Plan in
August 2014 based on exercise prices of
NZD4.88 and NZD7.23.
(8) 28 August 2019
- 9,770 options were cancelled - 6,643 ordinary
shares were issued ^.


^ shares issued in consideration of the cancellation
of those options and are equal in value to the gain on
the options (such gain being calculated based on
exercise prices of NZD4.88 or NZD7.23).
^^ shares issued under the Fisher & Paykel
Healthcare Option Plan in August 2014 based on an
exercise price of NZD4.88

+ See chapter 19 for defined terms.

04/03/2013 Appendix 3B Page 3




4 Do the
+
securities rank equally in
all respects from the
+
issue date
with an existing
+
class of quoted
+
securities?

If the additional
+
securities do
not rank equally, please state:
• the date from which they do
• the extent to which they
participate for the next
dividend, (in the case of a
trust, distribution) or interest
payment
• the extent to which they do
not rank equally, other than
in relation to the next
dividend, distribution or
interest payment
Yes


5 Issue price or consideration

(1) 19 August 2019 – NZD4.88 per ordinary share
(2) 20 August 2019 – NZD4.88 per ordinary share
(3) 21 August 2019 – NZD4.88 per ordinary share
(4) 22 August 2019 – NZD4.88 per ordinary share
(5) 23 August 2019 – NZD4.88 per ordinary share
(6) 26 August 2019 – NZD4.88 per ordinary share
(7) 27 August 2019 – NZD4.88 per ordinary share
(6,002 shares) and NZD7.23 per ordinary share
(5,211 shares)
(8) 28 August 2019 – NZD4.88 per ordinary share


6 Purpose of the issue
(If issued as consideration for
the acquisition of assets, clearly
identify those assets)






Issued to employees under the Fisher & Paykel
Healthcare 2003 Share Option Plan.

This combined Appendix 3B is given in reliance on a
wavier from NZX Listing Rule 3.13.1 granted by NZX
on 6 August 2019 that allows FPH, subject to certain
conditions, to disclose the issue of FPH shares under
FPH’s employee share purchase schemes within 10
business days of issue. This waiver has been
acknowledged by ASX.



6a Is the entity an
+
eligible entity
that has obtained security holder
approval under rule 7.1A?

If Yes, complete sections 6b – 6h
in relation to the
+
securities the
subject of this Appendix 3B, and
comply with section 6i
No

6b The date the security holder
resolution under rule 7.1A was
passed



6c Number of
+
securities issued
without security holder approval
under rule 7.1



6d Number of
+
securities issued
with security holder approval
under rule 7.1A



6e Number of
+
securities issued
with security holder approval
under rule 7.3, or another
specific security holder approval
(specify date of meeting)




6f Number of
+
securities issued
under an exception in rule 7.2



6g If
+
securities issued under rule
7.1A, was issue price at least
75% of 15 day VWAP as
calculated under rule 7.1A.3?
Include the
+
issue date and both
values. Include the source of the
VWAP calculation.



6h If
+
securities were issued under
rule 7.1A for non-cash
consideration, state date on
which valuation of consideration
was released to ASX Market
Announcements



6i Calculate the entity’s remaining
issue capacity under rule 7.1 and
rule 7.1A – complete Annexure 1
and release to ASX Market
Announcements



7
+
Issue dates
Note: The issue date may be prescribed by ASX
(refer to the definition of issue date in rule
19.12). For example, the issue date for a pro
rata entitlement issue must comply with the
applicable timetable in Appendix 7A.
Cross reference: item 33 of Appendix 3B.
(1) 1,743 on 19 August 2019
(2) 6,225 on 20 August 2019
(3) 3,817 on 21 August 2019
(4) 3,390 on 22 August 2019
(5) 1,090 on 23 August 2019
(6) 7,463 on 26 August 2019
(7) 11,213 on 27 August 2019
(8) 6,643 on 28 August 2019

+ See chapter 19 for defined terms.

04/03/2013 Appendix 3B Page 5

Number
+
Class
8 Number and
+
class of all
+
securities quoted on ASX
(including the
+
securities in
section 2 if applicable)



573,971,446 Ordinary Shares

Part 2 - Pro rata issue

9 Number and +class of all
+securities not quoted on
ASX (including the
securities in clause 2 if
applicable

Number Class


FPHAY 121,071 ESRs expiring 13 September
2021, exercise price NZDnil


FPHAW 210,623 PSRs expiring 13 September
2023, exercise price NZDnil


FPHAT 389,201 PSRs expiring 5 September
2022, exercise price NZDnil

FPHAJ 358,965 PSRs expiring 6 September
2021, exercise price NZDnil

FPHAX 650,792 Options expiring 13 September
2023, exercise price NZD14.91

FPHAV 30,565 Options expiring 7 September
2022, exercise price NZD11.81

FPHAU 1,038,436 Options expiring 5 September
2022, exercise price NZD11.81

FPHAB 1,118,854 Options expiring 6 September
2021, exercise price NZD9.82

FPHAI 28,910 Options expiring 11 September
2020, exercise price NZD7.23


FPHAG 577,369 Options expiring 8 September
2020, exercise price NZD7.23


FPHAE 0 Options expiring 28 August
2019, exercise price NZD4.88


10 Dividend policy (in the case of a
trust, distribution policy) on the
increased capital (interests)
No change
11 Is security holder approval
required?




12 Is the issue renounceable or non-
renounceable?



13 Ratio in which the
+
securities will
be offered



14
+
Class of
+
securities to which the
offer relates




15
+
Record date to determine
entitlements




16 Will holdings on different
registers (or subregisters) be
aggregated for calculating
entitlements?

+ See chapter 19 for defined terms.

04/03/2013 Appendix 3B Page 7
17 Policy for deciding entitlements in
relation to fractions




18 Names of countries in which the
entity has security holders who
will not be sent new offer
documents
Note: Security holders must be told how their
entitlements are to be dealt with.
Cross reference: rule 7.7.



19 Closing date for receipt of
acceptances or renunciations

+ See chapter 19 for defined terms.

Appendix 3B Page 8 04/03/2013

20 Names of any underwriters





21 Amount of any underwriting fee
or commission



22 Names of any brokers to the issue





23 Fee or commission payable to the
broker to the issue



24 Amount of any handling fee
payable to brokers who lodge
acceptances or renunciations on
behalf of security holders



25 If the issue is contingent on
security holders’ approval, the
date of the meeting



26 Date entitlement and acceptance
form and offer documents will be
sent to persons entitled



27 If the entity has issued options,
and the terms entitle option
holders to participate on exercise,
the date on which notices will be
sent to option holders



28 Date rights trading will begin (if
applicable)



29 Date rights trading will end (if
applicable)





30 How do security holders sell their
entitlements in full through a
broker?



31 How do security holders sell part
of their entitlements through a
broker and accept for the
balance?

+ See chapter 19 for defined terms.

04/03/2013 Appendix 3B Page 9

32 How do security holders dispose
of their entitlements (except by
sale through a broker)?



33
+
Issue date





Part 3 - Quotation of securities
You need only complete this section if you are applying for quotation of securities

34 Type of
+
securities
(tick one)

(a)

+
Securities described in Part 1


(b)

All other
+
securities
Example: restricted securities at the end of the escrowed period, partly paid securities that become fully paid,
employee incentive share securities when restriction ends, securities issued on expiry or conversion of convertible
securities

Entities that have ticked box 34(a)

Additional securities forming a new class of securities


Tick to indicate you are providing the information or
documents


35

If the
+
securities are
+
equity securities, the names of the 20 largest holders of the
additional
+
securities, and the number and percentage of additional
+
securities
held by those holders


36

If the
+
securities are
+
equity securities, a distribution schedule of the additional
+
securities setting out the number of holders in the categories
1 - 1,000
1,001 - 5,000
5,001 - 10,000
10,001 - 100,000
100,001 and over


37

A copy of any trust deed for the additional
+
securities

+ See chapter 19 for defined terms.

Appendix 3B Page 10 04/03/2013

Entities that have ticked box 34(b)

38 Number of
+
securities for which
+
quotation is sought





39
+
Class of
+
securities for which
quotation is sought




40 Do the
+
securities rank equally in
all respects from the
+
issue date
with an existing
+
class of quoted
+
securities?

If the additional
+
securities do not
rank equally, please state:
• the date from which they do
• the extent to which they
participate for the next
dividend, (in the case of a trust,
distribution) or interest
payment
• the extent to which they do not
rank equally, other than in
relation to the next dividend,
distribution or interest
payment



41 Reason for request for quotation
now
Example: In the case of restricted securities, end
of restriction period

(if issued upon conversion of
another
+
security, clearly identify
that other
+
security)





Number
+
Class
42 Number and
+
class of all
+
securities quoted on ASX
(including the
+
securities in clause
38)

+ See chapter 19 for defined terms.

04/03/2013 Appendix 3B Page 11


Quotation agreement

1
+
Quotation of our additional
+
securities is in ASX’s absolute discretion. ASX
may quote the
+
securities on any conditions it decides.

2 We warrant the following to ASX.

• The issue of the
+
securities to be quoted complies with the law and is
not for an illegal purpose.

• There is no reason why those
+
securities should not be granted
+
quotation.

• An offer of the
+
securities for sale within 12 months after their issue
will not require disclosure under section 707(3) or section 1012C(6) of
the Corporations Act.
Note: An entity may need to obtain appropriate warranties from subscribers for the securities in order to be able
to give this warranty

• Section 724 or section 1016E of the Corporations Act does not apply to
any applications received by us in relation to any
+
securities to be
quoted and that no-one has any right to return any
+
securities to be
quoted under sections 737, 738 or 1016F of the Corporations Act at the
time that we request that the
+
securities be quoted.

• If we are a trust, we warrant that no person has the right to return the
+
securities to be quoted under section 1019B of the Corporations Act at
the time that we request that the
+
securities be quoted.

3 We will indemnify ASX to the fullest extent permitted by law in respect of any
claim, action or expense arising from or connected with any breach of the
warranties in this agreement.

4 We give ASX the information and documents required by this form. If any
information or document is not available now, we will give it to ASX before
+
quotation of the
+
securities begins. We acknowledge that ASX is relying on the
information and documents. We warrant that they are (will be) true and
complete.


Sign here: ................................................ Date: 30 August 2019
Company Secretary

Print name: Marcus Driller

== == == == ==