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Notice Pursuant to Listing Rule 7.12.1

Capital Change6 September 2019BGPConsumer Discretionary

BRISCOE
GROUP LIMITED

Briscoe Group Limited

1 Taylors Road, Morningside, Auckland 1025, New Zealand. PO Box 884, Shortland Street, Auckland 1140.

Phone: +64 9 815 3737 Fax: +64 9 815 3738 www.briscoegroup.co.nz

6 September 2019

NZX Limited

Level 2, NZX Centre

PO Box 2959

WELLINGTON

BRISCOE GROUP LIMITED - NOTICE PURSUANT TO NZSX LISTING RULE 7.12.1

For the purposes of NZSX Listing Rule 7.12.1, Briscoe Group Limited (NZX / ASX: BGP)

advises that the following securities have been issued on 6 September 2019-

(a) Class of Security: Ordinary Shares; ISIN: NZBGRE0001S4

(b) Number issued: 90,000

(c) Issue price: $2.75 per share.

(d) Payment: Cash

(e) Amount paid up: fully paid up.

(f) The percentage of the total class of securities issued: 0.0405%.

(g) Reason for issue: The shares were issued pursuant to the Executive Share

Option Scheme 2015.

(h) Specific authority for issue: Board resolution dated 27 October 2015

(i) Terms or details of issue: The shares have been issued as fully paid shares

pursuant to certain transfer restrictions which remain in effect while the holder is

employed with Briscoe Group Limited and also in certain other circumstances.

(j) Total number of securities of the class in existence after the issue: 222,059,500

(k) Treasury stock (acquisition only): Not applicable.

(I) Date of issue: 6 September 2019

Geoff Scowcroft

Chief Financial Officer

Briscoe Group Limited

21120870_1.DOC

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