Capital Change Notice

Capital Change Notice

Updated as at 8 May 2019


Section 1: Issuer information
Name of issuer Spark New Zealand Limited
NZX ticker code SPK
Class of financial product Redeemable ordinary shares
ISIN (If unknown, check on NZX website) NZTELE0001S4
Currency NZD
Section 2: Capital change details
Number issued/acquired/redeemed 111,003
Nominal value (if any) N/A
Issue/acquisition/redemption price per security $4.4266
Nature of the payment (for example, cash or other
consideration)
Cash payment
Amount paid up (if not in full) N/A
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)
58.11%
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)
Unlisted redeemable ordinary
shares having the same rights
and terms as existing ordinary
shares in Spark NZ, except
that they are redeemable by
Spark NZ in certain
circumstances within 2 years
of the issue date. The terms of
the Managing Director
Performance Equity Scheme
are described in Spark NZ’s
Annual Report for the year
ended 30 June 2019.
Reason for issue/acquisition/redemption and specific authority
for issue/acquisition/redemption/ (the reason for change must
be identified here)
Issue of shares under the
Managing Director
Performance Equity Scheme
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.
302,019
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
The terms of the Managing
Director Performance Equity
Scheme and a Board

resolution dated 20 August
2019
Terms or details of the issue, acquisition, or redemption (for
example: restrictions, escrow arrangements)
The shares cannot be
transferred (and are
redeemable by Spark NZ in
certain circumstances) for a
period of 2 years. After the 2
year period, the shares
reclassify into quoted ordinary
shares in Spark NZ
Date of issue/acquisition/redemption 19/09/2019
Section 3: Authority for this announcement and contact person
Name of person

authorised to make this announcement
Silvana Roest, Company
Secretary
Contact person for this announcement Silvana Roest
Contact phone number +64 9 359 6413
Contact email address silvana.roest@spark.co.nz
Date of release through MAP

19/09/2019