Capital Change Notice

Capital Change Notice

Updated as at 8 May 2019

This notice is given under NZX Listing Rule 3.13.1 and 3.15.2 and relates to the automatic
exercise of time-based rights.


Section 1: Issuer information
Name of issuer Spark New Zealand Limited
NZX ticker code SPK
Class of financial product Ordinary shares
ISIN (If unknown, check on NZX website) NZTELE0001S4
Currency NZD
Section 2: Capital change details
Number issued/acquired/redeemed 91,958 redeemable ordinary
shares issued pursuant to the
Performance Equity Scheme
Nominal value (if any) Not applicable
Issue/acquisition/redemption price per security $0
Nature of the payment (for example, cash or other
consideration)
Not applicable
Amount paid up (if not in full) Not applicable
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)
0.005% of the ordinary shares
in Spark NZ (based on the
number on ordinary shares
currently on issue)
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)
Not applicable
Reason for issue/acquisition/redemption and specific authority
for issue/acquisition/redemption/ (the reason for change must
be identified here)
Ordinary shares issued as a
result of the vesting and
automatic exercise of time-
based rights granted on 19
September 2017
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.
1,836,283,539 ordinary shares
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, 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 17 August
2017

Terms or details of the issue, acquisition, or redemption (for
example: restrictions, escrow arrangements)
All shares rank equally with
existing Ordinary shares
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




Listing Rule 3.15.2


a) Number of Securities converted


b) Number and Class of Securities into
which have been converted


c) Details of any interests or dividend
conditions attaching to Securities Converted
and allotted upon Conversion

d) Number of Securities of the same class
that remain to be converted







91,958 redeemable ordinary shares issued
pursuant to the Performance Equity Scheme

91,958 ordinary shares


None


210,061 redeemable ordinary shares issued
pursuant to the Performance Equity Scheme