Notice Pursuant to Clause 20(1)(a) FMCR 2014

3891900 v4
14 October 2019

MARKET RELEASE
Notice pursuant to clause 20(1)(a) of schedule 8 of the Financial
Markets Conduct Regulations 2014


Argosy Property Limited ("Argosy") gives notice under clause 20(1)(a) of schedule 8 of the
Financial Markets Conduct Regulations 2014 ("Regulations") that it proposes to make an offer
("Offer") for the issue of senior secured fixed rate green bonds due 29 October 2026 ("Green
Bonds") in reliance upon the exclusion in clause 19 of schedule 1 of the Financial Markets
Conduct Act 2013 ("FMCA").
Except for the redemption date and interest rate, the Green Bonds will have identical rights,
privileges, limitations and conditions as Argosy's senior secured fixed rate green bonds maturing
on 27 March 2026, which have a fixed interest rate of 4.00% per annum and are currently
quoted on the NZX Debt Market under the ticker code ARG010 (the "Existing Bonds").
The Green Bonds therefore are of the same class as the Existing Bonds for the purposes of the
FMCA and the Regulations.
The Existing Bonds have been continuously quoted on the NZX Debt Market over the preceding
3 months and trading in the Existing Bonds has not been suspended during that period.
As at the date of this notice, Argosy is in compliance with:
(a) the continuous disclosure obligations that apply to it in relation to the Existing Bonds;
and
(b) its financial reporting obligations, as defined in the Regulations.
As at the date of this notice, there is no "excluded information" required to be disclosed for the
purposes of the Regulations.
As at the date of this notice, there is no information that would be required to be disclosed
under a continuous disclosure obligation or which would be excluded information for the
purposes of the Regulations if the Existing Bonds had had the same redemption date or interest
rate as the Green Bonds.
-END-

Enquiries
Peter Mence
Chief Executive Officer
Argosy Property Limited
Telephone: 09 304 3411
Email: pmence@argosy.co.nz

Dave Fraser
Chief Financial Officer
Argosy Property Limited
Telephone: 09 304 3469
Email: dfraser@argosy.co.nz

Stephen Freundlich
Head of Investor Relations
Argosy Property Limited

Telephone: 09 304 3426
Email: sfreundlich@argosy.co.nz