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Capital Change Notice Relating to DRP

Capital Change31 October 2019GNEUtilities

MARKET RELEASE
Date: 31 October 2019

NZX: GNE / ASX: GNE

Capital Change Notice Relating to Dividend Reinvestement Plan


Genesis Energy Limited (Genesis) provides the attached capital change notice pursuant to NZX listing

rule 3.13.1. This notice relates to the issue of 5,795,886 ordinary shares under Genesis’ Dividend

Reinvestment Plan (DRP), dated 14 February 2018 in respect of the 2019 Final Dividend.


ENDS


For media enquiries, please contact:

Emma-Kate Greer

Group Manager Corporate Relations

Genesis Energy

M: 027 655 4499


For investor relations enquiries, please contact:

Cameron Parker

Investor Relations Manager

Genesis Energy

P: 09 951 9311

M: 021 241 3150


About Genesis Energy

Genesis Energy (NZX: GNE, ASX: GNE) is a diversified New Zealand energy company. Genesis sells electricity,

reticulated natural gas and LPG through its retail brands of Genesis Energy and Energy Online and is New

Zealand’s largest energy retailer with approximately 500,000 customers. The Company generates electricity

from a diverse portfolio of thermal and renewable generation assets located in different parts of the country.

Genesis also has a 46% interest in the Kupe Joint Venture, which owns the Kupe Oil and Gas Field offshore of

Taranaki, New Zealand. Genesis had revenue of $NZ2.7 billion during the 12 months ended 30 June 2019. More

information can be found at www.genesisenergy.co.nz

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Capital Change Notice



Section 1: Issuer information

Name of issuer Genesis Energy Limited

NZX ticker code GNE

Class of financial product Ordinary Shares

ISIN (If unknown, check on NZX website) NZGNEE0001S7

Currency Not applicable

Section 2: Capital change details

Number issued/acquired/redeemed 5,795,886

Nominal value (if any) $18,905,601

Issue/acquisition/redemption price per security $ 3.2619

Nature of the payment (for example, cash or other

consideration)

Cash, pursuant to the Dividend

Reinvestment Plan dated 14 February

2018

Amount paid up (if not in full) Fully paid

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)

1


0.57%

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)

N/A

Reason for issue/acquisition/redemption and specific

authority for issue/acquisition/redemption/ (the reason

for change must be identified here)

Shares were issued pursuant to the

Dividend Reinvestment Plan dated 14

February 2018 in respect of the final

dividend for the period ended 30 June

2019

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.

1,029,442,442

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

Dividend Reinvestment Plan terms and

Board resolution dated 27 August 2019


1

The percentage is to be calculated immediately before the issue, acquisition, redemption or Conversion.

Terms or details of the issue, acquisition, or
redemption (for example: restrictions, escrow

arrangements)

The shares were issued pursuant to

the terms of the Dividend Reinvestment

Plan.

Date of issue/acquisition/redemption

2

31/10/2019

Section 3: Authority for this announcement and contact person

Name of person authorised to make this

announcement

Cameron Parker

Contact person for this announcement Cameron Parker

Contact phone number 09 951 9311

Contact email address Cameron.Parker@genesisenergy.co.nz

Date of release through MAP 31/10/2019





2

Continuous issuers using this form in reliance on Rule 3.13.2, please indicate the period during which the relevant

issue/acquisition/redemptions were made (for example, 1 January 2019 to 31 January 2019).

Data sourced from publicly available filings. Our datasets may not be complete. Automated analysis can produce errors. If you believe any data on this page is incorrect, please contact us at hello@nzxplorer.co.nz. For informational purposes only. Not investment advice.

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