Capital Change Notice

Template
Capital Change Notice

Updated as at 8 May 2019


Section 1: Issuer information
Name of issuer AWF Madison Group Limited
NZX ticker code AWF
Class of financial product Ordinary Shares
ISIN (If unknown, check on NZX website) NZAWFE0001S8
Currency NZD
Section 2: Capital change details
Number issued/acquired/redeemed 436,778
Nominal value (if any) N/A
Issue price per security $1.96
Nature of the payment (for example, cash or other
consideration)
Portion of Interim Dividend used
to acquire shares
Amount paid up (if not in full) $
Percentage of total class of Financial Products issued
(calculated on the number of Financial Products of the
Class, excluding any Treasury Stock, in existence)
1

1.29%
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)
The new shares will rank equally
with existing fully paid Ordinary
shares.
Reason for issue and specific authority for issue (the reason
for change must be identified here)
Shares issued under the AWF
Madison Group Dividend Re-
Investment Plan
Total number of Financial Products of the Class after the
issue and the total number of Financial Products of the
Class held as Treasury Stock after the
issue/acquisition/redemption.
34,325,542
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 –
Listing Rule 4.8.1
Terms or details of the issue (for example: restrictions,
escrow arrangements)
Up to 50% of the Final Dividend
was allowed to participate in the
dividend reinvestment.
Date of issue
2
29/11/2019

1
The percentage is to be calculated immediately before the issue, acquisition, redemption or Conversion.
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).

Section 3: Authority for this announcement and contact person
Name of person

authorised to make this announcement David Lazarus
Contact person for this announcement David Lazarus
Contact phone number +64 9 526 8775
Contact email address david.lazarus@awfmadison.co.nz
Date of release through MAP

29/11/2019