Allotment of shares

Template
Capital Change Notice

Updated as at 8 May 2019



Section 1: Issuer information
Name of issuer Wellington Drive Technologies
Limited
NZX ticker code WDT
Class of financial product Ordinary shares
ISIN (If unknown, check on NZX website) NZWDTE0002S1
Currency NZ$
Section 2: Capital change details
Number issued/acquired/redeemed 53,232,829
Nominal value (if any) N/A
Issue/acquisition/redemption price per security $0.10
Nature of the payment (for example, cash or other
consideration)
Cash
Amount paid up (if not in full) Paid in full
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

20%
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)
Allotment of shares pursuant to
WDT’s 1 for 5 renounceable
rights offer as announced on
25 October 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.
319,399,867
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
Directors resolution dated 25
October 2019 approving issue
under Listing Rule 4.3.1
Terms or details of the issue, acquisition, or redemption (for
example: restrictions, escrow arrangements)
N/A
Date of issue/acquisition/redemption 29/11/2019

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

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

authorised to make this announcement Howard Milliner
Contact person for this announcement Howard Milliner
Contact phone number 09 477 4500
Contact email address Howard.Milliner@wdtl.com
Date of release through MAP

29/11/2019