Capital Change Notice

PaySauce Limited
Capital Change Notice


Section 1: Issuer information
Name of issuer PaySauce Limited
NZX ticker code PYS
Class of financial product Ordinary Shares
ISIN (If unknown, check on NZX website) NZMADE0001S4
Currency $NZD
Section 2: Capital change details
Number issued/acquired/redeemed 2,495,403 issued
Nominal value (if any) N/A
Issue/acquisition/redemption price per security $0.515
Nature of the payment (for example, cash or other
consideration)
Conversion
Amount paid up (if not in full) $1,285,132
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)
2.14%
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)
Conversion of Convertible
Notes to Ordinary Shares.
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.
119,366,278
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
Board Resolution dated 21
January 2020, Director’s
Certificate dated 28 June
2019, and NZX Listing Rule
3.14.1
Terms or details of the issue, acquisition, or redemption (for
example: restrictions, escrow arrangements)
None.
Date of issue/acquisition/redemption 28/01/2020

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

authorised to make this announcement Asantha Wijeyeratne
Contact person for this announcement Asantha Wijeyeratne
Contact phone number 021 554 600
Contact email address investor@paysauce.com
Date of release through MAP

28/01/2020