Amended Issue of Ordinary Shares

BGI - Capital Change
28 January 2020, MKTUPDATE



BLACKWELL GLOBAL HOLDINGS LIMITED (BGI) – advises that the major shareholder, Blackwell Global
Group Limited has given notice in terms of Clause 5.1 of the Convertible Note Subscription
Agreement, that it has exercised its right to convert $500,000 of the convertible notes into ordinary
shares in Blackwell Global Holdings Limited (BGI).

The conversion into Ordinary Shares has been calculated at an issue price of $0.008 resulting in the
issue of 62,500,000 ordinary shares.

BGI is pleased to advise that he Convertible note has been converted at the request of the major
shareholder which shows its continued assistance and support of BGI.

Ends

For more information please contact:
Mark Thornton
Chief Executive Officer
+64 9 302 2618

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Template
Capital Change Notice

Updated as at 17 October 2019



Section 1: Issuer information
Name of issuer Blackwell Global Holdings
Limited
NZX ticker code BGI
Class of financial product Ordinary Shares
ISIN (If unknown, check on NZX website) NZNZFE0001S4
Currency NZD
Section 2: Capital change details
Number issued/acquired/redeemed 62,500,000
Nominal value (if any) n/a
Issue/acquisition/redemption price per security $0.008
Nature of the payment (for example, cash or other
consideration)
Conversion of Convertible
Notes
Amount paid up (if not in full) n/a
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

14.2%
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 pursuant to the
Convertible Note Subscription
Agreement dated4 July 2017
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.
502,330,488
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
Resolution of Directors on 20
December 2019
Issue pursuant to Listing Rule
4.9.1(b)
Terms or details of the issue, acquisition, or redemption (for
example: restrictions, escrow arrangements)
-

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

Date of issue/acquisition/redemption
2
28/01/2020
Section 3: Authority for this announcement and contact person
Name of person

authorised to make this announcement Mark Thornton
Contact person for this announcement Mark Thornton
Contact phone number 021 723 766
Contact email address Mark.thornton@nzf.co.nz
Date of release through MAP

28/01/2020




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).