Director Loan Facility Repayment and Associated Share Sale

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Serko Limited, Saatchi Building, Unit 14D 125 The Strand, Parnell, Auckland, New Zealand
PO Box 47-638, Ponsonby, T: +64 9 309 4754, F: +64 9 377 0545, investor.relations@serko.com
Incorporated in New Zealand ARBN 611 613 980

Market Release
3 February 2020


REPAYMENT OF INDEPENDENT DIRECTOR SHARE LOAN FACILITY
AND ASSOCIATED SHARE SALE

As previously disclosed to the market, in 2014 Serko Limited (NZX/ASX:SKO) introduced a loan facility to
enable independent directors to acquire a specified number of shares in Serko at the time of Serko’s initial
public offering (Director Share Loan).
The Director Share Loan is due for repayment in June 2020, or earlier at the discretion of each
independent director.
As the Director Share Loan facility nears expiry, Ms Batten and Mr McConaghy have each indicated they
wish to sell-down a portion of their current holding of SKO shares (each retaining over 50% of their current
holding). The proceeds are in large part to be used to repay their Director Share Loan (fully discharging
their obligations under their respective loan agreement with the Company) and settle associated tax
obligations.
Disclosure notices will be filed on the NZX and ASX by Ms Batten and Mr McConaghy if and when their
respective share sale takes place, providing further information in relation to each anticipated sale.
For and on behalf of Serko Limited
Susan Putt
Chief Financial Officer

Ends

For investor relations queries please contact:
Susan Putt
Chief Financial Officer
Serko +64 9 309 4754 or +64 21 388 009
investor.relations@serko.com