Capital Change Notice – InterplX Tranche 2

CAPITAL CHANGE NOTICE

Section 1: Issuer information
Name of issuer Serko Limited (“Serko”)
NZX ticker code SKO
Class of financial product Ordinary shares in Serko (“Shares”)
ISIN NZSKOE0001S7
Currency NZD/USD (refer below)
Section 2: Capital change details
Number issued/acquired/redeemed 573,922 Shares (the “New Shares”)
Nominal value (if any) N/A
Issue/acquisition/redemption price per security
NZ$3.30 (US$2.178) per New Share
Nature of the payment (for example, cash or other
consideration)
Non-cash consideration
Amount paid up (if not in full) Fully paid up
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

0.623% (before issue)
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)
Issued as part consideration (Tranche 2) to
stockholders of InterplX, Inc. (InterpIX) for the
acquisition by Serko (through a wholly-owned
subsidiary) of all of the issued shares in InterpIX as
announced on 20 December 2018. Tranche 1 was
issued at the time of the acquisition on 20 December
2018.
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.
92,660,344 Shares on issue

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 20 December 2018 and 10
February 2020.
Terms or details of the issue, acquisition, or redemption (for
example: restrictions, escrow arrangements)
The New Shares will be issued on the same terms as
the existing Shares on issue.

1

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

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

Date of issue/acquisition/redemption 12 February 2020
Section 3: Authority for this announcement and contact person
Name of person authorised to make this announcement Susan Putt
Contact person for this announcement Susan Putt, Chief Financial Officer
Contact phone number
+64 21 388 009

Contact email address
investor.relations@serko.com

Date of release through MAP 13 February 2020