Notice of Allotment of Securities

Capital Change Notice






Section 1: Issuer information
Name of issuer Summerset Group Holdings Limited
NZX ticker code SUM
Class of financial product Ordinary Shares
ISIN (If unknown, check on NZX website) NZSUME0001S0
Currency NZD
Section 2: Capital change details
Number issued/acquired/redeemed 1,155,370 Ordinary Shares
Nominal value (if any) N/A
Issue/acquisition/redemption price per security $5.36460000
Nature of the payment (for example, cash or other
consideration)
Cash
Amount paid up (if not in full) Fully paid
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).
0.5094%
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)
Issue of Ordinary Shares to those
shareholders who have elected to
participate in the Dividend
Reinvestment Plan
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.
227,983,045 Ordinary Shares (nil
held as treasury stock)
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 24
February 2020, permitted under
listing rule 4.8
Terms or details of the issue, acquisition, or redemption
(for example: restrictions, escrow arrangements)
Issue of 1,155,370 Ordinary Shares
pursuant to the terms of the Dividend
Reinvestment Plan Offer document

dated 29 April 2016
Date of issue/acquisition/redemption 23/03/2020
Section 3: Authority for this announcement and contact person
Name of person

authorised to make this announcement Robyn Heyman
Contact person for this announcement Robyn Heyman
Contact phone number 027 506 5562
Contact email address robyn.heyman@summerset.co.nz
Date of release through MAP

23/03/2020