Capital Change Notice – DRP

Freightways Limited
Capital Change Notice

Updated as at 17 October 2019


Section 1: Issuer information
Name of issuer Freightways Limited
NZX ticker code FRE
Class of financial product Ordinary Shares
ISIN (If unknown, check on NZX website) NZFREE0001S0
Currency New Zealand Dollars
Section 2: Capital change details
Number issued/acquired/redeemed 2,949,370
Nominal value (if any) Not applicable
Issue/acquisition/redemption price per security $5.37
Nature of the payment (for example, cash or other
consideration)
Cash
Amount paid up (if not in full) Not applicable
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

1.90%
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)
Not applicable.
Reason for issue/acquisition/redemption and specific
authority for issue/acquisition/redemption/ (the reason for
change must be identified here)
Issue of shares pursuant to
placement in connection with the
dividend reinvestment plan
shortfall for the FY20 interim
dividend for FRE ordinary shares
announced on 25 March 2020.
The issue was authorised by a
resolution of the board.
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.
158,407,807

In the case of an acquisition of shares, whether those
shares are to be held as treasury stock
Not applicable.

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

Specific authority for the issue, acquisition, or redemption,
including a reference to the rule pursuant to which the
issue, acquisition, or redemption is made
NZX Listing Rule 4.5.1
Terms or details of the issue, acquisition, or redemption
(for example: restrictions, escrow arrangements)
Fully paid ordinary shares ranking
equally with existing fully paid
ordinary shares.
Date of issue/acquisition/redemption
2
27/03/2020
Section 3: Authority for this announcement and contact person
Name of person

authorised to make this announcement Mark Troughear
Contact person for this announcement Mark Troughear
Contact phone number +64 (9) 571 9673
Contact email address mark.troughear@freightways.co.nz
Date of release through MAP

27/03/2020




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).