Gentrack confirms guidance and suspends "Blackout" period

Gentrack Group Ltd | www.gentrack.com | info@gentrack.com | ARBN 169 195 751

31 March 2020
Gentrack confirms guidance and suspends “Blackout” period

Gentrack Group Ltd (NZX/ASX: GTK) (“Gentrack”) advises that half year guidance to
31 March 2020 remains as previously advised, being EBITDA
1
of between NZ$2m –
$3m and confirms its previous decision to withdraw full year guidance as a result of the
ongoing uncertainty surrounding the duration and scale of the COVID-19 outbreak.
As at the date of this announcement, Gentrack considers that all material information
has been disclosed to the market. In particular, Gentrack does not consider that it
holds any material information that one of the exceptions to continuous disclosure in
the NZX Listing Rules applies to.
On this basis, Gentrack is suspending the restrictions under its Share Trading Policy
that would ordinarily prohibit trading in Gentrack shares by all directors, officers,
employees, contractors or secondees of Gentrack and any of its subsidiaries until
Gentrack’s announcement of its half-yearly results. This includes suspending the
current “Blackout” period that prohibits such trading in Gentrack shares.
Gentrack’s Share Trading Policy continues to apply in all other respects.
(All $ amounts referred to above are NZ$)
ENDS
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Contact:
John Clifford – Executive Chairman
+64 9 966 6090
About Gentrack
Gentrack provides essential software for essential services, pairing powerful platforms
with deep market knowledge to help utilities and airports lower service costs, foster
innovation and confidently navigate market reform. It employs over 500 people in
offices across New Zealand, Australia, the UK, Singapore, USA and Europe and
services over 200 utility and airport sites globally with its leading solutions.
Gentrack Cloud is a subscription-based billing, customer information, market
interaction and portfolio analytics solution for energy and water utilities in markets
where flexibility, uniqueness and compliance are essential. Its meter-to-cash
capabilities and managed services offering are designed to enable utilities to
differentiate their businesses in competitive markets, to deliver great customer service

2
experiences, achieve lower service costs, launch innovative products and stay
compliant with market regulations.
More information: www.gentrack.com
Veovo is Gentrack’s world-class solution for airports, enabling them to unlock
operational, revenue, concession and passenger insights across the airport ecosystem.
Over 100 airports globally are using Veovo to operate more efficiently, uncover new
growth opportunities and deliver outstanding guest experiences.
More information: www.veovo.com

(1)
EBITDA: Earnings before net finance expense, tax, depreciation and amortisation
and other non-operating expenses. Non-operating expenses are costs relating to
acquisition. References to FY20 EBITDA do not reflect changes resulting from the
implementation of IFRS16 that became effective for FY20 reporting.