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 1,418,705
Nominal value (if any) Not applicable
Issue/acquisition/redemption price per security $5.37
Nature of the payment (for example, cash or other
consideration)
Dividend reinvestment in respect
of FY20 interim dividend
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

0.89%
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 the
dividend reinvestment plan for
FRE ordinary shares.
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.
159,826,512
In the case of an acquisition of shares, whether those
shares are to be held as treasury stock
Not applicable.
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 4.8.1

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

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 01/04/2020
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

01/04/2020

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NZX RELEASE

1 April 2020

FRE ALLOTMENT OF SECURITIES

Freightways Limited provides the attached capital change notice in respect of FRE ordinary shares
allotted pursuant to the dividend reinvestment plan for the FY20 interim dividend announced on 24
February 2020.


ENDS

For further information please contact
Mark Troughear
Chief Executive Officer
Freightways Limited
+64 9 571 9673