Capital Change Notice

Capital Change Notice



Section 1: Issuer information
Name of issuer Kathmandu Holdings Limited
NZX ticker code KMD
Class of financial product Ordinary shares
ISIN (If unknown, check on NZX website) NZKMDE0001S3
Currency NZD
Section 2: Capital change details
Number issued/acquired/redeemed 105,348,353 ordinary shares
Nominal value (if any) N/A
Issue/acquisition/redemption price per security NZ$0.50
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)
17.452%
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 ordinary shares under the
retail component of the fully
underwritten accelerated entitlement
offer announced to NZX on
Wednesday 1 April 2020, authorised
by Board resolution dated Tuesday
31 March 2020.
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.
709,001,384 ordinary shares
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
Board resolution dated Tuesday 31
March 2020. The accelerated
entitlement offer is being conducted
in accordance with the class waiver
from NZX Listing Rule 4.1.1 in
relation to ANREOs granted by NZX
Regulation on 26 March 2020.

Terms or details of the issue, acquisition, or redemption
(for example: restrictions, escrow arrangements)
Issue of ordinary shares which rank
equally with all other fully paid
ordinary shares in Kathmandu
Holdings Limited
Date of issue/acquisition/redemption 24/04/2020
Section 3: Authority for this announcement and contact person
Name of person

authorised to make this announcement Frances Blundell
Contact person for this announcement Frances Blundell
Contact phone number +64 3 421 5397
Contact email address companysecretary@kathmandu.co.nz
Date of release through MAP

24/04/2020