Capital Change Notice

Capital Change Notice





Section 1: Issuer information
Name of issuer Scales Corporation Limited
NZX ticker code SCL
Class of financial product Ordinary Shares
ISIN (If unknown, check on NZX website) NZSCLE0002S8
Currency NZD
Section 2: Capital change details
Number issued 301,657
Nominal value (if any) Not Applicable
Issue price per security $3.20
Nature of the payment Payable in cash
Amount paid up (if not in full) Fully paid up
Percentage of total class of Financial Products
issued
0.213%
For an issue of Convertible Financial Products or
Options, the principal terms of Conversion
Not Applicable
Reason for issue Issue of ordinary shares to participants
under the Scales Senior Executive
Share Scheme
Total number of Financial Products of the Class
after the issue (excluding Treasury Stock) and the
total number of Financial Products of the Class
held as Treasury Stock after the issue.
141,880,895
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 Board resolution dated 14 April 2020.
Terms or details of the issue Ordinary shares having the same rights
and ranking equally with the existing
ordinary shares
Date of issue 30/04/2020
Section 3: Authority for this announcement and contact person
Name of person

authorised to make this
announcement
Stephen Kennelly
Contact person for this announcement Stephen Kennelly
Contact phone number +64 3 3712263
Contact email address steve.kennelly@scalescorporation.co.nz
Date of release through MAP

30/04/2020