Capital change notice

®
is a registered Trade Mark of Wellington Drive Technologies WT 9381

Wellington Drive Technologies Ltd
P: +64 9 477 4500 E: info@wdtl.com
21 Arrenway Drive, Rosedale, Auckland 0632
PO Box 302-533 North Harbour, Auckland 0751, New Zealand
www.wdtl.com



4 May 2020

Capital Change Notice


For immediate release
Notification of Allotment of Securities by Wellington Drive Technologies Limited

Section 1: Issuer information

Name of issuer Wellington Drive Technologies Limited
NZX ticker code WDT
Class of financial product Ordinary Shares
ISIN (If unknown, check on NZX website) NZWDTE0002S1
Currency NZD
Section 2: Capital change details
Number issued 288,647
Nominal value (if any) n/a
Issue/acquisition/redemption price per security 5.59 cents per share
Nature of the payment
(for example, cash or other consideration)
Ordinary shares were issued for cash upon the
exercise of options granted under the United
States Employees Share Option Plan
Amount paid up (if not in full) $16,135.36 in full payment
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

0.09%
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)

n/a

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

WT 9381

2
Reason for issue/acquisition/redemption and specific
authority for issue/acquisition/redemption/ (the reason
for change must be identified here)
The issue of shares is upon the exercise of
options granted under the United States
Employees Share Option Plan
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.

322,995,652
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, acquisition, or
redemption, including a reference to the rule pursuant to
which the issue, acquisition, or redemption is made
Directors resolution
Terms or details of the issue, acquisition, or redemption
(for example: restrictions, escrow arrangements)
The shares are credited as fully paid, and rank
in all respects equally with the fully paid
Ordinary Shares already on issue.
Date of issue/acquisition/redemption
2
1 May 2020
Section 3: Authority for this announcement and contact person
Name of person

authorised to make this announcement Howard Milliner
Contact person for this announcement Howard Milliner
Contact phone number +64 27 5870455
Contact email address Howard.milliner@wdtl.com
Date of release through MAP

4 May 2020


For further information visit www.wdtl.com.



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).