Capital Change Notice

Capital Change Notice




Section 1: Issuer information
Name of issuer Comvita Limited
NZX ticker code CVT
Class of financial product Ordinary Shares
ISIN (If unknown, check on NZX website) NZCVTE0001S7
Currency NZD
Section 2: Capital change details
Number issued/acquired/redeemed 13,664,983 ordinary shares,
being:
• 8,000,000 ordinary shares
issued under the
placement announced to
NZX on 28 May 2020; and
• 5,664,983 ordinary shares
issued under the
institutional component of
the accelerated entitlement
offer announced to NZX on
28 May 2020.
Nominal value (if any) N/A
Issue/acquisition/redemption price per security $2.50
Nature of the payment (for example, cash or other
consideration)
Cash
Amount paid up (if not in full) N/A (paid in full)
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

27.45%
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
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 placement and institutional
component of the accelerated
entitlement offer announced to
NZX on 28 May 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.
63,444,985
1,936 Ordinary Shares held as
Treasury Stock

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

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
Board Resolution dated 27
May 2020. The placement is
made under NZX Listing Rules
(Rules) 4.1.2(b) and 4.5.1 (as
modified by a class waiver
granted by NZX Regulation on
19 March 2020). The
accelerated entitlement offer is
being made under Rules
4.1.2(a), 4.3 and 4.4, and is
conducted in accordance with
the class waiver from 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)
New ordinary shares which
rank equally with all other fully
paid ordinary shares in CVT.
Date of issue/acquisition/redemption 3 June 2020
Section 3: Authority for this announcement and contact person
Name of person

authorised to make this announcement David Banfield
Contact person for this announcement David Banfield
Contact phone number 027 720 9082
Contact email address david.banfield@comvita.com
Date of release through MAP

3 June 2020