Issue of performance rights

NZX Limited
Level 1, NZX Centre
11 Cable Street
PO Box 2959
Wellington 6140
New Zealand
Tel +64 4 472 7599

www.nzx.com

29 July 2020

Issue of
performance rights to employees of NZX Limited (NZX)


NZX advises that it has issued performance rights to members of its NZX Wealth Technologies
executive and management teams pursuant to NZX’s Long Term Incentive Plan. The
performance rights give the holder options to acquire ordinary shares in NZX, which may be
exercised if the performance rights vest. For the performance rights to vest, the holder must
continue to be employed by the NZX Group for the duration of the five-year vesting period and
the performance hurdles must be met. The vesting period for the performance rights is 1
January 2019 to 31 December 2023.


The total number of performance rights on issue is now 5,035,420.


The attached information is supplied pursuant to NZX Listing Rule 3.13.1.

For further information, please contact:
David Glendining
Head of Communications
T: 09 375 9866
M: 027 301 9248
E: david.glendining@nzx.com

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NZX Limited
Level 1, NZX Centre
11 Cable Street
PO Box 2959
Wellington 6140
New Zealand
Tel +64 4 472 7599

www.nzx.com
Page 1 of 2
29 July 2020
Notice of issue of performance rights to employees of NZX Limited (NZX)
This notice is given under NZX Listing Rule 3.13.1 and relates to the issue of performance
rights to members of NZX Wealth Technologies’ executive and management teams pursuant to
NZX’s Long Term Incentive Plan.
Section 1: issuer information
Name of issuer NZX Limited
NZX ticker code NZX
Class of Financial Product
Performance rights which give the holder options to
acquire NZX Limited Ordinary Shares.
ISIN N/A
Section 2: capital change details
Number issued
937,216 performance rights

Nominal value (if any) N/A
Issue price No consideration is payable for the issue of the
performance rights
Nature of the payment N/A
Amount paid up N/A
Percentage of total class of Financial
Products issued
22.8689% (as a percentage of performance rights in
existence immediately prior to this issue, to four
decimal places)
The principal terms of Conversion or the
Option
Issue of performance rights pursuant to NZX’s Long
Term Incentive Plan. The performance rights give the
holder options to acquire NZX Limited Ordinary
Shares, which may be exercised if the performance
rights vest. For the performance rights to vest, the
holder must continue to be employed by the NZX
Group for the duration of the five-year vesting period
and the performance hurdles must be met.

Reason for issue and specific authority
for issue
Issue of performance rights pursuant to NZX’s Long
Term Incentive Plan, as authorised by the resolution
of directors dated 1 July 2020.
Total number of Financial Products of
the Class after the issue (excluding
Treasury Stock) and the total number of
5,035,420 performance rights

No Treasury Stock held

Page 2 of 2

Financial Products of the Class held as
Treasury Stock after the issue.
In the case of an acquisition of shares,
whether those shares are to be held as
treasury stock
No
Specific authority for the issue Resolution of directors dated 1 July 2020.
Terms or details of the issue See “The principal terms of Conversion or the
Option” above.
Date of issue 29 July 2020
Section 3: authority for this announcement
Name of person authorised to make this
announcement
David Glendining
Head of Communications
Contact phone number T: 09 375 9866
M: 027 301 9248
Contact email address david.glendining@nzx.com
Date of release via MAP 29 July 2020