Notice of Allotment of Fixed Rate Bonds

Capital Change Notice

Updated as at 17 October 2019


Section 1: Issuer information
Name of issuer Summerset Group Holdings
Limited
NZX ticker code SUM
Class of financial product Guaranteed, secured,
unsubordinated, fixed rate bonds
ISIN (If unknown, check on NZX website) NZSUMD0030L6
Currency NZD
Section 2: Capital change details
Number issued/acquired/redeemed 150,000,000
Nominal value (if any) $1.00 per bond
Issue/acquisition/redemption price per security $1.00 per bond
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)
1

100% of the SUM030 bonds
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)
Allotment under the Final Terms
Sheet dated 11 September 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.
150,000,000 (nil held as treasury
stock)
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 resolutions dated 7 August
2020
Terms or details of the issue, acquisition, or redemption (for
example: restrictions, escrow arrangements)
As set out in the Supplemental
Trust Deed dated 7 September
2020 and the Final Terms Sheet
dated 11 September 2020

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

Date of issue/acquisition/redemption
2
21/09/2020
Section 3: Authority for this announcement and contact person
Name of person

authorised to make this announcement Robyn Heyman
Contact person for this announcement Robyn Heyman
Contact phone number 027 506 5562
Contact email address robyn.heyman@summerset.co.nz
Date of release through MAP

21/09/2020




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).