ikeGPS Capital Change Notice

Capital Change Notice





Section 1: Issuer information
Name of issuer ikeGPS Group Limited
NZX ticker code IKE
Class of financial product Ordinary shares
ISIN (If unknown, check on NZX website) NZIKEE0001S9
Currency NZD
Section 2: Capital change details
Number issued/acquired/redeemed 593,581
Nominal value (if any) N/A
Issue/acquisition/redemption price per security $0.54 being the exercise price of the
unlisted share options fully settled.
$1.12, $1.14 & $1.15 for unlisted share
options net settled (being the volume
weighted average price used to calculate
the net settlement amount).
Nature of the payment (for example, cash or other
consideration)
Cash payment of $135,000 on 250,000
unlisted share options fully settled.
The remaining 650,000 unlisted share
options have been net settled.
Amount paid up (if not in full) $135,000 (Full settlement of 250,000
unlisted options)
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

0.45%
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)
Exercise date: 29/01/2021 to 5/2/2021
Exercise price: $0.51, $0.54
Full settlement of 250,000 unlisted share
options at $0.54.
Net settlement of 650,000 unlisted share
options.
Reason for issue/acquisition/redemption and
specific authority for issue/acquisition/redemption/
(the reason for change must be identified here)
Full and Net settlement of options under
ikeGPS Group Limited’s employee 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.
132,931,830

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
Directors’ resolution dated 11 September
2018, 22 June 2018 & 28 June 2019.
Terms or details of the issue, acquisition, or
redemption (for example: restrictions, escrow
arrangements)
The shares were issued with identical
rights, privileges, limitations, and conditions
as, and rank equally with, the existing
ordinary shares.
Date of issue/acquisition/redemption
2
11 February 2021
Section 3: Authority for this announcement and contact person
Name of person

authorised to make this
announcement
Chris Birkett
Contact person for this announcement Chris Birkett
Contact phone number +64 4 382 8064
Contact email address Chris.birkett@ikegps.com
Date of release through MAP

11 February 2021




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).