Capital Change Notice

Capital Change Notice




Section 1: Issuer information
Name of issuer Tourism Holdings Limited
NZX ticker code THL
Class of financial product Ordinary Shares
ISIN (If unknown, check on NZX website) NZHELE0001S9
Currency NZD
Section 2: Capital change details
Number issued/acquired/redeemed 3,260,870
Nominal value (if any) N/A
Issue/acquisition/redemption price per security $2.30
Nature of the payment (for example, cash or other
consideration)
Consideration under the sale
and purchase agreement for
thl to acquire the remaining
50% interest in Action
Manufacturing
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)
2.203%
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)
Directors’ resolutions dated 25
February 2021 authorising the
issue of shares as
consideration under the sale
and purchase agreement for
thl to acquire the remaining
50% interest in Action
Manufacturing
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.
151,301,797
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
Share issued pursuant to
clause 4.1.1 of thl’s
Constitution and Listing Rule
4.5.

Terms or details of the issue, acquisition, or redemption (for
example: restrictions, escrow arrangements)
The recipient must retain (i)
100% of the shares for three
months from the date of issue,
(ii) 50% of the shares for 12
months from the date of issue,
and (iii) 25% of the shares for
24 months from the date of
issue.
Date of issue/acquisition/redemption 15 March 2021
Section 3: Authority for this announcement and contact person
Name of person

authorised to make this announcement Grant Webster
Contact person for this announcement Grant Webster
Contact phone number
+64 9 3364255
+64 21 449210
Contact email address
g
rant.webster@thlonline.com
Date of release through MAP

15 March 2021