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 35,000
Nominal value (if any) N/A
Issue/acquisition/redemption price per security Payments totalling $64,379 have
been received in respect of
conversion of redeemable
ordinary shares.

35,000 redeemable ordinary
shares were converted into
ordinary shares. The redeemable
ordinary shares were paid up to
$0.01 per share at the time of
issue.

Prior to conversion, they had to
be paid up in full. The full issue
price per share was $1.78. A cost
of capital excess amount was also
payable.
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)
0.023%
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)
A participant under the 2009 Long
Term Incentive Scheme
requested a transfer of certain of
the redeemable ordinary shares
allocated to them under the
Scheme.

In accordance with the terms of
the scheme, upon the transfer of
the redeemable ordinary shares
from THL Corporate Trustee
Limited (the Trustee under the
2009 Long Term Incentive
Scheme) to the participant, the

35,000 redeemable ordinary
shares convert into 35,000
ordinary shares.
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.
151,451,797 ordinary shares and
1,135,630 redeemable ordinary
shares.
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
Terms of the 2009 Long Term
Incentive Scheme previously
adopted by the Board, and
Directors’ Resolutions.
Terms or details of the issue, acquisition, or redemption (for
example: restrictions, escrow arrangements)
None
Date of issue/acquisition/redemption 30 March 2021. The original date
of issue for the redeemable
ordinary shares converted was 2
April 2015.
Section 3: Authority for this announcement and contact person
Name of person

authorised to make this announcement Rob Campbell
Contact person for this announcement Grant Webster
Contact phone number
+64 9 336 4255
+64 21 449 210
Contact email address grant.webster@thlonline.com
Date of release through MAP

30 March 2021