Ongoing Disclosure Notices – multiple

Ongoing Disclosure Notice
Disclosure of Directors and Senior Managers Relevant
Interests
Sections 297(1) and 298(1), Financial Markets Conduct Act 2013
To NZX Limited; and
Name of listed issuer:
General Capital Limited
Date this disclosure made:
28/09/2021
Date of last disclosure:
3/10/2019
Director or senior manager giving disclosure
Full name(s):
Rewi Hamid Bugo
Name of listed issuer:
General Capital Limited
Name of related body corporate (if applicable):
N/A
Position held in listed issuer:
Director
Summary of acquisition or disposal of relevant interest (excluding specified derivatives)
Class of affected quoted financial products:
Ordinary Shares
Nature of the affected relevant interest(s):
Relevant interest in ordinary shares in General Capital Limited
held and beneficially owned by Borneo Capital Limited. Rewi
Hamid Bugo has a relevant interest in the ordinary shares
beneficially owned by Borneo Capital Limited by virtue of
holding and having the power to exercise the right to vote
attaching to, and the power to dispose of, 20% or more of the
voting products of Borneo Capital Limited.
For that relevant interest-
Number held in class before acquisition or disposal:
42,249,755
Number held in class after acquisition or disposal:
63,388,991 (including relevant interest in 428,034 calculated in
accordance with s275 of FMCA in relation to holding of
82,780,222 GENWB:NZX Warrants).
Current registered holder(s):
N/A
Registered holder(s) once transfers are registered:
Borneo Capital Limited
Summary of acquisition or disposal of specified derivatives relevant interest (if applicable)
Type of affected derivative:
Class of underlying financial products:
Details of affected derivative-
The notional value of the derivative (if any) or the notional amount of underlying
financial products (if any):
A statement as to whether the derivative is cash settled or physically settled:
Maturity date of the derivative (if any):
Expiry date of the derivative(if any):
The price specified in the terms of the derivative (if any):
Any other details needed to understand how the amount of the consideration
payable under the derivative or the value of the derivative is affected by the value
of the underlying financial products:
For that derivative,-
Parties to the derivative:
If the director or senior manager is not a party to the derivative, the nature of the
relevant interest in the derivative:
Details of transactions giving rise to acquisition or disposal
Total number of transactions to which notice relates: 2
Details of transactions requiring disclosure-
Date of transaction:
Transaction 1: 27 September 2021
Transaction 2: 27 September 2021
Nature of transaction:
Transaction 1: Issue of new ordinary shares.
Transaction 2: Off-market purchase of ordinary shares.

Name of any other party or parties to the transaction (if known):
Transaction 1: Not applicable.
Transaction 2: Belian Holdings Limited
The consideration, expressed in New Zealand dollars, paid or received for the
acquisition or disposal. If the consideration was not in cash and cannot be readily
by converted into a cash value, describe the consideration:
Transaction 1: $500,000 (6.0 cents per share)
Transaction 2: $742,672.14 (6.0 cents per share)
Number of financial products to which the transaction related:
Transaction 1: 8,333,333 ordinary shares
Transaction 2: 12,377,869 ordinary shares
If the issuer has a financial products trading policy that prohibits directors or
senior managers from trading during any period without written clearance (a
closed period) include the following details—
Whether relevant interests were acquired or disposed of during a closed period:Yes
Whether prior written clearance was provided to allow the acquisition or disposal
to proceed during the closed period:
Yes
Date of the prior written clearance (if any):
27/09/2021
Summary of other relevant interests after acquisition or disposal:
Class of quoted financial products:GENWB Warrants
Nature of relevant interest:
Relevant interest in 80,780,222 GENWB warrants issued to,
held and beneficially owned by Borneo Capital Limited. Rewi
Hamid Bugo has a relevant interest in the warrants beneficially
owned by Borneo Capital Limited by virtue of holding and
having the power to exercise the right to vote attaching to, and
the power to dispose of, 20% or more of the voting products of
Borneo Capital Limited.
Beneficial interest in 2,000,000 GENWB warrants issued to and
held by Borneo Capital Limited as bare trustee for Rewi Hamid
Bugo
For that relevant interest,-
Number held in class:
82,780,222
Current registered holder(s):Borneo Capital Limited
For a derivative relevant interest,-
Type of derivative:GENWB Warrants
Details of derivative,-
The notional value of the derivative (if any) or the notional amount of underlying
financial products (if any):
82,780,222 GENWB warrants (conversion ratio of one ordinary
share for every one warrant held if exercised)
A statement as to whether the derivative is cash settled or physically settled:Cash Settled
Maturity date of the derivative (if any):Last exercise date of 30/11/2021
Expiry date of the derivative (if any):Last exercise date of 30/11/2021
The price's specified terms (if any):9.00 cents per share on the exercise of each warrant
Any other details needed to understand how the amount of the consideration
payable under the derivative or the value of the derivative is affected by the value
of the underlying financial products:
N/A
For that derivative relevant interest,-
Parties to the derivative:
Borneo Capital Limited
If the director or senior manager is not a party to the derivative, the nature of the
relevant interest in the derivative:
Relevant interest in 80,780,222 GENWB warrants issued to,
held and beneficially owned by Borneo Capital Limited. Rewi
Hamid Bugo has a relevant interest in the warrants beneficially
owned by Borneo Capital Limited by virtue of holding and
having the power to exercise the right to vote attaching to, and
the power to dispose of, 20% or more of the voting products of
Borneo Capital Limited.
Beneficial interest in 2,000,000 GENWB warrants issued to and
held by Borneo Capital Limited as bare trustee for Rewi Hamid
Bugo
Certification
I, certify that, to the best of my knowledge and belief, the information contained in
this disclosure is correct and that I am duly authorised to make this disclosure by
all persons for whom it is made.
Signature of director or officer:
Date of signature:
28/09/2021
or
Signature of person authorised to sign on behalf of director or officer:
Date of signature:
Name and title of authorised person:

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To NZX Limited; and
Name of listed issuer:
General Capital LimitedGeneral Capital Limited
Date this disclosure made:
28/09/202128/09/2021
Date of last disclosure:
4/08/20204/08/2020
Director or senior manager giving disclosure
Full name(s):
Brent Douglas KingBrent Douglas King
Name of listed issuer:
General Capital LimitedGeneral Capital Limited
Name of related body corporate (if applicable):
N/AN/A
Position held in listed issuer:
DirectorDirector
Summary of acquisition or disposal of relevant interest (excluding specified derivatives)
Class of affected quoted financial products:
Nature of the affected relevant interest(s):
For that relevant interest-
Number held in class before acquisition or disposal:
Number held in class after acquisition or disposal:
Current registered holder(s):
Registered holder(s) once transfers are registered:
Summary of acquisition or disposal of specified derivatives relevant interest (if applicable)
Type of affected derivative:
(a) June 2023 Warrants
(b) June 2024 Warrants
Class of underlying financial products:Ordinary Shares
Details of affected derivative-
The notional value of the derivative (if any) or the notional
amount of underlying financial products (if any):
(a) 4,250,000 June 2023
Warrants
(b) 4,250,000 June 2024
Warrants
(conversion ratio of one
ordinary share for every one
warrant held if exercised)
A statement as to whether the derivative is cash settled or
physically settled:
Cash Settled
Maturity date of the derivative (if any):
(a) Last exercise date of
30/06/2023
(b)Last exercise date of
30/06/2024
Expiry date of the derivative(if any):
(a) Last exercise date of
30/06/2023
(b)Last exercise date of
30/06/2024
The price specified in the terms of the derivative (if any):
(b) 8.00 cents per share on
the exercise of each warrant
(b) 9.00 cents per share on
the exercise of each warrant
Any other details needed to understand how the amount of
the consideration payable under the derivative or the value
of the derivative is affected by the value of the underlying
financial products:
N/A
Ongoing Disclosure Notice
Disclosure of Directors and Senior Managers Relevant Interests
Sections 297(1) and 298(1), Financial Markets Conduct Act 2013

For that derivative,-
Parties to the derivative: Brent Douglas King
If the director or senior manager is not a party to the
derivative, the nature of the relevant interest in the
derivative:
N/A
Details of transactions giving rise to acquisition or disposal
Total number of transactions to which notice relates:
2 Transactions: (a) Issue of
June 2023 Warrants and (b)
Issue of June 2024 Warrants.
Details of transactions requiring disclosure-
Date of transaction:27/09/2021
Nature of transaction:
Brent King in his capacity as a
senior manager of General
Capital Limited was issued:
(a) 4,250,000 June 2023
Warrants.
(b) 4,250,000 June 2024
Warrants.
Name of any other party or parties to the transaction (if
known):N/A
The consideration, expressed in New Zealand dollars, paid
or received for the acquisition or disposal. If the
consideration was not in cash and cannot be readily by
converted into a cash value, describe the consideration:
No Consideration
Number of financial products to which the transaction
related:
(a) 4,250,000
(b) 4,250,000
Whether relevant interests were acquired or disposed of
during a closed period:
N/A - Issue of Warrants
approved by the Board in
accordance with shareholder
resolution dated 3/09/21.
Whether prior written clearance was provided to allow the
acquisition or disposal to proceed during the closed period:
N/A
Date of the prior written clearance (if any):N/A
Summary of other relevant interests after acquisition or disposal:
1
Class of quoted financial products:
Ordinary SharesOrdinary Shares
Nature of relevant interest:
Registered owner and
beneficial owner
Brent King as sole director of
Barter Investments Limited
has the power to exercise the
rights (including voting rights)
of the General Capital Limited
Ordinary Shares held by
Barter Investments Limited.
For that relevant interest,-
Number held in class:
21,948,650 3,562,470
Current registered holder(s):
Brent Douglas King
Barter Investments Limited
2
Class of quoted financial products:
GENWB Warrants
Nature of relevant interest:
Registered owner and
beneficial owner
For that relevant interest,-
Number held in class:
53,897,300
If the issuer has a financial products trading policy that prohibits directors or senior managers from trading during any period
without written clearance (a closed period) include the following details—

Current registered holder(s):
Brent Douglas King
The notional value of the derivative (if any) or the notional
amount of underlying financial products (if any):
53,897,300 GENWB warrants
(conversion ratio of one
ordinary share for every one
warrant held if exercised)
A statement as to whether the derivative is cash settled or
physically settled:
Cash Settled
Maturity date of the derivative (if any):
Last exercise date of
30/11/2021
Expiry date of the derivative (if any):
Last exercise date of
30/11/2021
The price's specified terms (if any):
9.00 cents per share on the
exercise of each warrant
Any other details needed to understand how the amount of
the consideration payable under the derivative or the value
of the derivative is affected by the value of the underlying
financial products:
N/A
For that derivative relevant interest,-
Parties to the derivative: Brent Douglas King
If the director or senior manager is not a party to the
derivative, the nature of the relevant interest in the
derivative:
N/A
Certification
I, certify that, to the best of my knowledge and belief, the
information contained in this disclosure is correct and that I
am duly authorised to make this disclosure by all persons
for whom it is made.
Signature of director or officer:
Date of signature:28/09/2021
or
Signature of person authorised to sign on behalf of director
or officer:
Date of signature:
Name and title of authorised person:

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Ongoing Disclosure Notice
Disclosure of Directors and Senior Managers Relevant Interests
Sections 297(1) and 298(1), Financial Markets Conduct Act 2013
To NZX Limited; and
Name of listed issuer:
General Capital Limited
Date this disclosure made:
28/09/2021
Date of last disclosure:
3/10/2019
Director or senior manager giving disclosure
Full name(s):
Graeme Iain Brown
Name of listed issuer:
General Capital Limited
Name of related body corporate (if applicable):
N/A
Position held in listed issuer:
Director
Summary of acquisition or disposal of relevant interest (excluding specified derivatives)
Class of affected quoted financial products:
Ordinary Shares
Nature of the affected relevant interest(s):
Relevant interest in ordinary shares in General Capital Limited
held and beneficially owned by Belian Holdings Limited.
Graeme Iain Brown has a relevant interest in the ordinary
shares beneficially owned by Belian Holdings Limited by virtue
of holding and having the power to exercise the right to vote
attaching to, and the power to dispose of, 20% or more of the
voting products of Belian Holdings Limited.
For that relevant interest-
Number held in class before acquisition or disposal:
12,377,869
Number held in class after acquisition or disposal:
96,981 (including relevant interest in 96,981 calculated in
accordance with s275 of FMCA in relation to holding of
18,755,738 GENWB:NZX Warrants).
Current registered holder(s):
Belian Holdings Limited
Registered holder(s) once transfers are registered:
Belian Holdings Limited
Summary of acquisition or disposal of specified derivatives relevant interest (if applicable)
Type of affected derivative:
Class of underlying financial products:
Details of affected derivative-
The notional value of the derivative (if any) or the notional amount of underlying financial
products (if any):
A statement as to whether the derivative is cash settled or physically settled:
Maturity date of the derivative (if any):
Expiry date of the derivative(if any):
The price specified in the terms of the derivative (if any):
Any other details needed to understand how the amount of the consideration payable under
the derivative or the value of the derivative is affected by the value of the underlying financial
products:
For that derivative,-
Parties to the derivative:
If the director or senior manager is not a party to the derivative, the nature of the relevant
interest in the derivative:
Details of transactions giving rise to acquisition or disposal
Total number of transactions to which notice relates: 1
Details of transactions requiring disclosure-
Date of transaction:27/09/2021
Nature of transaction: Off-market sale of ordinary shares.
Name of any other party or parties to the transaction (if known):Borneo Capital Limited.
The consideration, expressed in New Zealand dollars, paid or received for the acquisition or
disposal. If the consideration was not in cash and cannot be readily by converted into a cash
value, describe the consideration:$742,672.14 (6.0 cents per share)
Number of financial products to which the transaction related: 12,377,869
If the issuer has a financial products trading policy that prohibits directors or senior managers
from trading during any period without written clearance (a closed period) include the following
details—

Whether relevant interests were acquired or disposed of during a closed period:Yes
Whether prior written clearance was provided to allow the acquisition or disposal to proceed
during the closed period:
Yes
Date of the prior written clearance (if any):
27/09/2021
Summary of other relevant interests after acquisition or disposal:
Class of quoted financial products:GENWB Warrants
Nature of relevant interest:
Relevant interest in GENWB Warrants held and beneficially
owned by Belian Holdings Limited. Graeme Iain Brown has a
relevant interest in the GENWB Warrants beneficially owned
by Belian Holdings Limited by virtue of holding and having the
power to exercise the right to vote attaching to, and the power
to dispose of, 20% or more of the voting products of Belian
Holdings Limited.
For that relevant interest,-
Number held in class:18,755,738
Current registered holder(s):Belian Holdings Limited
For a derivative relevant interest,-
Type of derivative:GENWB Warrants
Details of derivative,-
The notional value of the derivative (if any) or the notional amount of underlying financial
products (if any):
18,755,738 GENWB warrants (conversion ratio of one ordinary
share for every one warrant held if exercised)
A statement as to whether the derivative is cash settled or physically settled:Cash Settled
Maturity date of the derivative (if any):Last exercise date of 30/11/2021
Expiry date of the derivative (if any):Last exercise date of 30/11/2021
The price's specified terms (if any):9.00 cents per share on the exercise of each warrant
Any other details needed to understand how the amount of the consideration payable under
the derivative or the value of the derivative is affected by the value of the underlying financial
products:
N/A
For that derivative relevant interest,-
Parties to the derivative:
Belian Holdings Limited
If the director or senior manager is not a party to the derivative, the nature of the relevant
interest in the derivative:
Relevant interest in 18,155,738 GENWB warrants issued to,
held and beneficially owned by Belian Holdings Limited.
Graeme Iain Brown has a relevant interest in the warrants
beneficially owned by Belian Holdings Limited by virtue of
holding and having the power to exercise the right to vote
attaching to, and the power to dispose of, 20% or more of the
voting products of Belian Holdings Limited.
Beneficial interest in 600,000 GENWB warrants issued to and
held by Belian Holdings Limited as bare trustee for Graeme
Iain Brown
Certification
I, certify that, to the best of my knowledge and belief, the information contained in this
disclosure is correct and that I am duly authorised to make this disclosure by all persons for
whom it is made.
Signature of director or officer:
Date of signature:
28/09/2021
or
Signature of person authorised to sign on behalf of director or officer:
Date of signature:
Name and title of authorised person:

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Ongoing Disclosure Notice
Disclosure of Directors and Senior Managers Relevant Interests
Sections 297(1) and 298(1), Financial Markets Conduct Act 2013
To NZX Limited; and
Name of listed issuer:
General Capital Limited
Date this disclosure made:
28/09/2021
Date of last disclosure:
3/10/2019
Director or senior manager giving disclosure
Full name(s):
Jonathan Clark
Name of listed issuer:
General Capital Limited
Name of related body corporate (if applicable):
N/A
Position held in listed issuer:
Chief Financial Officer / Company Secretary
Summary of acquisition or disposal of relevant interest (excluding specified derivatives)
Class of affected quoted financial products:
Nature of the affected relevant interest(s):
For that relevant interest-
Number held in class before acquisition or disposal:
Number held in class after acquisition or disposal:
Current registered holder(s):
Registered holder(s) once transfers are registered:
Summary of acquisition or disposal of specified derivatives relevant interest (if applicable)
Type of affected derivative:
(a) June 2023 Warrants
(b) June 2024 Warrants
Class of underlying financial products:
Ordinary Shares
Details of affected derivative-
The notional value of the derivative (if any) or the notional amount of underlying financial
products (if any):
(a) 4,250,000 June 2023 Warrants
(b) 4,250,000 June 2024 Warrants
(conversion ratio of one ordinary share for every one warrant held if exercised)
A statement as to whether the derivative is cash settled or physically settled:Cash Settled
Maturity date of the derivative (if any):
(a) Last exercise date of 30/06/2023
(b)Last exercise date of 30/06/2024
Expiry date of the derivative(if any):
(a) Last exercise date of 30/06/2023
(b)Last exercise date of 30/06/2024
The price specified in the terms of the derivative (if any):
(b) 8.00 cents per share on the exercise of each warrant
(b) 9.00 cents per share on the exercise of each warrant
Any other details needed to understand how the amount of the consideration payable
under the derivative or the value of the derivative is affected by the value of the
underlying financial products:
N/A
For that derivative,-
Parties to the derivative:
Jonathan Clark
If the director or senior manager is not a party to the derivative, the nature of the
relevant interest in the derivative:
N/A
Details of transactions giving rise to acquisition or disposal
Total number of transactions to which notice relates:
2 Transactions: (a) Issue of June 2023 Warrants and (b) Issue of June 2024 Warrants.
Details of transactions requiring disclosure-
Date of transaction:
27/09/2021
Nature of transaction:
Jonathan Clark in his capacity as a senior manager of General Capital Limited was
issued:
(a) 4,250,000 June 2023 Warrants.
(b) 4,250,000 June 2024 Warrants.
Name of any other party or parties to the transaction (if known):
N/A
The consideration, expressed in New Zealand dollars, paid or received for the
acquisition or disposal. If the consideration was not in cash and cannot be readily by
converted into a cash value, describe the consideration:
No Consideration
Number of financial products to which the transaction related:
(a) 4,250,000
(b) 4,250,000
If the issuer has a financial products trading policy that prohibits directors or senior
managers from trading during any period without written clearance (a closed period)
include the following details—
Whether relevant interests were acquired or disposed of during a closed period:
N/A - Issue of Warrants approved by the Board in accordance with shareholder
resolution dated 3/09/21.
Whether prior written clearance was provided to allow the acquisition or disposal to
proceed during the closed period:
N/A
Date of the prior written clearance (if any):N/A

Summary of other relevant interests after acquisition or disposal:
1
Class of quoted financial products:Ordinary Shares
Nature of relevant interest:
Registered owner and beneficial owner
For that relevant interest,-
Number held in class:181,265
Current registered holder(s):Jonathan Clark
2
Class of quoted financial products:GENWB Warrants
Nature of relevant interest:
Registered owner and beneficial owner
For that relevant interest,-
Number held in class:6,505,232
Current registered holder(s):Jonathan Clark
The notional value of the derivative (if any) or the notional amount of underlying financial
products (if any):
6,505,232 GENWB warrants (conversion ratio of one ordinary share for every one
warrant held if exercised)
A statement as to whether the derivative is cash settled or physically settled:Cash Settled
Maturity date of the derivative (if any):Last exercise date of 30/11/2021
Expiry date of the derivative (if any):Last exercise date of 30/11/2021
The price's specified terms (if any):9.00 cents per share on the exercise of each warrant
Any other details needed to understand how the amount of the consideration payable
under the derivative or the value of the derivative is affected by the value of the
underlying financial products:
N/A
For that derivative relevant interest,-
Parties to the derivative:
Jonathan Clark
If the director or senior manager is not a party to the derivative, the nature of the
relevant interest in the derivative:
N/A
Certification
I, certify that, to the best of my knowledge and belief, the information contained in this
disclosure is correct and that I am duly authorised to make this disclosure by all persons
for whom it is made.
Signature of director or officer:
Date of signature:
28/09/2021
or
Signature of person authorised to sign on behalf of director or officer:
Date of signature:
Name and title of authorised person: