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Sale of GrabOne – Satisfaction of Finance Condition

M&A22 October 2021NZMCommunication Services

MARKET ANNOUNCEMENT




22 October 2021




Sale of GrabOne – Satisfaction of Finance Condition

AUCKLAND, 22 October 2021: NZME Limited (NZX: NZM, ASX: NZM) (“NZME”) is pleased

to confirm that the purchaser has confirmed satisfaction of the finance condition under the Sale

and Purchase Agreement with Global Marketplace New Zealand Limited (“GMP”). The

transaction remains subject to a no material adverse change condition through to completion.

Completion is expected to occur on 29 October 2021.



ENDS


Authorised by Michael Boggs, CEO.


For further information:

David Mackrell

Chief Financial Officer

T: +64 21 311 911

Email: david.mackrell@nzme.co.nz

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