Vector Limited/Announcement
Vector Limited logo

Notification of issue of bonds

Debt Issuance25 November 2021VCTUtilities

Capital Change Notice




Section 1: Issuer information

Name of issuer Vector Limited

NZX ticker code VCT

Class of financial product Unsecured, unsubordinated,

fixed rate, six year bonds

ISIN (If unknown, check on NZX website) NZVCTDT013C8

Currency New Zealand Dollars ($)

Section 2: Capital change details

Number issued/acquired/redeemed 225,000,000 unsecured,

unsubordinated, fixed rate, six

year bonds

Nominal value (if any) $1.00

Issue/acquisition/redemption price per security $1.00 per bond

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)

100%

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)

Not applicable

Reason for issue/acquisition/redemption and specific

authority for issue/acquisition/redemption/ (the reason for

change must be identified here)

Allotment under Final Terms

Sheet dated 18 November 2021

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.

225,000,000

In the case of an acquisition of shares, whether those shares

are to be held as treasury stock

Not applicable

Specific authority for the issue, acquisition, or redemption,

including a reference to the rule pursuant to which the issue,

acquisition, or redemption is made

Board resolutions dated 3

November 2021

Terms or details of the issue, acquisition, or redemption (for
example: restrictions, escrow arrangements)

The issued unsecured,

unsubordinated, fixed rate, six

year bonds rank equally with

existing unsecured,

unsubordinated, fixed rate bonds

already quoted on the Debt

Market of NZX Limited under the

ticker code “VCT090”.


As set out in the Final Terms

Sheet dated 18 November 2021.

Date of issue/acquisition/redemption 26 November 2021

Section 3: Authority for this announcement and contact person

Name of person


authorised to make this announcement Jason Hollingworth

Contact person for this announcement Jason Hollingworth

Contact phone number 021 312 928

Contact email address Jason.hollingworth@vector.co.nz

Date of release through MAP


26 November 2021

Data sourced from publicly available filings. Our datasets may not be complete. Automated analysis can produce errors. If you believe any data on this page is incorrect, please contact us at hello@nzxplorer.co.nz. For informational purposes only. Not investment advice.