Issue of Unlisted Options

Truscreen Group Limited
Capital Change Notice




Section 1: Issuer information
Name of issuer Truscreen Group Limited
NZX ticker code TRU
Class of financial product Unlisted Options TRUOC
ISIN (If unknown, check on NZX website)
Currency NZD
Section 2: Capital change details
Number issued 2,500,000
Nominal value (if any) Not applicable

Issue/acquisition/redemption price per security NZ$0.10 per share
Nature of the payment (for example, cash or other
consideration)
N/A
Amount paid up (if not in full) N/A
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)
1

100% of TRUOC
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)
The options have an expiry
date of 7 September 2024 and
an exercise price of NZ$0.10
per share.
Reason for issue and specific authority for issue Director remuneration and
employee incentive scheme.

Approved by shareholders at
the General Meeting held on 7
September 2021 Resolution 4.
Total number of Financial Products of the Class after the issue
(excluding Treasury Stock) and the total number of Financial
Products of the Class held as Treasury Stock after the issue.
2,500,000 TRUOC on issue.

7,500,000 in this class
(TRUOC) not yet issued.
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
Approved by shareholders at
the General Meeting held on 7
September 2021 Resolution 4.

1
The percentage is to be calculated immediately before the issue, acquisition, redemption or Conversion.

Terms or details of the issue, acquisition, or redemption (for
example: restrictions, escrow arrangements)
On exercise of the options the
new shares will rank equally
with all other fully paid shares
on issue
Date of issue 29 December 2021
Section 3: Authority for this announcement and contact person
Name of person

authorised to make this announcement Guy Robertson
Contact person for this announcement Guy Robertson
Contact phone number +61 407983270
Contact email address guyrobertson@truscreen.com
Date of release through MAP

29 December 2021