Notice of Allotment of Securities

Capital Change Notice





Section 1: Issuer information
Name of issuer Summerset Group Holdings Limited
NZX ticker code SUM
Class of financial product Ordinary Shares
ISIN (If unknown, check on NZX website) NZSUME0001S0
Currency NZD
Section 2: Capital change details
Number issued 193,125 Ordinary Shares
Nominal value (if any) N/A
Issue price per security Ordinary Shares were issued upon
exercise of options in accordance
with the terms of Summerset’s LTI
Share Option Plan. The final
exercise price was as follows:
• 4,710 options with an exercise
price of $6.026 per option;
• 5,354 options with an exercise
price of $7.397 per option;
• 10,344 options with an exercise
price of $5.964 per option
• 10,594 options with an exercise
price of $7.360 per option
• 226,644 options with an exercise
price of $6.044 per option
• 173,930 options with an exercise
price of $7.415 per option
Nature of the payment (for example, cash or other
consideration)
Cash net settlement
Amount paid up (if not in full) Fully paid
Percentage of total class of Financial Products issued
(calculated on the number of Financial Products of the
Class, excluding any Treasury Stock, in existence)
1

0.08388884%
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

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

Reason for issue and specific authority for issue (the
reason for change must be identified here)
Issue of Ordinary Shares upon
exercise of options under
Summerset’s LTI Share Option Plan
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.
230,408,491 Ordinary Shares (nil
held as treasury stock)
1,855,614 options remain on issue
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 including a reference to
the rule pursuant to which the issue is made
Directors’ resolutions dated 10
December 2018 and 6 December
2019 in relation to option issue and
issue of Ordinary Shares on
conversion of the options. Permitted
under listing rule 4.6.
Terms or details of the issue Issue of 193,125 Ordinary Shares by
net settlement upon exercise of
431,576 options pursuant to the
terms of Summerset’s LTI Share
Option Plan.

Ordinary Shares issued rank equally
with all other Ordinary Shares on
issue.
Date of issue 4 March 2022
Section 3: Authority for this announcement and contact person
Name of person

authorised to make this announcement Robyn Heyman
Contact person for this announcement Robyn Heyman
Contact phone number 027 506 5562
Contact email address robyn.heyman@summerset.co.nz
Date of release through MAP

7 March 2022