Notification of issue of shares

Capital Change Notice

Updated as at 17 October 2019


Section 1: Issuer information
Name of issuer Solution Dynamics Limited
NZX ticker code SDL
Class of financial product Ordinary Shares
ISIN (If unknown, check on NZX website) NZSDLE0001S8
Currency NZD
Section 2: Capital change details
Number issued 15,000 Ordinary Shares
Nominal value (if any) N/A
Issue price per security $1.70
Nature of the payment (for example, cash or other
consideration)
Cash
Amount paid up (if not in full) $25,500.00
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

0.10245902% of the total
number of Ordinary Shares on
issue at the date of this notice

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
Reason for issue and specific authority for issue (the reason
for change must be identified here)
Exercise by employee of share
options issued by resolution of
the Board dated 14 December
2018.
Total number of Financial Products of the Class after the issue
(excluding Treasury Stock)
14,654,810
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
Issue of shares under SDL's
Employee Share Option Plan
approved by resolution of the
Board dated 14 December
2018 and NZX Listing Rule
4.6.1.

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)
All Ordinary Shares issued
upon exercise of options rank
equally with the existing
Ordinary Shares on issue
Date of issue/acquisition/redemption
2
15 March 2022
Section 3: Authority for this announcement and contact person
Name of person

authorised to make this announcement
Christopher John Veale,
Company Secretary
Contact person for this announcement Christopher John Veale
Contact phone number +64 21 855142
Contact email address chrisve@solutiondynamics.com
Date of release through MAP

15 March 2022




2
Continuous issuers using this form in reliance on Rule 3.13.2, please indicate the period during which the relevant
issue/acquisition/redemptions were made (for example, 1 January 2019 to 31 January 2019).