DRP Share Price and updated ASX Appendix 3A.1 Form

Spark New Zealand Limited
Spark City, 167 Victoria Street West, Private Bag 92028, Auckland, New Zealand


MARKET RELEASE
31 March 2022

Dividend Reinvestment Plan Share Price and updated ASX
Appendix 3A.1 Form
The price for each share to be issued through the Dividend Reinvestment Plan (DRP)
for the H1 FY22 dividend to be paid in respect of the period ended 31 December
2021 is NZ$4.6339 (DRP Price).

The DRP Price has been determined in accordance with the rules of the DRP. For the
H1 FY22 dividend, the DRP Price was calculated using a volume weighted average
price, over the five trading days during the period from 24 March 2022 to 30 March
2022 inclusive.

Shares are expected to be issued to participants in the DRP on 8 April 2022.

Further details regarding the full year dividend and DRP, including the AUD
equivalent to the total dividend/distribution amount per security, and the
corresponding FX rate, can be found in the updated ASX Appendix 3A.1 form
(Notification of Dividend/Distribution).

Authorised by:
Alastair White
GM Capital Markets

- ENDS –
For media queries, please contact:
Ellie Cross
Corporate Relations Lead Partner
+64 (0) 22 630 0665

For investor relations queries, please contact:
Chante Mueller
Head of Investor Relations
+64 (0) 27 469 3062

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Update Summary
Entity name
SPARK NEW ZEALAND LIMITED
Security on which the Distribution will be paid
SPK - ORDINARY FULLY PAID FOREIGN EXEMPT NZX
Announcement Type
Update to previous announcement
Date of this announcement
31/3/2022
Reason for the Update
Confirmation of AUD rate and DRP price
Refer to below for full details of the announcement

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Announcement Details
Part 1 - Entity and announcement details
1.1 Name of +Entity
SPARK NEW ZEALAND LIMITED
1.2 Registered Number Type
ARBN
Registration Number
050611277
1.3 ASX issuer code
SPK
1.4 The announcement is
1.4a Reason for update to a previous announcement
Confirmation of AUD rate and DRP price
1.4b Date of previous announcement(s) to this update
23/2/2022
1.5 Date of this announcement
31/3/2022
1.6 ASX +Security Code
SPK
ASX +Security Description
ORDINARY FULLY PAID FOREIGN EXEMPT NZX
Part 2A - All dividends/distributions basic details
2A.1 Type of dividend/distribution
2A.2 The Dividend/distribution:
relates to a period of six months
2A.3 The dividend/distribution relates to the financial reporting or payment period ending ended/ending (date)
31/12/2021
2A.4 +Record Date
Ordinary
Update/amendment to previous announcement

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2A.4 +Record Date
25/3/2022
2A.5 Ex Date
24/3/2022
2A.6 Payment Date
8/4/2022
2A.7 Are any of the below approvals required for the dividend/distribution before business day 0 of the timetable?
Security holder approval
Court approval
Lodgement of court order with +ASIC
ACCC approval
FIRB approval
Another approval/condition external to the entity required before business day 0 of the timetable for the
dividend/distribution.
2A.8 Currency in which the dividend/distribution is made ("primary currency")
NZD - New Zealand Dollar
2A.9 Total dividend/distribution payment amount per
+security (in primary currency) for all
dividends/distributions notified in this form
NZD 0.14705882
2A.9a AUD equivalent to total dividend/distribution
amount per +security
AUD 0.13657353
2A.9b If AUD equivalent not known, date for information
to be released
31/3/2022
Estimated or Actual?
2A.9c FX rate (in format AUD 1.00 / primary currency
rate): AUD
AUD 1.00
FX rate (in format AUD rate/primary currency rate)
Primary Currency rate
NZD 1.07677399
2A.10 Does the entity have arrangements relating to the
currency in which the dividend/distribution is paid to
securityholders that it wishes to disclose to the market?
2A.11 Does the entity have a securities plan for
dividends/distributions on this +security?
2A.11a If the +entity has a DRP, is the DRP applicable to
this dividend/distribution?
2A.11a(i) DRP Status in respect of this
dividend/distribution
Full DRP
2A.12 Does the +entity have tax component information
apart from franking?
2A.13 Withholding tax rate applicable to the dividend/distribution (%)
No
Yes
We have a Dividend/Distribution Reinvestment Plan (DRP)
No
Actual
No

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2A.13 Withholding tax rate applicable to the dividend/distribution (%)
15.000000 %
Part 3A - Ordinary dividend/distribution
3A.1 Is the ordinary dividend/distribution estimated at
this time?
3A.1a Ordinary dividend/distribution estimated amount
per +security
NZD
3A.1b Ordinary Dividend/distribution amount per
security
NZD 0.12500000
3A.2 Is the ordinary dividend/distribution franked?
3A.3 Percentage of ordinary dividend/distribution that is
franked
0.0000 %
3A.4 Ordinary dividend/distribution franked amount per
+security
NZD 0.00000000
3A.5 Percentage amount of dividend which is unfranked
100.0000 %
3A.6 Ordinary dividend/distribution unfranked amount
per +security excluding conduit foreign income amount
NZD 0.12500000
Part 3F - NZD declared dividends/distributions - supplementary dividend/distribution
3F.1 Is a supplementary dividend/distribution payable?
3F.2 Is the supplementary dividend/distribution
estimated at this time?
3F.2a Supplementary dividend/distribution estimated
amount per +security
NZD
3F.2b Supplementary dividend/distribution amount per +security
NZD 0.02205882
3F.3 Is the Supplementary dividend/distribution franked?
3F.4 Percentage of Supplementary dividend/distribution
that is franked
0.0000 %
3F.4a Applicable corporate tax rate for franking credit
(%)
%
3F.5 Supplementary dividend/distribution franked
amount per +security
3F.6 Percentage of Supplementary dividend/distribution
that is unfranked
No
No
Yes
No
No

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amount per +security
NZD 0.00000000
that is unfranked
100.0000 %
3F.7 Supplementary dividend/distribution unfranked amount per security
NZD 0.02205882
Part 4A - +Dividend reinvestment plan (DRP)
4A.1 What is the default option if +security holders do not indicate whether they want to participate in the DRP?
4A.2 Last date and time for lodgement of election
notices to share registry under DRP
Monday March 28, 2022 15:00:00
4A.3 DRP discount rate
0.0000 %
4A.4 Period of calculation of reinvestment price
Start Date
24/3/2022
End Date
30/3/2022
4A.5 DRP price calculation methodology
The price is calculated as the volume weighted average sale price (expressed in cents and decimals of cents) for a Share,
calculated on all price setting trades of Shares which took place through the NZX Main Board over a period of five
Business Days commencing on 24 March 2022 in accordance with the DRP Terms and Conditions.
4A.6 DRP Price (including any discount):
NZD 4.63390
4A.7 DRP +securities +issue date
8/4/2022
4A.8 Will DRP +securities be a new issue?4A.8a Do DRP +securities rank pari passu from +issue
date?
4A.9 Is there a minimum dollar amount or number of +securities required for DRP participation?
4A.10 Is there a maximum dollar amount or number of +securities required for DRP participation?
4A.11 Are there any other conditions applying to DRP participation?
4A.11a Conditions for DRP participation
Spark New Zealand may, in its absolute discretion, elect not to offer participation under the Plan to Shareholders whose
address is outside New Zealand or Australia.
The full terms and conditions of the DRP as determined by the Spark New Zealand Board are set out in the DRP Offer
Document at investors.sparknz.co.nz
4A.12 Link to a copy of the DRP plan rules
investors.sparknz.co.nz
Yes
No
No
Yes
Yes
Do not participate in DRP (i.e. cash payment)

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4A.13 Further information about the DRP
N/A
Part 5 - Further information
5.1 Please provide any further information applicable to this dividend/distribution
Q2A.13 Provided the individual meets the requirements to apply the double tax treaty between NZ and Australia the
non-resident withholding tax rate would be 15%. The share registrar calculates the non-resident withholding tax for
individual shareholders.
5.2 Additional information for inclusion in the Announcement Summary