Capital Change Notice Relating to DRP

Capital Change Notice Relating to DRP
1 April 2022
Mercury NZ Limited provides the attached Capital Change Notice pursuant to NZX listing rule 3.13.1. This Notice relates to the
re-issue of 19,543,381 ordinary shares from treasury stock under Mercury’s Dividend Reinvestment Plan (DRP), announced 22
February 2022, in respect of the FY2022 interim dividend.

ENDS
Howard Thomas
General Counsel and Company Secretary
Mercury NZ Limited
For investor relations queries, please contact:
William Meek
Chief Financial Officer
0275 173 470
For media queries, please contact:
Shannon Goldstone
Head of Communications
Media phone: 027 210 5337

ABOUT MERCURY NZ LIMITED
Mercury’s mission is energy freedom. Our purpose is to inspire New Zealanders to enjoy energy in more wonderful ways and
our goal is to be New Zealand’s leading energy brand. We focus on our customers, our people, our partners and our country;
maintain a long-term view of sustainability; and promote wonderful choices. Mercury is energy made wonderful. Visit us at:
www.mercury.co.nz

STOCK EXCHANGE LISTINGS: NEW ZEALAND (MCY) / AUSTRALIA (MCY)

NEWS RELEASE

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Capital Change Notice




Section 1: Issuer information
Name of issuer Mercury NZ Limited
NZX ticker code MCY
Class of financial product Ordinary Shares
ISIN (If unknown, check on NZX website) NZMRPE0001S2
Currency NZD
Section 2: Capital change details
Number issued/acquired/redeemed 19,543,381 ordinary shares
(from treasury stock)
Nominal value (if any) Not applicable
Issue/acquisition/redemption price per security $5.5730
Nature of the payment (for example, cash or other
consideration)
Cash, including reinvestment
of dividend proceeds pursuant
to the Dividend Reinvestment
Plan
Amount paid up (if not in full) Fully paid ordinary shares
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)
1.43%
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)
Transfer from treasury stock to
existing shareholders of
2,805,568 shares pursuant to
the terms of the Dividend
Reinvestment Plan in respect
of the FY2022 interim ordinary
dividend payable on 1 April
2022 and transfer from
treasury stock of 16,737,813
shares pursuant to the
underwriting agreement with
Craigs Investment Partners
Limited.
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.
1,381,844,314 ordinary shares

18,168,203 treasury stock

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
Directors’ resolution dated 28
March 2022 pursuant to NZX
Listing Rule 4.8.1.
Terms or details of the issue, acquisition, or redemption (for
example: restrictions, escrow arrangements)
The shares transferred are
quoted ordinary shares ranking
equally with the existing
ordinary shares on issue of
MCY
Date of issue/acquisition/redemption 1 April 2022
Section 3: Authority for this announcement and contact person
Name of person

authorised to make this announcement
Howard Thomas, Company
Secretary
Contact person for this announcement Howard Thomas
Contact phone number 09 308 8720
Contact email address
Howard.Thomas@mercury.co.nz

Date of release through MAP

1 April 2022