Capital Change Notice

Capital Change Notice





Section 1: Issuer information
Name of issuer
Air New Zealand Limited
NZX ticker code
AIR
Class of financial product
Ordinary shares
ISIN
NZAIRE0001S2
Currency
NZD
Section 2: Capital change details
Number issued/acquired/redeemed 2,245,620,088 ordinary shares
(comprising 1,971,664,126
ordinary shares issued under the
Rights Offer and 273,955,962
ordinary shares issued under the
Shortfall Bookbuild)
Nominal value (if any) N/A
Issue/acquisition/redemption price per security
NZ$0.53 (A$0.49) per ordinary
share issued under the rights offer
NZ$0.81 (A$0.74) per ordinary
share issued under the shortfall
bookbuild
Nature of the payment (for example, cash or other consideration) Cash
Amount paid up (if not in full) Fully paid
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)
200%
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/acquisition/redemption and specific authority for
issue/acquisition/redemption/ (the reason for change must be
identified here)
Issue of shares pursuant to the
offer of AIR ordinary shares
announced on 30 March 2022
(the Offer), authorised by a Board
resolution dated 30 March 2022.
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.
3,368,430,132 ordinary shares
(excluding Treasury Stock)

34,183 ordinary shares held as
Treasury Stock
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, acquisition, or redemption, including
a reference to the rule pursuant to which the issue, acquisition, or
redemption is made
Authorised by a resolution of the
Board dated 30 March 2022. The
Offer is made pursuant to NZX
Listing Rule 4.3.1(a).

Terms or details of the issue, acquisition, or redemption (for
example: restrictions, escrow arrangements)
The shares issued will rank
equally with all other fully paid
ordinary shares in Air New
Zealand Limited.
Date of issue/acquisition/redemption 09/05/22
Section 3: Authority for this announcement and contact person
Name of person

authorised to make this announcement
Jennifer Page
Contact person for this announcement
Jennifer Page
Contact phone number
027 909 0691
Contact email address
jennifer.page@airnz.co.nz
Date of release through MAP

09/05/22