Update – Proposed issue of securities – ANZ

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Update Summary
Entity name
AUSTRALIA AND NEW ZEALAND BANKING GROUP LIMITED
Announcement Type
Update to previous announcement
Date of this announcement
18/7/2022
Reason for update to a previous announcement
To confirm that the dispatch of offer documents to retail security holders entitled to participate in the pro rata issue will be
completed by 28 July 2022. See 3D.11 and 3F.7.
Refer to next page for full details of the announcement

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Part 1 - Entity and announcement details
1.1 Name of +Entity
AUSTRALIA AND NEW ZEALAND BANKING GROUP LIMITED
We (the entity named above) give ASX the following information about a proposed issue of +securities and, if ASX agrees
to +quote any of the +securities (including any rights) on a +deferred settlement basis, we agree to the matters set out in
Appendix 3B of the ASX Listing Rules.
If the +securities are being offered under a +disclosure document or +PDS and are intended to be quoted on ASX, we also
apply for quotation of all of the +securities that may be issued under the +disclosure document or +PDS on the terms set
out in Appendix 2A of the ASX Listing Rules (on the understanding that once the final number of +securities issued under
the +disclosure document or +PDS is known, in accordance with Listing Rule 3.10.3C, we will complete and lodge with ASX
an Appendix 2A online form notifying ASX of their issue and applying for their quotation).
1.2 Registered Number Type
ABN
Registration Number
11005357522
1.3 ASX issuer code
ANZ
1.4 The announcement is
1.4a Reason for update to a previous announcement
To confirm that the dispatch of offer documents to retail security holders entitled to participate in the pro rata issue will be
completed by 28 July 2022. See 3D.11 and 3F.7.
1.4b Date of previous announcement to this update
18/7/2022
1.5 Date of this announcement
18/7/2022
1.6 The Proposed issue is:
1.6b The proposed accelerated offer is
Accelerated renounceable entitlement offer with retail rights trading (commonly known as a PAITREO)
An accelerated offer
Update/amendment to previous announcement

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Part 3 - Details of proposed entitlement offer issue
Part 3A - Conditions
3A.1 Do any external approvals need to be obtained or other conditions satisfied before the entitlement offer can
proceed on an unconditional basis?
Part 3B - Offer details
Class or classes of +securities that will participate in the proposed issue and class or classes of +securities
proposed to be issued
ASX +security code and description
ANZ : ORDINARY FULLY PAID
Is the proposed security a 'New
class' (+securities in a class that is
not yet quoted or recorded by ASX)
or an 'Existing class' (additional
securities in a class that is already
quoted or recorded by ASX)?
Will the proposed issue of this
+security include an offer of
attaching +securities?
If the entity has quoted company
options, do the terms entitle option
holders to participate on exercise?
Details of +securities proposed to be issued
ASX +security code and description
ANZ : ORDINARY FULLY PAID
ISIN Code (if Issuer is a foreign company and +securities are non CDIs)

ISIN Code for the entitlement or right to participate in the offer (if Issuer is
foreign company and +securities are non CDIs)

Offer ratio (ratio to existing holdings at which the proposed +securities will be issued)
Has the offer ratio been determined?
The quantity of additional +securities
to be issued
For a given quantity of +securities
held
Yes
NoNo
Existing class
No

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to be issued
1
held
15
What will be done with fractional
entitlements?

Fractions rounded up to the next
whole number
Maximum number of +securities
proposed to be issued (subject to
rounding)
186,854,521
Offer price details for retail security holders
Has the offer price for the retail offer been determined?
In what currency will the offer be
made?
AUD - Australian Dollar
What is the offer price per +security
for the retail offer?
AUD 18.90000
Offer price details for institutional security holders
Has the offer price for the institutional offer been determined?
In what currency will the offer be
made?

AUD - Australian Dollar
What is the offer price per +security
for the institutional offer?
AUD 18.90000
Oversubscription & Scale back details
Will individual +security holders be permitted to apply for more than their
entitlement (i.e. to over-subscribe)?
Will a scale back be applied if the offer is over-subscribed?
Will these +securities rank equally in all respects from their issue date with
the existing issued +securities in that class?
Part 3D - Timetable
3D.1a First day of trading halt
18/7/2022
Yes
No
No
Yes
Yes

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3D.1b Announcement date of accelerated offer
18/7/2022
3D.3 Trading resumes on an ex-rights basis
21/7/2022
3D.4 Rights trading commences
21/7/2022
3D.5 Date offer will be made to eligible institutional +security holders
18/7/2022
3D.6 Application closing date for institutional +security holders
19/7/2022
3D.7 Institutional offer shortfall book build date
20/7/2022
3D.8 Announcement of results of institutional offer
(The announcement should be made before the resumption of trading following the trading halt)
21/7/2022
3D.9 +Record date
21/7/2022
3D.10a Settlement date of new +securities issued under institutional
entitlement offer
29/7/2022
3D.10b +Issue date for institutional +security holders
1/8/2022
3D.10c Normal trading of new +securities issued under institutional
entitlement offer
1/8/2022
3D.11 Date on which offer documents will be sent to retail +security holders
entitled to participate in the +pro rata issue
28/7/2022
3D.12 Offer closing date for retail +security holders
15/8/2022
3D.13 Last day to extend retail offer close date
10/8/2022
3D.14 Rights trading end date
8/8/2022
3D.15 Trading in new +securities commences on a deferred settlement basis
9/8/2022

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3D.17 Last day to announce results of retail offer, bookbuild for any shortfall
(if applicable)
18/8/2022
3D.18 Entity announces results of bookbuild (including any information
about the bookbuild expected to be disclosed under section 4.12 of
Guidance Note 30)
19/8/2022
3D.19 +Issue date for retail +security holders
24/8/2022
3D.20 Date trading starts on a normal T+2 basis
25/8/2022
3D.21 First settlement of trades conducted on a +deferred settlement basis
and on a normal T+2 basis
29/8/2022
Part 3E - Fees and expenses
3E.1 Will there be a lead manager or broker to the proposed offer?
3E.1a Who is the lead manager/broker?
Macquarie Capital (Australia) Limited
UBS Securities Australia Limited
3E.1b What fee, commission or other consideration is payable to them for acting as lead manager/broker?
Management Fee of 0.25% of the Entitlement Offer proceeds
Discretionary Fee of up to 0.10% of the Entitlement Offer proceeds in aggregate payable at the sole and absolute
discretion of ANZ
3E.2 Is the proposed offer to be underwritten?
3E.2a Who are the underwriter(s)?
Macquarie Capital (Australia) Limited
UBS Securities Australia Limited
3E.2b What is the extent of the underwriting (ie the amount or proportion of the offer that is underwritten)?
100%
3E.2c What fees, commissions or other consideration are payable to them for acting as underwriter(s)?
Underwriting Fee of 1.00% of the Entitlement Offer proceeds
3E.2d Please provide a summary of the significant events that could lead to the underwriting being terminated
See the underwriting risk starting on slide 73 of ANZ's investor presentation lodged on the ASX on 18 July 2022 for a
summary of the underwriting agreement and the significant events that could lead to the underwriting being terminated.
Yes
Yes

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3E.2e Is a party referred to in listing rule 10.11 underwriting or sub-underwriting the proposed offer?
3E.3 Will brokers who lodge acceptances or renunciations on behalf of eligible +security holders be paid a
handling fee or commission?
3E.4 Details of any other material fees or costs to be incurred by the entity in connection with the proposed offer
Typical costs associated with an equity raising process, including legal, accounting, registry and associated administrative
costs.
Part 3F - Further Information
3F.1 The purpose(s) for which the entity intends to use the cash raised by the proposed issue
To pay for the acquisition of an asset
3F.2 Will holdings on different registers or subregisters be aggregated for the purposes of determining
entitlements to the issue?
3F.3 Will the entity be changing its dividend/distribution policy if the proposed issue is successful?
3F.4 Countries in which the entity has +security holders who will not be eligible to participate in the proposed
issue
For retail shareholders, all countries other than Aus and NZ.
For institutional shareholders, all countries other than Aus and those covered by the international selling restrictions in the
investor presentation released by ANZ for the entitlement offer.
3F.5 Will the offer be made to eligible beneficiaries on whose behalf eligible nominees or custodians hold existing
+securities
3F.5a Please provide further details of the offer to eligible beneficiaries
The Retail Entitlement Offer will be made available to nominees and custodians with registered addresses in Australia and
New Zealand who are registered as the holder of ANZ shares as at 7:00pm on 21 July 2022, and who hold ANZ shares on
behalf of underlying beneficial holders (wherever they reside), except to the extent that those underlying beneficial holders
are not eligible retail shareholders.
3F.6 URL on the entity's website where investors can download information about the proposed issue
www.RetailEntitlementOffer.anz.com
3F.7 Any other information the entity wishes to provide about the proposed issue
In relation to 3D.11, offer documents will be dispatched to retail security holders entitled to participate in the pro rata issue
from 26/7/22 and dispatch will be completed by 28/7/22.
3F.8 Will the offer of rights under the rights issue be made under a disclosure document or product disclosure
statement under Chapter 6D or Part 7.9 of the Corporations Act (as applicable)?
Yes
No
No
No
No

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3F.9 Any on-sale of the +securities proposed to be issued within 12 months of their date of issue will comply with
the secondary sale provisions in sections 707(3) and 1012C(6) of the Corporations Act by virtue of:
The publication of a cleansing notice under section 708A(5), 708AA(2)(f), 1012DA(5) or 1012DAA(2)(f)
No