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Notice of On-market Share Buyback

Share Buyback4 August 2022IPLReal Estate

Capital Change Notice

Updated as at 17 October 2019


Acquisition of Ordinary Shares


This notice is given under NZX Listing Rule 3.13.1 and 65(2) of the Companies Act 1993, and relates to the acquisition

of ordinary shares in Investore Property Limited under the on-market share buy-back programme announced by

Investore Property Limited on 11 July 2022.


Section 1: Issuer information

Name of issuer Investore Property Limited

NZX ticker code IPL

Class of financial product Ordinary shares

ISIN (If unknown, check on NZX website) NZIPLE0001S3

Section 2: Capital change details

Number acquired 7,458

Nominal value (if any) N/A

Acquisition price per security NZD $1.6967 (average) in

respect of 7,458 ordinary

shares acquired on NZX

Nature of the payment Cash

Amount paid up (if not in full) Paid in full

Percentage of total class of Financial Products acquired

(calculated on the number of Financial Products of the Class,

excluding any Treasury Stock, in existence)

0.0020%

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 acquisition and specific authority for acquisition Acquisition under Board

approved buyback programme

announced on 11 July 2022

Total number of Financial Products of the Class after the

acquisition (excluding Treasury Stock) and the total number of

Financial Products of the Class held as Treasury Stock after

the acquisition.

367,747,711 ordinary shares

None held as treasury stock

In the case of an acquisition of shares, whether those shares

are to be held as treasury stock

No

Specific authority for the acquisition including a reference to

the rule pursuant to which the issue, acquisition, or redemption

is made

Board resolution dated 11 July

2022

NZX Listing Rule 4.14.1(a)

Terms or details of the acquisition Shares acquired will be

cancelled



Date of issue/acquisition/redemption

1

04/08/2022

Section 3: Authority for this announcement and contact person

Name of person


authorised to make this announcement Louise Hill

Contact person for this announcement Louise Hill

Contact phone number 027 558 0033

Contact email address louise.hill@strideproperty.co.nz

Date of release through MAP


05/08/22





1

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).

Data sourced from publicly available filings. Our datasets may not be complete. Automated analysis can produce errors. If you believe any data on this page is incorrect, please contact us at hello@nzxplorer.co.nz. For informational purposes only. Not investment advice.

Other issuers discussed similar conditions around this time

Matched by meaning across NZX announcement text, not keywords — based on our semantic index of announcement bodies.

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