Notice of Allotment of Securities

Capital Change Notice





Section 1: Issuer information
Name of issuer Summerset Group Holdings Limited
NZX ticker code SUM
Class of financial product Ordinary Shares
ISIN (If unknown, check on NZX website) NZSUME0001S0
Currency NZD
Section 2: Capital change details
Number issued 37,367 Ordinary Shares
Nominal value (if any) N/A
Issue price per security Ordinary Shares were issued upon
exercise of options in accordance
with the terms of Summerset’s LTI
Share Option Plan. The final
exercise price was as follows:
• 40,348 options with an exercise
price of $5.9860 per option;
• 4,158 options with an exercise
price of $7.3574 per option;
• 37,500 options with an exercise
price of $5.8912 per option
Nature of the payment (for example, cash or other
consideration)
Cash net settlement
Amount paid up (if not in full) Fully paid
Percentage of total class of Financial Products issued
(calculated on the number of Financial Products of the
Class, excluding any Treasury Stock, in existence)
1

0.01615774%
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 and specific authority for issue (the
reason for change must be identified here)
Issue of Ordinary Shares upon
exercise of options under
Summerset’s LTI Share Option Plan
Total number of Financial Products of the Class after the
issue (excluding Treasury Stock) and the total number of
231,301,173 Ordinary Shares (nil
held as treasury stock)
1,694,272 options remain on issue

1
The percentage is to be calculated immediately before the issue, acquisition, redemption or Conversion

Financial Products of the Class held as Treasury Stock
after the issue.
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 including a reference to
the rule pursuant to which the issue is made
Directors’ resolutions in relation to
option issue and issue of Ordinary
Shares on conversion of the options.
Permitted under listing rule 4.6.
Terms or details of the issue Issue of 37,367 Ordinary Shares by
net settlement upon exercise of
82,006 options pursuant to the terms
of Summerset’s LTI Share Option
Plan.

Ordinary Shares issued rank equally
with all other Ordinary Shares on
issue.
Date of issue 31 August 2022
Section 3: Authority for this announcement and contact person
Name of person

authorised to make this announcement Robyn Heyman
Contact person for this announcement Robyn Heyman
Contact phone number 027 506 5562
Contact email address robyn.heyman@summerset.co.nz
Date of release through MAP

1 September 2022