Mercury NZ Limited/Announcement
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Ongoing Disclosure Notice

Insider Disclosure23 September 2022MCYUtilities

Ongoing Disclosure Notice
Disclosure of Directors and Senior Managers Relevant Interests

Sections 297(2) and 298(2), Financial Markets Conduct Act 2013

To NZX Limited; and

Name of listed issuer:

Mercury NZ Limited

Date this disclosure made:

23 September 2022

Date of last disclosure:

20 April 2022

Director or senior manager giving disclosure

Full name(s):

Vincent James Hawksworth

Name of listed issuer:

Mercury NZ Limited

Name of related body corporate (if applicable):

Not applicable

Position held in listed issuer:

Chief Executive

Summary of acquisition or disposal of relevant interest (excluding specified derivatives)

Class of affected quoted financial products: Ordinary Shares (NZX: MCY)

Nature of the affected relevant interest(s):

Power to acquire or dispose of, or to

control the acquisition or disposal of,

and power to exercise, or to control the

exercise of, a right to vote attached to,

ordinary shares as trustee of the

Hawksworth Family Trust

For that relevant interest-

Number held in class before acquisition or disposal:

30,431

Number held in class after acquisition or disposal:

40,431

Current registered holder(s):

Investment Custodial Services Limited

Registered holder(s) once transfers are registered:

Not applicable

Summary of acquisition or disposal of specified derivatives relevant interest (if applicable)

Type of affected derivative:

Not applicable

Class of underlying financial products:

Not applicable

Details of affected derivative-

The notional value of the derivative (if any) or the notional amount of underlying financial

products (if any):

Not applicable

A statement as to whether the derivative is cash settled or physically settled:

Not applicable

Maturity date of the derivative (if any):

Not applicable

Expiry date of the derivative(if any):Not applicable

The price specified in the terms of the derivative (if any):Not applicable

Any other details needed to understand how the amount of the consideration payable

under the derivative or the value of the derivative is affected by the value of the

underlying financial products:

Not applicable

For that derivative,-

Parties to the derivative:

Not applicable

If the director or senior manager is not a party to the derivative, the nature of the relevant

interest in the derivative:

Not applicable

Details of transactions giving rise to acquisition or disposal

Total number of transactions to which notice relates: 1

Details of transactions requiring disclosure-

Date of transaction:20 September 2022

Nature of transaction:

On-market purchase of ordinary shares

Name of any other party or parties to the transaction (if known):Unknown

The consideration, expressed in New Zealand dollars, paid or received for the
acquisition or disposal. If the consideration was not in cash and cannot be readily by

converted into a cash value, describe the consideration:

$60,697.70

Number of financial products to which the transaction related: 10,000

If the issuer has a financial products trading policy that prohibits directors or senior

managers from trading during any period without written clearance (a closed period)

include the following details—

Whether relevant interests were acquired or disposed of during a closed period:No

Whether prior written clearance was provided to allow the acquisition or disposal to

proceed during the closed period:

Not applicable

Date of the prior written clearance (if any):

Not applicable

Summary of other relevant interests after acquisition or disposal:

Class of quoted financial products:

Ordinary Shares (NZX: MCY)

Green Bonds in Mercury NZ Limited

(NZX: MCY040)

Nature of relevant interest:Registered holder

Power to acquire or dispose of, or to

control the acquisition or disposal

of, bonds as trustee of the

Hawksworth Family Trust

For that relevant interest,-

Number held in class:2,080

100,000

Current registered holder(s):Vincent James Hawksworth

Investment Custodial Services

Limited

For a derivative relevant interest,-

Type of derivative:Not applicable Not applicable

Details of derivative,-

The notional value of the derivative (if any) or the notional amount of underlying financial

products (if any):

Not applicable

A statement as to whether the derivative is cash settled or physically settled:

Not applicable

Maturity date of the derivative (if any):

Not applicable

Expiry date of the derivative (if any):

Not applicable

The price's specified terms (if any):

Not applicable

Any other details needed to understand how the amount of the consideration payable

under the derivative or the value of the derivative is affected by the value of the

underlying financial products:

Not applicable

For that derivative relevant interest,-

Parties to the derivative:

Not applicable

If the director or senior manager is not a party to the derivative, the nature of the relevant

interest in the derivative:

Not applicable

Certification

I, certify that, to the best of my knowledge and belief, the information contained in this

disclosure is correct and that I am duly authorised to make this disclosure by all persons

for whom it is made.

Signature of director or officer:

Date of signature:

or

Signature of person authorised to sign on behalf of director or officer:

Date of signature:

23 September 2022

Name and title of authorised person:Garth Landers, Senior Legal Counsel

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.

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