Capital Change Notice Relating to DRP

Capital Change Notice Relating to DRP
30 September 2022
Mercury NZ Limited provides the attached Capital Change Notice under NZX Listing Rule 3.13.1. This Notice
relates to the re-issue of 3,949,542 ordinary shares from treasury stock under Mercury’s Dividend Reinvestment
Plan (DRP), announced on 22 February 2022, in respect of the FY2022 final dividend.

ENDS
Howard Thomas
General Counsel and Company Secretary
Mercury NZ Limited

For investor relations queries, please contact:
William Meek
Chief Financial Officer
0275 173 470
investor@mercury.co.nz
For media queries, please contact:
Shannon Goldstone
Head of Communications
027 210 5337
media@mercury.co.nz

ABOUT MERCURY NZ LIMITED
We generate electricity from 100% renewable sources – hydro, geothermal and wind. We also sell utility services to our
customers through our retail brands – Mercury, Trustpower and GLOBUG.
We’re listed on the New Zealand Stock Exchange and the Australian Stock Exchange with foreign exempt listed status. We’re
listed on both exchanges with the ticker symbol ‘MCY’. The New Zealand Government (the Crown) holds a legislated 51%
shareholding in the Company.
Visit us at: www.mercury.co.nz


STOCK EXCHANGE LISTINGS: NZX (MCY) / ASX (MCY)

NEWS RELEASE

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Capital Change Notice




Section 1: Issuer information
Name of issuer Mercury NZ Limited
NZX ticker code MCY
Class of financial product Ordinary Shares
ISIN (If unknown, check on NZX website) NZMRPE0001S2
Currency NZD
Section 2: Capital change details
Number issued/acquired/redeemed 3,949,542 ordinary shares
(from treasury stock)
Nominal value (if any) Not applicable
Issue/acquisition/redemption price per security $5.9013
Nature of the payment (for example, cash or other
consideration)
Cash, including reinvestment
of dividend proceeds pursuant
to the Dividend Reinvestment
Plan
Amount paid up (if not in full) Fully paid ordinary shares
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)
0.29%
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)
Not applicable
Reason for issue/acquisition/redemption and specific authority
for issue/acquisition/redemption/ (the reason for change must
be identified here)
Transfer from treasury stock to
existing shareholders of
3,949,542 shares pursuant to
the terms of the Dividend
Reinvestment Plan in respect
of the FY2022 final ordinary
dividend payable on 30
September 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.
1,386,007,962 ordinary shares

14,004,555 treasury stock

In the case of an acquisition of shares, whether those shares
are to be held as treasury stock
Not applicable
Specific authority for the issue, acquisition, or redemption,
including a reference to the rule pursuant to which the issue,
acquisition, or redemption is made
Directors’ resolution dated 28
September 2022 pursuant to
NZX Listing Rule 4.8.1.

Terms or details of the issue, acquisition, or redemption (for
example: restrictions, escrow arrangements)
The shares transferred are
quoted ordinary shares ranking
equally with the existing
ordinary shares on issue of
MCY
Date of issue/acquisition/redemption 30 September 2022
Section 3: Authority for this announcement and contact person
Name of person

authorised to make this announcement
Howard Thomas, Company
Secretary
Contact person for this announcement Howard Thomas
Contact phone number 09 308 8720
Contact email address
Howard.Thomas@mercury.co.nz

Date of release through MAP

30 September 2022