Winton Files Claim Against Kainga Ora

NZX & ASX RELEASE
NZX: WIN / ASX: WTN
20 October 2022

WINTON FILES LEGAL CLAIM AGAINST KĀINGA ORA
Winton confirms that it has issued proceedings in the Auckland High Court under the Commerce
Act, alleging anti-competitive conduct by Government housing agency Kāinga Ora.
Winton is seeking Court declarations that Kāinga Ora’s conduct is unlawful and in breach of the
Commerce Act, and an order requiring Kāinga Ora to consider Sunfield for assessment under the
UDA, as well as substantial damages for Kāinga Ora’s conduct to date.
The costs of the proceeding are not anticipated to materially affect Winton’s FY23 guidance.

Ends.

For investor or analyst queries, please contact:
Jean McMahon, CFO
+64 9 869 2271
investors@winton.nz
For media queries, please contact:
Sonya Fynmore
+64 21 404 206 / sonya.fynmore@winton.nz


About Winton
Winton is a residential land developer that specialises in developing integrated and fully
masterplanned neighbourhoods. Across its 14 masterplanned communities, Winton has a
portfolio of 27 projects expected to yield a combined total of circa 7,0 00 residential lots,
dwellings, apartment units, retirement village units and commercial lots. www.winton.nz
Winton listed on the NZX and ASX in 2021.