1 for 10 Rights Issue
Corporate Action Notice
(Other than for a Distribution)
Updated June 2022
Page 1 of 2
Section 1: Issuer information (mandatory)
Name of issuer Enprise Group Limited
Class of Financial Product Ordinary Shares
NZX ticker code ENS
ISIN NZENSE0001S2
Name of Registry Link Market Services Limited
Type of corporate action Share Purchase
Plan/retail offer
Renounceable
Rights issue or
Accelerated
Offer
X
Capital
reconstruction
non-
Renounceable
Rights issue or
Accelerated
Offer
Call Bonus issue
Record date 02/11/2022
Ex Date (one business day before the
Record Date)
01/11/2022
Currency NZD
Section 2: Rights issue or Accelerated Offer
If Accelerated Offer, structure N/A
Number of Rights to be issued or
entitlements available for security
holders in the Accelerated Offer
1,615,770 (not quoted)
Maximum number of Financial Products
to be issued if offer is fully subscribed
1,615,770
ISIN of Rights security (if applicable) N/A
Oversubscription facility Y
Entitlement ratio (for example 1 for 3)
Please contact NZX ahead of announcing the offer if
each Right will be exercisable for more or less than
one Financial Product (i.e unless prior arrangement is
made, Rights will be exercisable on a one for one
basis)
New 1 Existing 10
Treatment of fractions Rounded down
Subscription price NZ$0.85 (AU$0.77)
2 of 2
(per Financial Product)
Letters of entitlement mailed 3/11/2022
Offer open 3/11/2022
Offer close 18/11/2022
Quotation date
1
(if Rights will be
quoted)
N/A
Allotment date Market open on:
24/11/2022
Section 7: Authority for this announcement (mandatory)
Name of person authorised to make this
announcement
Elliot Cooper
Contact person for this announcement Elliot Cooper
Contact phone number 0275615501
Contact email address elliotc@enprise.com
Date of release through MAP 25/10/2022
---
100554800/9535633.1
25 October 2022
NZX Limited
Level 1, NZX Centre
11 Cable Street
Wellington
NOTICE PURSUANT TO CLAUSE 20(1)(a) OF SCHEDULE 8 TO THE FINANCIAL MARKETS
CONDUCT REGULATIONS 2014: ENPRISE GROUP RIGHTS ISSUE
1 Enprise Group Limited (NZX: ENS) (Enprise) has announced that it intends to raise
up to NZ$1.373 million in capital (the Offer). The Offer will consist of a pro-rata 1 for
10 renounceable rights issue (Rights Issue) and may comprise a private placement
of any shortfall in the Rights Issue.
2 The Offer is of fully paid ordinary shares of the same class as already quoted on the
NZX Main Board of NZX Limited. The Offer will be made pursuant to NZX Main Board
listing rules 4.3.1(a) and 4.4 at a price of NZD0.85 (AUD0.77) per share. Enprise is
not seeking to quote the rights under the Rights Issue on NZX.
3 Pursuant to clause 20(1)(a) of Schedule 8 to the Financial Markets Conduct
Regulations 2014 (FMC Regulations), and the Financial Markets Conduct Act 2013
(FMCA), Enprise states that:
3.1 Enprise is making the Offer in reliance upon the exclusion in clause 19 of
Schedule 1 to the FMCA and is giving this notice under clause 20(1)(a) of
Schedule 8 to the FMC Regulations.
3.2 As at the date of this notice, Enprise is in compliance with the continuous
disclosure obligations that apply to it in relation to ordinary shares in Enprise,
and there is no information that is “excluded information” as defined in clause
20(5) of Schedule 8 to the FMC Regulations.
3.3 As at the date of the notice, Enprise is in compliance with its financial
reporting obligations.
4 The Offer is not expected to have any material effect or consequence on the control
of Enprise.
Yours faithfully
Elliot Cooper
Chief Executive
Enprise Group Limited
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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