Capital Change Notice – Issue of Ordinary Shares

Capital Change Notice




Section 1: Issuer information
Name of issuer Tourism Holdings Limited
NZX ticker code THL
Class of financial product
Ordinary Shares
ISIN (If unknown, check on NZX website)
N/A
Currency
NZD
Section 2: Capital change details
Number issued/acquired/redeemed 228,027
Nominal value (if any) N/A
Issue/acquisition/redemption price per security Exercise price of:
• $1.57 per LTI Option
• $2.55 per Retention Share
Option
Nature of the payment (for example, cash or other consideration) Cash
Amount paid up (if not in full) Fully paid
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)
0.15%
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/acquisition/redemption and specific authority for
issue/acquisition/redemption/ (the reason for change must be
identified here)
Issue of Ordinary Shares upon
the exercise of:
• 200,000 LTI Options pursuant
to the Tourism Holdings
Limited Long Term Incentive
Scheme 2017; and
• 28,027 Retention Share
Options pursuant to the
Tourism Holdings Limited
Retention Scheme 2020.
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.
156,308,348 Ordinary Shares

6,398,667 LTI Options

1,184,718 Retention Share
Options
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, acquisition, or redemption, including
a reference to the rule pursuant to which the issue, acquisition, or
redemption is made.
Listing Rule 4.6 and Directors’
resolutions.
Terms or details of the issue, acquisition, or redemption (for
example: restrictions, escrow arrangements)
As set out above.

Date of issue/acquisition/redemption 2 November 2022
Section 3: Authority for this announcement and contact person
Name of person

authorised to make this announcement Grant Webster
Contact person for this announcement Grant Webster
Contact phone number
+64 9 336 4255
+64 21 449 210
Contact email address grant.webster@thlonline.com
Date of release through MAP

3 November 2022