Amended Quotation Notice – NZL Warrants (“NZLWA”)

QUOTATION NOTICE: NZX MAIN BOARD
NEW ZEALAND RURAL LAND COMPANY LIMITED (“NZL”)
WARRANTS
NZX Limited, Level 1, NZX Centre, 11 Cable Street, PO Box 2959, Wellington 6140, New Zealand
Tel +64 4 472 7599, www.nzx.com
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Company:

New Zealand Rural Land Company Limited (“NZL”)
Warrants Security Code:
NZLWA
ISIN:
NZNZLE0005S3
Details of Security to be Quoted:
Up to 12,844,619 new warrants to subscribe for ordinary shares

Ratio (Warrants:Shares):
1 new warrant for every 3 ordinary shares subscribed for under
the announced Accelerated Renounceable Entitlement Offer.
Exercise Price:
$1.20

Conversion Ratio of Warrants:
Each warrant gives the holder a right to buy one ordinary share in
NZL upon payment of the Exercise Price up to and including the
Exercise Date.
Record Date:
N/A – NZLWA will be issued to holders who participated in the
Accelerated Renounceable Entitlement Offer as per the Ratio
above.
Allotment Date:
Wednesday, 8 March 2023 - Institutional Offer
Wednesday, 22 March 2023 - Retail Offer
Last Trading Date:
Friday, 28 November 2025
Exercise Date:
Sunday, 30 November 2025. Holders can exercise their warrants
up to and including the Exercise Date.
Registrar:
Link Market Services (“LNKT”)
Settlement Status:
NZCDC Settlement System
Mailing of Warrants Holding
Statements:
No later than:
Wednesday, 15 March 2023 - Institutional Offer
Wednesday, 29 March 2023 - Retail Offer
Expected Commencement of
Trading on the NZX Main Board:
Thursday, 23 March 2023

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Mark Peterson
Chief Executive Officer
NZX Limited

3 March 2023