Capital Change Notice Relating to DRP

Capital Change Notice Relating to DRP
3 April 2023
Mercury NZ Limited provides the attached Capital Change Notice under NZX Listing Rule 3.13.1. This Notice
relates to the re-issue of 784,918 ordinary shares from treasury stock under Mercury’s Dividend Reinvestment Plan
(DRP), announced on 21 February 2023, in respect of the FY2023 interim 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 784,918 ordinary shares (from
treasury stock)
Nominal value (if any) Not applicable
Issue/acquisition/redemption price per security $6.0938
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)
0.057%
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 784,918
shares pursuant to the terms of
the Dividend Reinvestment Plan
in respect of the FY2023 interim
ordinary dividend payable on 3
April 2023
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.
1,386,792,880 ordinary shares

13,219,637 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 27
March 2023 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 3 April 2023
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

3 April 2023