Confirmation of Stapling Effective Date

Precinct Properties New Zealand Limited Head Office Wellington Office
E hello@precinct.co.nz Level 12, 188 Quay Street, Auckland 1010 T 0800 400 599 Generator, 30 Waring Taylor Street, Wellington T 0800 400 599
W www.precinct.co.nz PO Box 5140, Auckland 1141, New Zealand F +64 9 927 1655 PO Box 2, Wellington 6140, New Zealand F +64 4 494 2267
NZX announcement – 7 June 2023

Confirmation of Stapling Effective Date

Further to the announcement on 18 April 2023 and detailed in the Notice of Special Meeting
and Explanatory Memorandum dated 18 April 2023, Precinct Properties New Zealand
(NZX:PCT) is pleased to confirm that board approval has been given by each of Precinct
Properties New Zealand Limited ("Precinct") and Precinct Properties Investments Limited
("Precinct Investments") for Precinct to move to a stapled structure.
This follows the special meeting of shareholders of Precinct held on 11 May 2023 where
shareholders passed the special resolution approving the amendments to Precinct’s
constitution to allow for Precinct shares and Precinct Investments shares to be stapled
together.
The effective date of Stapling will be 1 July 2023 and the Stapled Securities will commence
trading on the NZX Main Board on 3 July 2023.

Ends

For further information, please contact:
Scott Pritchard
Chief Executive Officer
Mobile: +64 21 431 581
Email: scott.pritchard@precinct.co.nz

George Crawford
Deputy Chief Executive Officer
Mobile: +64 21 384 014
Email: george.crawford@precinct.co.nz

Richard Hilder
Chief Financial Officer
Mobile: +64 29 969 4770
Email: richard.hilder@precinct.co.nz

Precinct Properties New Zealand Limited Head Office Wellington Office
E hello@precinct.co.nz Level 12, 188 Quay Street, Auckland 1010 T 0800 400 599 Generator, 30 Waring Taylor Street, Wellington T 0800 400 599
W www.precinct.co.nz PO Box 5140, Auckland 1141, New Zealand F +64 9 927 1655 PO Box 2, Wellington 6140, New Zealand F +64 4 494 2267

About Precinct (PCT)
Listed on the NZX Main Board under the ticker code PCT and ranked in the NZX top 30, Precinct
is the largest owner, manager and developer of premium inner-city real estate in Auckland
and Wellington. Precinct is predominantly invested in office buildings and also includes
investment in Generator, Commercial Bay retail, third party capital partnerships, and a multi-
unit residential development business. For information visit: www.precinct.co.nz