Warrant Conversion Notice

28 June 2023
Warrant Conversion Notice
The table below details the conversion of warrants in New Zealand Rural Land Company Limited
(NZL) (NZX:NZLWA) (Warrants) in accordance with the Warrant Terms of Issue. Each Warrant can be
exercised at any point on or before the expiry date, being 30 November 2025, at an exercise price
of $1.20 per Warrant. Each Warrant converts to one ordinary share in NZL (Share) upon exercise.
E: info@nzrlc.co.nz | T: +64 9 217 2905
www.nzrlc.co.nz
Number of Warrants converted3,929
Date of conversion27/06/2023
Number of Shares issued3,929
Details of any interest or dividend
conditions attaching to the Shares
The Shares issued upon conversion are of the same class and terms as
the ordinary shares in NZL quoted on the NZX Main Board.
How many Warrants remain to be
converted
7, 9 9 6 , 227