Issue of Shares – Convertible Notes
Company Announcement
30 June 2023
ISSUE OF SHARES – CONVERTIBLE NOTES
Transport and logistics group, MOVE Logistics Group Limited (NZX/ASX: MOV) issued $8.2 million of
convertible notes to a number of wholesale investors in 2021. The terms of issue for the convertible
notes were advised to the NZX Market on 3 May 2021.
As permitted under the terms of the convertible notes, all holders of the convertible notes have
elected to convert their notes into ordinary shares of MOVE. This conversion has been completed
today at a conversion price of approximately $0.73 per share.
A capital change notice detailing this issue of shares accompanies this announcement. MOVE now
has no remaining convertible notes on issue.
ENDS
For further information, please contact:
Lorraine Witten
Chair
Phone: +64 21 822 278
Lee Banks
Chief Financial Officer
Phone: +64 27 525 2876
Email: Lee.Banks@movelogistics.com
For media assistance, please contact: Jackie Ellis t: + 64 27 246 2505 e: jackie@ellisandco.co.nz
About MOVE Logistics Group Limited (MOV)
MOVE is one of the largest domestic freight and logistics businesses in New Zealand, with a
nationwide network of branches, depots and warehouses.
Data sourced from publicly available filings. Our datasets may not be complete. Automated analysis can produce errors. If you believe any data on this page is incorrect, please contact us at hello@nzxplorer.co.nz. For informational purposes only. Not investment advice.
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