Capital Change Notice – Convertible Notes

Capital Change Notice

Updated as at 17 October 2019


Section 1: Issuer information
Name of issuer MOVE Logistics Group Limited
NZX ticker code MOV
Class of financial product Ordinary shares
ISIN (If unknown, check on NZX website) NZMOWE0001S5
Currency NZD
Section 2: Capital change details
Number issued 11,228,890
Nominal value (if any) N/A
Issue price per security $0.730259
Nature of the payment (for example, cash or other consideration) Issue of shares on conversion
of convertible notes.
Amount paid up (if not in full) $N/A
Percentage of total class of Financial Products issued (calculated
on the number of Financial Products of the Class, excluding any
Treasury Stock, in existence)
1

9.65%
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)
N/A
Reason for issue and specific authority for issue (the reason for
change must be identified here)
Holders of convertible notes
were entitled to give notice to
convert their convertible notes
to ordinary shares under the
terms of issue of those
convertible notes.
Total number of Financial Products of the Class after the issue
(excluding Treasury Stock) and the total number of Financial
Products of the Class held as Treasury Stock after the issue.
127,614,019
In the case of an acquisition of shares, whether those shares are to
be held as treasury stock
N/A
Specific authority for the issue including a reference to the rule
pursuant to which the issue is made
The terms of issue of the
convertible notes and NZX
Listing Rule 4.5.
Terms or details of the issue, acquisition, or redemption (for
example: restrictions, escrow arrangements)
Convertible note holders were
entitled, from 1 May 2023, to
give notice to convert their
convertible notes to shares at
an issue price equal to 90% of
the five-day VWAP of a MOV
share.

1
The percentage is to be calculated immediately before the issue, acquisition, redemption or Conversion.

Date of issue/acquisition/redemption
2
30 June 2023
Section 3: Authority for this announcement and contact person
Name of person

authorised to make this announcement Lee Banks
Contact person for this announcement Lee Banks
Contact phone number 027 525 2876
Contact email address Lee.Banks@movelogistics.com
Date of release through MAP

30/6/2023




2
Continuous issuers using this form in reliance on Rule 3.13.2, please indicate the period during which the relevant
issue/acquisition/redemptions were made (for example, 1 January 2019 to 31 January 2019).