Capital Change Notice relating to DRP

Capital Change Notice



Section 1: Issuer information
Name of issuer Rakon Limited
NZX ticker code RAK
Class of financial product Ordinary Shares
ISIN (If unknown, check on NZX website) NZRAKE0001S8
Currency Not applicable
Section 2: Capital change details
Number issued/acquired/redeemed 753,741
Nominal value (if any) Not applicable
Issue/acquisition/redemption price per security NZD 0.75274
Nature of the payment (for example, cash or other
consideration)
Cash, pursuant to Dividend Reinvestment
Plan dated 23 June 2023
Amount paid up (if not in full) Fully paid
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)
1

0.3291%
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)
Shares were issued pursuant to the
Dividend Reinvestment Plan dated 23 June
2023 in respect of dividend for the year
ended 31 March 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.
229,809,013
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
Dividend Reinvestment Plan terms and
Board Resolution dated 21 June 2023

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

Terms or details of the issue, acquisition, or
redemption (for example: restrictions, escrow
arrangements)
The shares were issued pursuant to the
terms of the Dividend Reinvestment Plan
dated 23 June 2023
Date of issue/acquisition/redemption
2
08/08/2023
Section 3: Authority for this announcement and contact person
Name of person

authorised to make this
announcement
Maureen Shaddick
Contact person for this announcement Nick Laurent
Contact phone number +64 21 240 7541
Contact email address nick.laurent@rakon.com
Date of release through MAP

08/08/2023




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).