Precinct announces settlement of Te Toangaroa portfolio

Precinct Auckland 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 – 1 September 2023

Precinct announces settlement of Te Tōangaroa portfolio
Further to the announcement on 14 August 2023, Precinct Properties Group (Precinct) (NZX:
PCT) is pleased to confirm that the acquisition of the Te Tōangaroa portfolio has now settled.
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


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
On 1 July 2023, Precinct effected a restructuring to create a stapled group structure. A stapled group comprises
two listed parent companies whose shares are held by the same shareholders in equal proportions. The shares in
each parent company can only be transferred or dealt with together.
Shareholders in Precinct Properties Group (“Precinct”) hold an equal number of shares in Precinct Properties New
Zealand Limited (“PPNZ”) and Precinct Properties Investments Limited (“PPIL”) and these shares can only be dealt
with together. The stapled issuers are described as “Precinct Properties NZ Ltd & Precinct Properties Investments Ltd
(NS)” on NZX systems and the ticker code for the stapled shares remains PCT.