Capital Change Notice – Employee Share Purchase Plan

Capital Change Notice


Section 1: Issuer information
Name of issuer Precinct Properties Group
NZX ticker code PCT
Class of financial product A stapled security comprising
one ordinary share in Precinct
Properties New Zealand
Limited (PPNZ) and one
ordinary share in Precinct
Properties Investments Limited
(PPIL), stapled so that they
may only be dealt with as a
single equity security (a
Stapled Security).
ISIN (If unknown, check on NZX website) NZAPTE0001S3
Currency New Zealand Dollars
Section 2: Capital change details
Number issued/acquired/redeemed 90,328 Stapled Securities
Nominal value (if any) N/A
Issue/acquisition/redemption price per security $1.24
Nature of the payment (for example, cash or other
consideration)
Contributions under Precinct
Properties New Zealand
Limited Exempt Employee
Share Scheme
Amount paid up (if not in full) N/A
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

0.00569%
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/acquisition/redemption and specific authority
for issue/acquisition/redemption/ (the reason for change must
be identified here)
Issue of Stapled Securities to
participants in Precinct
Properties New Zealand
Limited Exempt Employee
Share Scheme

Authorised by a board
resolution dated 22 August
2023.

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

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.
1,586,352,542 Stapled
Securities

There is no treasury stock.
In the case of an acquisition of shares, whether those shares
are to be held as treasury stock
No
Specific authority for the issue, acquisition, or redemption,
including a reference to the rule pursuant to which the issue,
acquisition, or redemption is made
Board resolution dated 22
August 2023.

NZX Listing Rule 4.6.1
Terms or details of the issue, acquisition, or redemption (for
example: restrictions, escrow arrangements)
Listed Stapled Securities
ranking equally with the
existing Stapled Securities on
issue in Precinct Properties
Group pursuant to the terms of
the Precinct Properties New
Zealand Limited Exempt
Employee Share Scheme
Date of issue/acquisition/redemption
2
1/09/2023
Section 3: Authority for this announcement and contact person
Name of person

authorised to make this announcement
Louise Rooney

General Counsel & Company
Secretary
Contact person for this announcement Louise Rooney
Contact phone number (09) 222 0070
Contact email address louise.rooney@precinct.co.nz
Date of release through MAP

1/09/2023


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).