POT Capital Change Notice

Capital Change Notice
Section 1: Issuer information
Name of issuerPort of Tauranga Limited (POT)
NZX ticker codePOT
Class of financial productOrdinary Shares in POT
ISIN (If unknown, check on NZX website)NZPOTE0003S0
CurrencyNZD
Section 2: Capital change details
Number issued53,390
Nominal value (if any)N/A
Issue/acquisition/redemption price per security$0.00
Nature of the payment (for example, cash or other
consideration)
Shares transferred from Treasury Stock to
certain senior executives of POT for a $0
exercise price in accordance with the
terms of the POT Long Term Incentive
Scheme (LTIScheme) allocated in
2020/2021.
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
0.008%
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)
Transfer of shares held as Treasury Stock
by POT to senior executives of POT who
are participants in the LTI Scheme,
following the vesting of Performance
Share Rights (PSRs) allocated to them in
2020/2021 pursuant to the LTI Scheme.
Authority for issue: Directors’ resolutions
and certificate dated 27 August 2020.
Total number of Financial Products of the Class
after the issue/acquisition/redemption/Conversion
(excluding Treasury Stock) and the total number of
680,417,282 Ordinary shares (excluding
Treasury Stock).
1
The percentage is to be calculated immediately before the issue, acquisition, redemption or Conversion.

Financial Products of the Class held as Treasury
Stock after the issue/acquisition/redemption.
163,948 Ordinary shares held as Treasury
Stock.
145,206 2021/2022 PSRs.
185,115 2022/2023 PSRs
Following the exercise of the 2020/2021
PSRs there are no PSRs of the same
Class on issue with 74,559 PSRs having
lapsed, and 87,524 PSRS having been
exercised.
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, acquisition, or
redemption, including a reference to the rule
pursuant to which the issue, acquisition, or
redemption is made
Directors’ resolutions and certificate dated
27 August 2020.
Listing Rule 4.9.1(b) and 4.11.1
Terms or details of the issue, acquisition, or
redemption (for example: restrictions, escrow
arrangements)
On 14 September 2020 POT issued PSRs
to certain senior executives in accordance
with the terms of the LTI Scheme.
Following the Board’s assessment of
performance hurdles in accordance with
the LTI Scheme, 87,524 of the 162,083
2020/2021 PSRs allocated to certain
senior executives have now been vested
and converted to shares. POTL has
transferred shares held as Treasury Stock
to those certain senior executives
pursuant to the LTI Scheme. Shares are
issued net of tax.
Date of issue/acquisition/redemption
2
20/09/2023
Section 3: Authority for this announcement and contact person
Name of personauthorised to make this
announcement
Simon Kebbell
Chief Financial Officer
Contact person for this announcement
Simon Kebbell
Chief Financial Officer
Contact phone number07 572 8809
Contact email addressSimon.Kebbell@port-tauranga.co.nz
Date of release through MAP21/09/2023
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).