POT Capital Change Notice

NZX Market – Capital Change Notice Pursuant to Listing Rule 3.13.1
25 September 2023
This notice is given under NZX Listing rule 3.13.1 and relates to the issue of unlisted Performance
Share Rights (PSRs) under the Port of Tauranga Limited (POT) Long Term Incentive Scheme (LTI
Scheme).
Section 1: Issuer information
Name of issuerPort of Tauranga Limited
NZX ticker codePOT
Class of financial product
Unlisted 2023/2024 PSRs issued
in accordance with the terms of
the POT LTI Scheme.
ISIN (If unknown, check on NZX website)Not applicable
Currency$NZ
Section 2: Capital change details
Number issued198,263 – 2023/2024 PSRs
Nominal value (if any)
There is no nominal value for the
PSRs.
Issue price per security
No amount is payable for the
grant of PSRs. One PSR gives
the participant the potential to
exercise that PSR for one
ordinary share at no cost.
Nature of the payment (for example, cash or other consideration)Not applicable
Amount paid up (if not in full)Not applicable
Percentage of total class of Financial Products issued (calculated on
the number of Financial Products of the Class, excluding any
Treasury Stock, in existence)
198,263 PSRs represent
approximately 0.029% of the
ordinary shares on issue.
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 and specific authority for issue (the reason for
change must be identified here)
Issue of 2023/2024 PSRs in
accordance with the terms of the
POT LTI Scheme to incentivise
selected employees to grow the
Company and to attract, motivate
and retain key employees.

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.
680,417,282 Ordinary shares
(excluding Treasury Stock).
163,948 Ordinary shares held as
Treasury Stock.
145,206 – 2021/2022 PSRs.
185,115 – 2022/2023 PSRs.
198,263 – 2023/2024 PSRs.
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, including a reference to the rule
pursuant to which the issue is made
Directors’ resolution and
certificate dated 18/09/2023.
Listing Rules 4.9.1(b) and 4.11.1.
Terms or details of the issue (for example: restrictions, escrow
arrangements)
The 2023/2024 PSRs are issued
in accordance with the terms of
the POT LTI Scheme.
Date of issue22/09/2023
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 address
Simon.Kebbell@port-
tauranga.co.nz
Date of release through MAP25 September 2023
Simon Kebbell
CHIEF FINANCIAL OFFICER