Capital Change Notice

Gentrack Group Ltd | ARBN 169 195 751

Gentrack Group
17 Hargreaves Street, St Marys Bay Auckland 1011,
PO Box 3288, Auckland 1140, New Zealand
Ph: +64 9 966 6090 Email:
info@gentrack.com
www.gentrack.com



29 November 2023

Capital Change Notice
Gentrack Group Limited (NZX/ASX: GTK) (Gentrack) adopted a Senior Management LTI
Scheme (Senior Management LTI Scheme) by Board resolution in 2016. Gentrack
adopted a parallel long term incentive scheme known as the Gentrack LTI Scheme
(Gentrack LTI Scheme) in November 2020. Gentrack advises that, as a result of vesting of
performance rights under the Senior Management LTI Scheme, it has issued 465,586
ordinary shares to relevant participants. In addition, Gentrack has issued 478,725 ordinary
shares to participants under the Gentrack LTI Scheme upon vesting of share rights.
The following information is supplied pursuant to NZX Main Board Listing Rule 3.13.1.
Section 1: Issuer information
Name of issuer Gentrack Group Limited
NZX ticker code GTK
Class of financial product Ordinary Shares
ISIN (If unknown, check on NZX website) NZGTKE0002S9
Currency NZD
Section 2: Capital change details
Number issued/acquired/redeemed 944,311 Ordinary Shares
Nominal value (if any) N/A
Issue/acquisition/redemption price per security NIL
Nature of the payment (for example, cash or other
consideration)
NIL
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)
0.92%
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)
Issued in connection with
Gentrack Senior Management

Gentrack Group Ltd | ARBN 169 195 751

LTI Scheme and Gentrack LTI
Scheme

465,586 Ordinary Shares
issued on vesting of
performance rights granted on
1 October 2020 under the
Senior Management LTI
Scheme

160,978 Ordinary Shares
issued on vesting of
performance rights granted on
1 October 2021under the
Gentrack LTI Scheme

317,747 Ordinary Shares
issued on vesting of
performance rights granted on
1 October 2022 under the
Gentrack LTI Scheme
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.
103,135,024
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
By Board resolution dated
28 November 2023 approving
the issues
Terms or details of the issue, acquisition, or redemption
(for example: restrictions, escrow arrangements)
The shares issued will be
credited as fully paid, and rank
in all respects equally with the
Ordinary Shares on Issue
Date of issue/acquisition/redemption 29 November 2023
Section 3: Authority for this announcement and contact person
Name of person authorised to make this announcement Kerry Nickels
Contact person for this announcement Kerry Nickels
Contact phone number +64 212102011
Contact email address commercial@gentrack.com
Date of release through MAP
29 November 2023
ENDS

Gentrack Group Ltd | ARBN 169 195 751

Contact details regarding this announcement:
Kerry Nickels – Company Secretary
+64 9 966 6090

About Gentrack
We are entering a new era, with utilities worldwide transforming to meet business
and sustainability targets. For over 35 years Gentrack has been partnering with the
world’s leading utilities, and more than 60 energy and water companies rely on us.
Gentrack, with our partners Salesforce and AWS, are leading todays transformation
with g2.0, an end-to-end product-to-profit solution. Using low code / no code, and
composable technology, g2.0 allows utilities to launch new propositions in days,
reduce cost-to-serve and lead in total experience. https://www.gentrack.com