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Precinct announces settlement of Mason Bros Building

M&A19 December 2023PCTReal Estate

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 – 20 December 2023


Precinct announces settlement of Mason Bros Building

Further to the announcement on 11 December 2023, Precinct Properties Group (Precinct)

(NZX: PCT) is pleased to confirm that the sale of the Mason Bros Building in Auckland 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.

Data sourced from publicly available filings. Our datasets may not be complete. Automated analysis can produce errors. If you believe any data on this page is incorrect, please contact us at hello@nzxplorer.co.nz. For informational purposes only. Not investment advice.