DRP Capital Change Notice

Company Announcement
26 January 2024



DRP Capital Change Notice

Dividend Reinvestment Plan
Turners Automotive Group Limited (NZX/ASX: TRA) provided the attached Capital Change Notice
pursuant to the NZX listing rule 3.13.1. This Notice relates to the issue of 282,923 ordinary shares under
Turners Automotive Group’s Dividend Reinvestment Plan, dated May 2023, in respect of the FY24 second
quarter dividend.



ENDS



About Turners

Turners Automotive Group Limited is an integrated financial services group, primarily operating in the
automotive sector www.turnersautogroup.co.nz

For further information, please contact:

Todd Hunter, Chief Executive Officer, Turners Automotive Group Limited, Mob: 021 722 818

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Template
Capital Change Notice

Updated as at 17 October 2019



Section 1: Issuer information
Name of issuer Turners Automotive Group Limited
NZX ticker code TRA
Class of financial product Ordinary shares
ISIN (If unknown, check on NZX website) NZVNLE0001S1
Currency NZD
Section 2: Capital change details
Number issued 282,923
Nominal value (if any) n/a
Issue/acquisition/redemption price per security $4.44
Nature of the payment (for example, cash or other consideration) Cash, pursuant to the Dividend
Reinvestment Plan dated May
2023
Amount paid up (if not in full) n/a
Percentage of total class of Financial Products issued 0.32%
For an issue of Convertible Financial Products or Options, the
principal terms of Conversion
n/a
Reason for issue/acquisition/redemption and specific authority for
issue/acquisition/redemption/ (the reason for change must be
identified here)
Shares were issued pursuant to the
Dividend Reinvestment Plan dated
May 2023 in respect of the second
quarter dividend for the year ended
31 March 2024.
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.
88,075,271
Treasury Stock: nil
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
Dividend Repayment Plan dated
May 23 and Board resolution dated
16 January 2024.
Terms or details of the issue, acquisition, or redemption (for
example: restrictions, escrow arrangements)
Ordinary shares issued rank pari
passu with existing ordinary shares
Date of issue 26/01/2024
Section 3: Authority for this announcement and contact person
Name of person

authorised to make this announcement Barbara Badish
Contact person for this announcement Todd Hunter
Contact phone number 021 722 818
Contact email address Todd.Hunter@turners.co.nz
Date of release through MAP

26/01/2024