Capital Change Notice

Capital Change Notice





Section 1: Issuer information
Name of issuer Briscoe Group Limited
NZX ticker code BGP
Class of financial product Ordinary Shares
ISIN (If unknown, check on NZX website) NZBGRE0001S4
Currency New Zealand Dollars
Section 2: Capital change details
Number issued 24,234 Ordinary Shares
Nominal value (if any) Not applicable
Issue/acquisition/redemption price per security Nil
Nature of the payment (for example, cash or other
consideration)
Cash
Amount paid up (if not in full) Fully paid up
Percentage of total class of Financial Products issued
(calculated on the number of Financial Products of the
Class, excluding any Treasury Stock, in existence)
1

0.0109%
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)
The 24,234 shares were issued pursuant
to the Briscoe Group Senior Executive
Incentive Plan, following the vesting of
the Performance Rights issued on 15
June 2021
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/acquisition/redemption.
222,790,012 Ordinary Shares
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
Board resolution on 9 June 2021.
Issued pursuant to NZX Listing Rule 4.6


1
The percentage is to be calculated immediately before the issue, acquisition, redemption or Conversion.

Terms or details of the issue Issue of Ordinary Shares under the
Briscoe Group Senior Executive
Incentive Plan from the Performance
Rights issued on 15 June 2021. New
Ordinary Shares rank pari passu with the
existing fully paid Ordinary Shares on
issue. Employees holding the shares
may only trade in accordance with the
Briscoe Group Share Trading Policy.
Date of issue/acquisition/redemption
2
15/03/2024
Section 3: Authority for this announcement and contact person
Name of person

authorised to make this announcement Geoff Scowcroft
Contact person for this announcement Geoff Scowcroft
Contact phone number +64 9 8155678
Contact email address geoff@briscoes.co.nz
Date of release through MAP

15/03/2024



Listing Rule 3.15.2 – Performance Rights under the Senior Executive Incentive Plan


The following details are provided for the purposes of NZX Listing Rule 3.15.2

a) Number of Financial Products converted and the number
and class of Quoted Financial Products into which they
have been converted:
24,234 Performance Rights
converted into 24,234 Ordinary
Shares

b) Interest or dividend conditions attaching to the Financial
Products into which they have been converted:
None


c) Number of Financial Products of the same class remaining
to be converted:
125,977 Performance Rights
issued on 5 August 2022

206,445 Performance Rights
issued on 3 August 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).