Capital Change Notice - Issue of Shares

Capital Change Notice
Updated as at June 2023


This notice is given under NZX Listing Rule 3.13.1 and relates to the issue of shares under which
fully paid ordinary shares in Trade Window Holdings Limited are issued.

Section 1: Issuer information
Name of issuer Trade Window Holdings Limited
NZX ticker code TWL
Class of financial product
Ordinary Shares in Trade Window
Holdings Limited
ISIN (If unknown, check on NZX website)
NZTWLE0004S0
Currency NZD
Section 2: Capital change details
Number issued/acquired/redeemed
527,655 Ordinary Shares in TWL
Nominal value (if any) N/A
Issue/acquisition/redemption price per security NIL
Nature of the payment (for example, cash or other
consideration)
N/A
Amount paid up (if not in full) N/A
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)
1

TradeWindow has a total of
126,310,993 ordinary shares on
issue and a total of 1,726,242 share
options on issue.

The issuance of the shares represents
0.41 % of the 128,037,235 financial
Products (being the total number of
ordinary shares on issue
should all share options be exercised).
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)
The Conversion Price for 287,646 options
is NIL.
The Conversion Date is 31 May 2025.
Converted Options will rank equally with
all other fully paid ordinary shares on
issue.
Reason for issue/acquisition/redemption and specific
authority for issue/acquisition/redemption/ (the
reason for change must be identified here)
Issue of shares pursuant to the exercise
of vested options.
Issue of shares to the landlord as part of
rent.
Issue of shares to two consultants as part
of service fee

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

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.
Total ordinary shares on issue are
126,838,648
Total Share Options issued are
1,438,596
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
Authorised by a board resolution dated 28
May 2024.

Terms or details of the issue, acquisition, or
redemption (for example: restrictions, escrow
arrangements)
The new shares will rank equally with all
other fully paid ordinary shares on issue.
Date of issue/acquisition/redemption
2
31 May 2024
Section 3: Authority for this announcement and contact person
Name of person authorised to make this
announcement
Andrew Balgarnie Chief Strategy Officer
Contact person for this announcement Andrew Balgarnie
Contact phone number +6427 559 4133
Contact email address andrew@tradewindow.io
Date of release through MAP 31 May 2024






























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).