Capital change notices – share rights plan

Kiwi Property Group Limited
Capital Change Notice



Section 1: Issuer information
Name of issuer Kiwi Property Group Limited
NZX ticker code KPG
Class of financial product Unlisted Restricted Share
Rights
ISIN NZKPGE001S9
Currency New Zealand Dollars
Section 2: Capital change details
Number issued/acquired/redeemed 135,496 redeemed
Nominal value (if any) Not applicable
Issue/acquisition/redemption price per security No cash consideration is
payable
Nature of the payment (for example, cash or other
consideration)
Not applicable
Amount paid up (if not in full) Not applicable
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

35.8% of all existing Restricted
Share Rights

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/acquisition/redemption and specific authority
for issue/acquisition/redemption/ (the reason for change must
be identified here)
Exercise of vested and lapsing
of Restricted Share Rights
redeemed pursuant to the Kiwi
Property Group Limited Share
Rights Plan.
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.
243,072 unlisted Restricted
Share Rights.
243,072 Ordinary Shares if all
Restricted Share Rights vest or
are exercised.
There is no treasury stock.
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, acquisition, or redemption,
including a reference to the rule pursuant to which the issue,
acquisition, or redemption is made
Authorised by board
resolutions dated 18 February

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

2021, 11 July 2022 and 19
May 2023 and listing rule 4.6
Terms or details of the issue, acquisition, or redemption (for
example: restrictions, escrow arrangements)
Exercise of vested and lapsing
of Restricted Share Rights
redeemed pursuant to the Kiwi
Property Group Limited Share
Rights Plan.
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 Steve Penney
Contact person for this announcement Steve Penney
Contact phone number +64 9 359 4025
Contact email address steve.penney@kp.co.nz
Date of release through MAP

4 June 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).

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Kiwi Property Group Limited
Capital Change Notice



Section 1: Issuer information
Name of issuer Kiwi Property Group Limited
NZX ticker code KPG
Class of financial product Ordinary shares
ISIN NZKPGE001S9
Currency New Zealand Dollars
Section 2: Capital change details
Number issued/acquired/redeemed 79,624 issued
Nominal value (if any) Not applicable
Issue/acquisition/redemption price per security No cash consideration is
payable
Nature of the payment (for example, cash or other
consideration)
Not applicable
Amount paid up (if not in full) Not applicable
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

0.005%
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)
Issue of shares on exercise of
Restricted Share Rights that
have vested under the terms of
the Kiwi Property Group
Limited Share Rights Plan
Reason for issue/acquisition/redemption and specific authority
for issue/acquisition/redemption/ (the reason for change must
be identified here)
Exercise of Restricted Share
Rights pursuant to the Kiwi
Property Group Limited Share
Rights Plan
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.
1,593,094,694
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, acquisition, or redemption,
including a reference to the rule pursuant to which the issue,
acquisition, or redemption is made
Authorised by board resolution
dated 18 February 2021,
permitted under listing rule 4.6.
Terms or details of the issue, acquisition, or redemption (for
example: restrictions, escrow arrangements)
The issued shares rank equally
with existing fully paid ordinary
shares

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

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 Steve Penney
Contact person for this announcement Steve Penney
Contact phone number +64 9 359 4025
Contact email address steve.penney@kp.co.nz
Date of release through MAP

4 June 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).