Burger Fuel Group confirms implementation of capital return

NZX ANNOUNCEMENT
5 June 2024
CAPITAL RETURN TO SHAREHOLDERS IMPLEMENTED
Burger Fuel Group Limited (BFG) has today implemented its return of approximately $4.077 million of
capital to its shareholders.
As part of the capital return, 30% of the shares held by each shareholder at 5:00pm on Tuesday 4 June
2024 (which was the record date for the capital return) have been cancelled. If multiplying the number of
shares owned by shareholders by 0.30 did not result in a whole number, then the resulting number was
rounded up or down to the nearest whole number of shares (with 0.5 rounded up). The total number of
shares on issue following the capital return is 35,235,787.
Payments to shareholders will be processed by 18 June 2024 in accordance with the terms of the capital
return.
ENDS

Mark Piet
Chief Financial Officer,
Burger Fuel Group Limited
Mark.Piet@Burgerfuel.com
Phone 021 453 333

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Capital Change Notice

Updated as at June 2023



Section 1: Issuer information
Name of issuer Burger Fuel Group Limited
NZX ticker code BFG
Class of financial product Burger Fuel Group Limited
Ordinary Shares
ISIN (If unknown, check on NZX website) NZBFWE0001S6
Currency NZD
Section 2: Capital change details
Number issued/acquired/redeemed 15,101,076
Nominal value (if any) N/A
Issue/acquisition/redemption price per security $0.27
Nature of the payment (for example, cash or other consideration) Cash.
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

30%.
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)
N/A.
Reason for issue/acquisition/redemption and specific authority for
issue/acquisition/redemption/ (the reason for change must be
identified here)
Return of capital to shareholders
by way of a High Court approved
scheme of arrangement under
Part 15 of the Companies Act
1993 (Scheme).
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.
35,235,787

No treasury stock
In the case of an acquisition of shares, whether those shares are to
be held as treasury stock
N/A – shares subject to the return
of capital will be cancelled
Specific authority for the issue, acquisition, or redemption, including
a reference to the rule pursuant to which the issue, acquisition, or
redemption is made
An order of the High Court of New
Zealand pursuant to Part 15 of the
Companies Act 1993.
Terms or details of the issue, acquisition, or redemption (for
example: restrictions, escrow arrangements)
30% of shares held by each
shareholder at 5:00pm on the
Record Date for the Scheme
(being Tuesday 4 June 2024)
were cancelled (together with all
rights attached to those shares).
If multiplying the number of
shares owned by shareholders by
0.30 (being the decimal form of
30%) did not result in a whole
number, then the resulting

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

number was rounded up or down
to the nearest whole number of
shares (with 0.5 rounded up).
BFG shall pay NZ$0.27 to each
shareholder for each share
cancelled by Tuesday 18 June
2024 in accordance with the
terms of the Scheme.
Date of issue/acquisition/redemption
2
05/06/2024
Section 3: Authority for this announcement and contact person
Name of person

authorised to make this announcement Mark Piet
Contact person for this announcement Mark Piet
Contact phone number
021 453 333
Contact email address Mark.Piet@Burgerfuel.com
Date of release through MAP

05/06/2024




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).