Auckland International Airport Ltd (“AIA”) – Trading Halt

NZX Limited
Level 2, NZX Centre
11 Cable Street
PO Box 2959
Wellington 6140
New Zealand
Tel +64 4 472 7599

www.nzx.com

Memorandum

To:
Market Participants
From:
NZX Product Operations
Date:
Monday, 16 September 2024
Subject
: Auckland International Airport Limited (“AIA”) – Trading Halt of Securities


Message
:
NZ RegCo has approved a trading halt application from Auckland International Airport Limited
(“AIA”). Trading in AIA equity and quoted debt securities was halted prior to market pre-open
today.

Attached is the trading halt application, for further information.

Please contact NZX Product Operations on +64 4 496 2853 or productoperations@nzx.com
with any queries.

ENDS

---

Auckland International Airport Limited, PO Box 73020, Auckland Airport, Manukau 2150, New Zealand
louise.martin@aucklandairport.co.nz +64 27 359 1106 aucklandairport.co.nz
16 September 2024
Private and Confidential
By email
NZX Limited
Level 2, NZX Centre
11 Cable Street
Wellington
NEW ZEALAND

ASX Limited
20 Bridge Street
Sydney, NSW, 2000
AUSTRALIA

REQUEST FOR TRADING HALT – AUCKLAND INTERNATIONAL AIRPORT LIMITED (NZX: AIA, ASX: AIA)

1. Auckland Airport requests a trading halt to be applied to its ordinary shares quoted on NZX and ASX, and AIA230,
AIA240, AIA250, AIA260, AIA270 and AIA280 bonds quoted on NZX ("Securities")

under ASX Listing Rule 17.1 and NZX
Listing Rule 9.9.1(a) and sets out below details of the request as per the rules of each of ASX and NZX.

2. Auckland Airport would like the trading halt to commence from pre-market open today (being 8.30am NZT) until the
earlier of market open (being 10.00am NZT) on 18 September 2024 or the time of the announcement that the
Placement (defined below) has completed, which is expected to occur during the course of tomorrow, 17 September
2024. Auckland Airport expects to be able to make an announcement that the Placement has completed on 17
September 2024.

Reasons for trading halt

3. Auckland Airport proposes to undertake a capital raising, comprising an offer of NZ$1,200 million of ordinary shares
to institutional and other select investors (the "Placement") to be conducted by Jarden Securities Limited, Jarden
Partners Limited, Macquarie Capital (New Zealand) Limited and Macquarie Securities (NZ) Limited, followed by a retail
offer of up to NZ$200 million of ordinary shares (with the ability to accept oversubscriptions) to Auckland Airport's
eligible existing shareholders ("Retail Offer"). The Placement is fully underwritten by Jarden Partners Limited and
Macquarie Securities (NZ) Limited.

4. The announcement of the Placement may be price sensitive for Auckland Airport's Securities and / or otherwise
material for Auckland Airport.

5. Auckland Airport advises that the ordinary shares issued under the Placement will be issued at a fixed price of
NZ$6.95 per share. The level of demand for the shares will not be known until the Placement bookbuild has been

Auckland International Airport Limited, PO Box 73020, Auckland Airport, Manukau 2150, New Zealand
louise.martin@aucklandairport.co.nz +64 27 359 1106 aucklandairport.co.nz
completed, and consequently the trading halt has been sought to facilitate an orderly market, consistent with what
Auckland Airport understands to be normal practice.

How long we want the trading halt to last

6. Accordingly, Auckland Airport requests a halt in the trading of Auckland Airport's Securities from pre-market open
today (being 8.30am NZT) until the earlier of the time of the announcement that the Placement has completed or
market open (being 10.00am NZT) on 18 September 2024.

7. As soon as the trading halt is applied, Auckland Airport expects to be in a position to announce to the market via the
NZX Market Announcement Platform and Bloomberg that the Placement is occurring (including an NZX cleansing
notice and investor presentation) and is proposed to be followed by the Retail Offer. The halt should continue to
apply despite these announcements being made - it is only the announcement relating to completion of the
Placement that should lift the trading halt. Auckland Airport will confirm with you at the time that announcement is
made that the halt should be lifted.

The event we expect to happen that will end the trading halt

8. Auckland Airport expects the trading halt to end once it is in a position to announce the outcome of the Placement on
NZX and ASX. Auckland Airport expects this to occur on 17 September 2024.


9. Auckland Airport confirms it has no other information necessary to inform the market about the trading halt or that
ASX or NZ RegCo have requested and that it is not aware of any reason why the trading halt should not be granted.

10. Auckland Airport will advise you upon becoming aware if the announcement referred to above will not be made or if
there is to be a change in timeframe.

11. Please contact Auckland Airport if you require further information in relation to the above.

Yours sincerely

Louise Martin
Head of Legal, Auckland Airport
+64 27 359 1106
louise.martin@aucklandairport.co.nz