Capital Change Notice – Unquoted Restricted Shares

Capital Change Notice

Updated as at June 2023

Section 1: Issuer information
Name of issuer Black Pearl Group Limited
NZX ticker code BPG
Class of financial product Unquoted Restricted Shares
(Restricted Shares)
ISIN (If unknown, check on NZX website) N/A
Currency NZD
Section 2: Capital change details
Number issued/acquired/redeemed 24,000 Restricted Shares.
Nominal value (if any) N/A
Issue/acquisition/redemption price per security $1.00 in aggregate for all 24,000
Restricted Shares.
Nature of the payment (for example, cash or other
consideration)
$1.00 in cash consideration.
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

12.5%
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)
Exercise of redemption by BPG
of Restricted Shares pursuant to
the terms of issue.
Authorised for redemption by
Board Resolution, Director’s
Certificate and NZX Listing Rules
3.13.1 and 4.14.1(d)(i).
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.
168,000 Restricted Shares of the
same Class.
In the case of an acquisition of shares, whether those
shares are to be held as treasury stock
N/A

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

Specific authority for the issue, acquisition, or redemption,
including a reference to the rule pursuant to which the issue,
acquisition, or redemption is made
Board Resolution, Director’s
Certificate and NZX Listing Rules
3.13.1 and 4.14.1(d)(i).
Terms or details of the issue, acquisition, or redemption (for
example: restrictions, escrow arrangements)
The applicable Restricted Shares
are cancelled immediately on
redemption by BPG.
Date of issue/acquisition/redemption
2
18/09/2024
Section 3: Authority for this announcement and contact person
Name of person

authorised to make this announcement Karen Cargill
Contact person for this announcement Karen Cargill
Contact phone number +64 21 135 5183
Contact email address karen.cargill@blackpearlmail.com
Date of release through MAP

18/09/2024




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).