Capital Change Notice

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 Ordinary Shares
ISIN (If unknown, check on NZX website) NZBPGE0004S2
Currency NZD
Section 2: Capital change details
Number issued/acquired/redeemed 232,606 Ordinary Shares.
Nominal value (if any) N/A
Issue/acquisition/redemption price per security 74,822 shares at $1.25 per
share.
157,784 shares at $1.33 per
share.
Nature of the payment (for example, cash or other
consideration)
145,198 Ordinary Shares
(74,822 Ordinary Shares at
$1.25 and 70,376 Ordinary
Shares at $1.33) were issued
as part consideration for the
purchase of NewOldStamp Inc
in accordance with a pre-listing
sale and purchase agreement
dated 28 October 2022 (as
amended).

87,408 Ordinary Shares at
$1.33 were issued as part
consideration for services
provided under independent
contractor agreements with
various contractors.
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

0.37%
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)
Pre-listing Sale and purchase
agreement dated 28 October
2022 (as amended) and pre-
listing independent contractor

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

agreements dated 28 October
2022.
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.
63,729,140
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
Board Resolution.
Terms or details of the issue, acquisition, or redemption (for
example: restrictions, escrow arrangements)
Issue of new ordinary shares in
BPG which rank equally with
all other fully paid ordinary
shares.
Date of issue/acquisition/redemption
2
4/11/2024
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@blackpearl.com
Date of release through MAP

4/11/2024




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).