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NZ SHARE PURCHASE PLAN TO SUPPORT BUSINESS GROWTH

Capital Raise1 December 2024WCOIndustrials

NZX Market Release
2 December 2024


NZ SHARE PURCHASE PLAN TO SUPPORT BUSINESS GROWTH

WasteCo Group Limited (NZX: WCO) (WasteCo) has announced the formal terms of a share

purchase plan to its existing shareholders (SPP). The SPP is not underwritten.

A total of $5 million is being sought under the SPP, subject to shareholder approval being sought

at the special meeting of shareholders being held on 13 December 2024.

The SPP is available to those existing shareholders recorded in the WasteCo’s share register as

having a New Zealand address as at 5pm on 29 November 2024 (Eligible Shareholders).

Eligible Shareholders are able to apply for up to a maximum of $50,000 of New Shares.

If WasteCo receives applications that, in aggregate, are for more than 250,000,000 New Shares,

scaling will be applied by reference to shareholdings on at 5pm on 29 November 2024. WasteCo

reserves the right to place any amount not subscribed for under the SPP.

Important dates

1


Record Date for determining eligibility of

shareholders for the SPP

5.00pm on 29 November 2024

Opening Date of SPP 2 December 2024

Shareholder meeting to approve SPP allotments 13 December 2024

Closing Date of SPP (last day for online

applications with payment), unless extended by

WasteCo

5.00pm on 17 December 2024

Allotment and issue of New Shares 23 December 2024

Statements mailed 23 December 2024


Additional information

Nothing contained in this announcement constitutes investment, legal, tax or other advice.

Investors are encouraged to seek appropriate professional advice before making any investment

decision.

For any questions in respect of the Offer, please contact MUFG Corporate Markets at

+64 9 375 5998 or email applications@linkmarketservices.co.nz. For other questions, investors

should contact their financial or legal adviser.


1

WasteCo Group Limited reserves the right to amend this timetable (including by extending the Closing

Date) subject to applicable laws and the NZX Listing Rules.

For further information on the content of this announcement, please contact:
Shane Edmond

Independent Chair

WasteCo Group Limited

M: 021 995 519


Important Notices and Disclaimer

This announcement has been prepared for publication in New Zealand, and may not be released

to US wire services or distributed in the United States. This announcement does not constitute

an offer to sell, or a solicitation of an offer to buy, securities in the United State or any other

jurisdiction. Any securities described in this announcement have not been, and will not be,

registered under the US Securities Act of 1993 (the “US Securities Act”) or the securities laws of

any state of other jurisdiction of the United States, and may not be offered or sold in the United

States except in transactions exempt from, or not subject to, registration under the US Securities

Act and applicable US state securities laws.

---

WasteCo Group Limited
Share Purchase Plan Offer Document






NOT FOR RELEASE TO U.S. WIRE SERVICES OR DISTRIBUTION IN THE UNITED STATES.

This is an important document. You should read the whole document before deciding whether to subscribe for shares.

If you have any doubts about what to do, please consult your financial or legal adviser.



Apply online at

https://wco.capitalraise.co.nz by 5:00pm (New Zealand time) on 17 December 2024


Dated 2 December 2024

IMPORTANT INFORMATION
Apply online at

https://wco.capitalraise.co.nz by 5:00pm on 17 December

2024.


General information

This document has been prepared by WasteCo Group Limited

(WCO) in connection with an offer of new ordinary shares in

WCO to Eligible Shareholders (New Shares) under a share

purchase plan offer (Offer).

This document is prepared in reliance upon, and the SPP is

made under, the exclusion in clause 19 of Schedule 1 of the

Financial Markets Conduct Act 2013.


This document is not a product disclosure statement, prospectus,

or other disclosure document and does not contain all of the

information which may be required in order to make an informed

investment decision about the Offer or WCO.


Additional information available under continuous

disclosure obligations

WCO is subject to continuous disclosure obligations that requires

it to notify certain material information to NZX for the purpose of

that information being made available to participants in the NZX

Main Board financial product market operated by NZX.

Announcements released by WCO, including its most recent

annual report and financial statements, are available at

www.nzx.com

under ticker code “WCO” or at the website

https://wasteco.co.nz.

WCO may, during the period of the Offer, make additional

announcements to the NZX. To the maximum extent permitted

by law, no announcement by WCO to the NZX will permit an

applicant to withdraw any previously submitted application

without WCO’s prior consent, whether or not there has been any

permissible variation of the Offer.

WCO encourages you to read this document and to seek

investment advice from a suitably qualified professional adviser

before you consider investing.

The market price for the Shares may change between the

opening date, the date you apply for New Shares under the SPP

and the Allotment Date. Accordingly, the price paid for New

Shares issued under the SPP may be higher or lower than the

price at which Shares are trading on the NZX Main Board at the

time the New Shares are issued under the SPP. The market

price of Shares following allotment may be higher or lower than

the Issue Price.

Offering restrictions

This document is intended for use only in connection with the

offer to Eligible Shareholders with a registered address in New

Zealand. This document does not constitute an offer or invitation

in any place in which, or to any person to whom, it would not be

lawful to make such an offer or invitation.

No action has been taken to permit a public offering of the New

Shares in any jurisdiction outside New Zealand.

The Offer may also be made and accepted in such other places

where a shareholder satisfies WCO that the Offer can lawfully be

made and accepted. However, shareholders in the United States

are not eligible to participate in the Offer. Similarly, shareholders

(including trustees, Custodians and nominees) who hold Shares

on behalf of persons in the United States, or are acting for the

account or benefit of persons in the United States, are not eligible

to participate in the Offer on behalf of those persons.

The distribution of this document (including an electronic copy)

in a jurisdiction outside New Zealand may be restricted by law

and persons who come into possession of it (including nominees,

trustees or custodians) should seek advice on and observe any

such restrictions.

No person may subscribe for, purchase, offer, sell, distribute or

deliver New Shares, or be in possession of, or distribute to any

other person, any offering material or any documents in

connection with the New Shares, in any jurisdiction unless in

compliance with all applicable laws and regulations. Without

limiting the foregoing, this document may not be sent to or

distributed in the United States.

This document does not constitute an offer to sell, or the

solicitation of an offer to buy, any Shares in the United States or

in any place in which, or to any person to whom, it would not be

lawful to make such an offer or solicitation. The Shares to be

offered and sold under this Offer have not been, and will not be,

registered under the U.S. Securities Act of 1933, as amended

(the "U.S. Securities Act"), or the securities laws of any state or

other jurisdiction of the United States, and may not be offered or

sold in the United States or to any person acting for the account

or benefit of a person in the United States except in accordance

with an available exemption from, or in a transaction not subject

to, the registration requirements of the U.S. Securities Act and

any other applicable securities laws.

WCO may refuse any application received from a person that it

does not consider eligible to participate in the Offer.

No Guarantee

There is no guarantee that the Offer will proceed nor any

guarantees about the future performance of WCO or any return

on any investment made under this document.

Decision to participate in the Offer

The information in this document does not constitute financial

product advice or a recommendation to acquire Shares. This

document has been prepared without taking into account the

investment objectives, financial, or taxation situation or particular

needs of any applicant or investor.

Forward Looking Statements

This document contains certain statements that relate to the

future. Such forward looking statements are not a guarantee of

future performance and involve known and unknown risks,

uncertainties, assumptions and other factors, many of which are

beyond the control of WCO and which may cause the actual

results, performance or achievements of WCO to differ materially

from those expressed or implied by such statements.

Under no circumstances should you regard the inclusion of

forward looking statements in this document as a guarantee of

future performance.

The statements, although made in good faith, involve known and
unknown risks, uncertainties and assumptions, many of which

are beyond WCO’s control.

Privacy

Any personal information provided by Eligible Shareholders

online will be held by WCO and/or MUFG Corporate Markets at

the addresses set out in the Directory. This information will be

used for the purposes of administering your investment in WCO

and will be disclosed to third parties only with your consent or if

required by law. Under the Privacy Act 2020 (New Zealand), you

have the right to access and correct any personal information

held about you.

Dilution effects of the Offer

Shareholders not participating in the Offer will experience dilution

to their current percentage holding in WCO.

Changes to the Offer

Subject to the NZX Listing Rules and the applicable laws, WCO

reserves the right to alter the dates set out in this document.

Withdrawal of Offer

WCO reserves the right to cancel the Offer at any time prior to

the Issue Date, in which case all application monies will be

refunded within 10 Business Days of the Offer being withdrawn.

No interest will be payable on amounts refunded.

Enquiries

Enquiries about the Offer can be directed to an NZX Firm or your

financial or legal adviser. If you have any questions about your

entitlement, or how to apply online, please contact MUFG

Corporate Markets.

Times

All references to time in this document are to New Zealand time.

Dollar amounts

All dollar amounts referenced in this Offer Document are in New

Zealand dollars.

Defined terms

Capitalised terms used in this Offer booklet have the specific

meaning given to them in the Glossary at the back of this Offer

booklet or in the relevant section of this Offer booklet.



4



Dear Shareholders,

WasteCo Group Limited (WasteCo) announced on 22 November 2024 that:

• WasteCo had entered into a $9 million conditional agreement to acquire 100% of the shares in Civic

Waste Limited, a leading North Island-based waste management company (Civic Waste Acquisition).

• Empire Waste Technology Limited (Empire) has agreed to subscribe to a $15 million convertible note

issued by WasteCo (Notes), with the funds from the issue of the Notes to be used to fund the Civic Waste

Acquisition.

• WasteCo planned to offer a share purchase plan (SPP) to allow existing shareholders to participate in

WasteCo’s growth, subject to shareholder approval. That approval is being sought at a special meeting of

shareholders to be held on 13 December 2024 (Special Shareholder Meeting).

On behalf of the Directors of WasteCo, we are pleased to offer shareholders the opportunity to participate in the

SPP at an issue price of $0.02 per share.

A total of $5 million is being sought under the SPP, subject to shareholder approval to be sought at the Special

Shareholder Meeting.

The SPP will be available to all shareholders registered as at 29 November 2024 as a holder of shares in

WasteCo and with an address recorded in WasteCo’s share register that is in New Zealand. Eligible shareholders

are entitled to apply for up to $50,000 of new shares under the SPP. WasteCo reserves the right to place any

amount not subscribed for under the SPP.

Eligible shareholders have until 5.00pm (NZDT) on 17 December 2024 to apply at the following link:


https://wco.capitalraise.co.nz

Before making your investment decision, I encourage you to read this document which includes all the formal

terms for the SPP, as well as recent information released by WasteCo to NZX available at www.nzx.com

under the

ticker code “WCO”.

If you are in doubt as to what you should do, you should consult your financial or professional adviser or a NZX

Broker.

Yours sincerely,


Shane Edmond

Chairman

WasteCo Group Limited


5

KEY INFORMATION

The Offer An offer of up to NZ$50,000 of New Shares per Eligible Shareholder.

There is no minimum application amount for the Offer.

Eligibility You may participate in the Offer if you are a shareholder at 5.00pm (NZT) on the

Record Date of 29 November 2024 recorded in WCO’s share register that is in New

Zealand as being a registered holder of Shares. You may not participate if you

reside outside New Zealand, or you are acting for the account or benefit of a person

in the United States. Similarly, if you hold Shares on behalf of a person who

resides outside New Zealand, you may not participate in respect of that person.

Transferability The Offer is personal to you. It cannot be transferred to another person.

Application amount If you wish to participate in this Offer, you apply for a dollar amount of Shares, not

for a certain number of Shares.

Eligible Shareholders can apply for Shares up to a maximum amount of NZ$50,000.

You will receive the number of Shares equal to the dollar amount of Shares you

have applied for divided by the Issue Price (subject to scaling as described below).

If, once divided by the Issue Price, the dollar amount of Shares you have applied for

(or are allocated) does not equal a whole number of Shares, the number of Shares

allotted to you will be rounded to the nearest Share. Refunds will not be paid for

any fractional entitlements.

Issue price NZ$0.02 per New Share.

New Shares The same class as (and rank equally with) existing quoted Shares on the Issue Date.

Amount of New Shares

being offered

Up to 250,000,000 New Shares will be issued under the Offer, being approximately

29.5% of the Shares on issue in WCO.

If excess applications are received, scaling will be applied by reference to Eligible

Shareholders’ shareholdings on the Record Date.

The board of directors of WasteCo reserve the right to place any shortfall amount

not subscribed for.

When to apply Applications must be received by 5.00pm on the Closing Date (17 December 2024,

unless extended).

How to apply Application is made online at

https://wco.capitalraise.co.nz . Payment instructions

will be provided.

You should read the instructions in this document carefully.

Eligible Shareholders should make payment for the exact dollar mount applied for

on the application, in accordance with the share parcel selected.

Payment for applications made online must be made by direct debit. Alternatively

Eligible Shareholders due any debt from the Company may offer to set-off some or

all of their subscription obligation against some or all of the debt due to them by

notice in writing to the Company.

To be valid, your application (and, if applicable, Custodian Certificates) and

payment must be received by MUFG Corporate Markets by 5.00pm (NZT) on 17

December 2024. Applications or payment received after that date will only be

accepted at WCO’s discretion. If applicable Custodian Certificates are required,

they should be returned in the following manner:

BY EMAIL: applications@linkmarketservices.co.nz

(Please use “WCO SPP” as the subject of the email)

Receiving your Shares You will receive your New Shares on or about 23 December 2024.

Offer size and scaling WCO is seeking to raise up to $5 million under this Offer. Applications may need to

be scaled depending on the applications received.

If applications are scaled, WCO will scale back the number of shares to be allotted

under this Offer to each application having regard to the number of shares held by

the applicant at the Record Date and otherwise at its discretion.

Shareholder approval Allotments of the New Shares is subject to approval of shareholders, to be sought

at a special meeting of shareholders to be held on Friday 13 December 2024.


6

IMPORTANT DATES

Record Date for eligibility 5.00 pm (NZT), 29 November 2024 The date on which Eligible Shareholders

are determined.

Opening date 2 December 2024 SPP opens.

Shareholder meeting 13 December 2024 To confirm shareholder approval for the

SPP allotments

Closing Date 5.00 pm, 17 December 2024 SPP closes. Applications and payments

(by direct debit) must be received by no

later than 5.00pm.

Allotment and Issue of

New Shares

23 December 2024 Shares are allotted.

Statements mailed By 23 December 2024 Allotment statements are despatched to

participating shareholders within 5

business days of the Issue Date.


Dates are subject to change and are indicative only. WCO reserves the right to amend this timetable (including by

extending the Closing Date) subject to applicable laws and the NZX Listing Rules. WCO reserves the right to

withdraw the Offer and issue New Shares at any time before the Issue Date in its absolute discretion.



7

TERMS AND CONDITIONS

1 Key Information and Important Dates

The Key Information and Important Dates sections

above form part of these terms and conditions.

2 Eligible Shareholders

Joint holders of Shares are taken to be a single

registered holder of Shares for the purposes of

determining whether they are an Eligible Shareholder

and the certification provided is taken to have been

given by all of them.

If you are an Eligible Shareholder, your rights under

this offer are personal to you and you may not transfer

them.

WCO reserves the right not to extend the offer in this

SPP to Eligible Shareholders in a jurisdiction outside

New Zealand in circumstances where it considers that

so extending the Offer may breach the legal

requirements of that jurisdiction.

3 Issue Price and Number of Shares

The Issue Price for New Shares under the Offer is

NZ$0.02 per New Share.

If you are an Eligible Shareholder you may:

(a) Full application: Subscribe for an amount of

New Shares that amount to NZ$50,000.

(b) Specified application: Subscribe for any

amount of New Shares as specified by you that

does not exceed NZ$50,000.

(c) No application: Do nothing and your ability to

apply for New Shares under this Offer will lapse.

The market price of the Shares may change between

the date this SPP opens, the date you apply for New

Shares under the SPP and the date on which New

Shares are allotted to you. As a result, the Issue Price

may be higher, equal to or lower than the price at

which WCO’s Shares are trading on the NZX Main

Board at the time the Shares are allotted to you.

There is no certainty that Shares will trade at or above

the Issue Price following the issue of Shares under the

SPP. Therefore, you should seek your own financial

advice in relation to this SPP and your participation

under it. The current Share market price is quoted on

the NZX website: www.nzx.com

.

Further information about WCO, including its most

recent financial statements, can be obtained from

WCO’s website: www.wasteco.co.nz

.. You may

obtain, free of charge, the most recent annual report

and financial statements of WCO by contacting WCO

(for details, please refer to the Directory). You are also

recommended to monitor WCO’s market

announcements through the NZX website.

4 Custodians

Any Eligible Shareholder that:

(a) is a trustee corporation or a nominee company

and holds Shares in WCO by reason only of

acting for another person in the ordinary course of

business of that trustee corporation or nominee

company; or

(b) holds Shares in WCO by reason only of being a

bare trustee of a trust to which the Shares are

subject,

is a custodian (Custodian) under this Offer.

A separate application must be completed for each

beneficial owner for whom a Custodian is acting.

WCO will treat each such application as a separate

application despite them all being in the name of the

Custodian.

If a Custodian applies to purchase New Shares on

behalf of a beneficial owner, the Custodian must

certify to WCO in writing:

(a) that the Custodian holds Shares directly or

indirectly as a Custodian for beneficial owners;

and

(b) that the beneficial owner on whose behalf the

Custodian is submitting the application is not

making an application themselves as an Eligible

Shareholder for New Shares under this Offer, and

no other Custodian is submitting an application

under this Offer for that beneficial owner.

5 Applications

Eligible Shareholders may apply to purchase up to

$50,000 of Shares under the Offer. There is no

minimum application under the Offer. Eligible

Shareholders may only make one application. This

applies to all Eligible Shareholders, including those

who receive more than one offer under the Offer (for

example, because they hold Shares in more than one

capacity).

Application monies received will be held in a trust

account with MUFG Corporate Markets until the

corresponding New Shares are allotted or the

application monies are refunded. All interest earned

on the application monies will be retained by WCO.

Any refunds of application monies will be made within

5 business days of the issue of New Shares (or such

earlier date that the decision not to proceed with the

Offer is made).

6 Applying and paying for New Shares

To participate in the Offer you must complete an

application and provide payment in accordance with

the instructions on the online application platform.

You will require your CSN / Holder Number and

Entitlement Number to apply online.

7 Discretion to accept or reject applications

WCO has complete discretion to accept or reject your

application to purchase New Shares under the Offer,

including (without limitation) if:

• your direct debit is dishonoured;

• WCO believes that you are not an Eligible

Shareholder; or

• WCO considers that your application does not

comply with these terms and conditions.

No interest will be paid on any application monies

returned to you. Any refunds for whatever reason will

be paid to you by direct credit to your bank account or

by cheque mailed within 5 business days of the Issue

Date.


8 Significance of applying

If you apply to purchase New Shares under the Offer:

• your application, on these terms and conditions,

will be irrevocable and unconditional;

• you certify that you are an Eligible Shareholder

entitled to apply for New Shares;

• you certify that your application will not be, or

cause, a breach of any law in any jurisdiction;

• you authorise WCO to correct any error in, or

omission from, your application;

• you acknowledge that none of WCO, its advisors

or agents has provided you with investment advice

or financial product advice; and

• you irrevocably and unconditionally agree to these

terms and conditions.

9 The New Shares

New Shares issued under the Offer will rank equally

with, and have the same rights as, existing fully paid

Shares in WCO.

The New Shares have been accepted for quotation on

the NZX Main Board. However, NZX accepts no

responsibility for any statement in this document.

10 Scaling

The number of New Shares intended to be issued is

up to 250,000,000.

If WCO receives applications that, in aggregate, are

for more than 250,000,000 New Shares, scaling will

be applied by reference to Eligible Shareholders’

shareholdings on the Record Date.

11 Amendments to Offer

Notwithstanding any other term or condition of the

Offer, WCO may, at its discretion:

• make non-material modifications to the Offer on

such terms and conditions it thinks fit; and/or

• suspend or terminate the Offer at any time prior to

the issue of the New Shares under the Offer. If the

Offer is terminated, application monies will be

refunded to applicants without interest within 5

business days of termination.

WCO reserves the right to waive compliance with any

provision of these terms and conditions.

WCO will notify NZX of any waiver, amendment,

variation, suspension, withdrawal or termination of the

Offer.

12 Quotation of New Shares

The New Shares will be quoted on the NZX Main

Board. The NZX Main Board is a licensed market

operated by NZX Limited, which is a licensed market

operator regulated under the Financial Markets

Conduct Act 2013. NZX accepts no responsibility for

any statement in this document.

It is expected that you will be able to commence

trading the New Shares allotted to you under the SPP

on the NZX Main Board on the Issue Date (being 23

December 2024, unless extended).

13 Governing Law

These terms and conditions shall be governed by and

construed in accordance with the laws of New

Zealand.

14 Glossary

“Closing Date” means 5.00 p.m. on 17 December

2024, unless extended.

“Eligible Shareholder” means a Shareholder who,

at 5.00pm on the Record Date, was recorded in

WCO’s share register as a registered holder of

Shares with a New Zealand address.

“Issue Date” means 23 December 2024, unless

extended.

“Issue Price” means NZ$0.02 per New Share.

“Listing Rules” means the NZX Main Board Listing

Rules.

“MUFG Corporate Markets” means MUFG

Corporate Markets, a division of MUFG Pension &

Market Services (MUFG Pension & Market Services

(NZ) Limited , previously Link Market Services

Limited).

“New Share” means an ordinary share in WCO

offered under the Offer and of the same class (and

ranking equally in all respects with) WCO’s quoted

existing shares at the time of the issue of the New

Shares.

“NZX” means NZX Limited.

“NZX Main Board” means the main board equity

security market operated by NZX.

“Offer” means the share purchase plan detailed in

this letter.

“Record Date” means 5.00 p.m. 29 November

2024.

“Share” means one ordinary fully paid share in

WCO.

“Shareholder” means a registered holder of Shares

on issue.

“WCO” means WasteCo Group Limited (NZX:WCO |

NZBN: 9429031299855).


All references to time are to New Zealand time,

references to currency are to New Zealand dollars,

and any references to legislation are references to

New Zealand legislation unless stated or defined

otherwise.




COMPANY DIRECTORY


Apply online at https://wco.capitalraise.co.nz

by 5:00pm

(NZ time) on 17 December 2024.


ENQUIRIES

Enquiries about this Offer should be directed to an NZX

Firm or your financial or legal adviser.


WASTECO GROUP LIMITED

Registered Office:

c/- James Redmayne

421 Blenheim Road,

Upper Riccarton,

Christchurch 8041,

New Zealand

Website: https://wasteco.co.nz/



DIRECTORS

Shane Edmond – Independent Chairman

David Peterson – Chief Executive Officer

Nigel Franklin – Chief Financial Officer

Roger Gower – Independent Director

James Redmayne – Non-Executive Director

Chris Brown – Chief Operating Officer


LEGAL ADVISORS

Chapman Tripp

Level 34, PwC Tower

15 Customs Street West

Auckland 1010

New Zealand


SHARE REGISTRAR

MUFG Corporate Markets

Level 30

PwC Tower

15 Customs Street West

Auckland 1010

New Zealand

+64 9 375 5998


If you have any queries about your Entitlements, please

contact MUFG Corporate Markets at +64 9 375 5998

or email applications@linkmarketservices.co.nz

.

---

100647744/3469-8854-1490.1

2 December 2024

NZX Limited

Wellington

NOTICE PURSUANT TO CLAUSE 20(1)(A) OF SCHEDULE 8 TO THE FINANCIAL MARKETS CONDUCT

REGULATIONS 2014: WASTECO GROUP LIMITED SHARE PURCHASE PLAN

WasteCo Group Limited (NZX: WCO) (WasteCo) intends to undertake a share purchase plan offer,

which is not underwritten (Offer). The Offer is of up to 250,000,000 new shares of the same class

as already quoted on the NZX Main Board of NZX Limited at a price of NZ$0.02.

Pursuant to clause 20(1)(a) of Schedule 8 to the Financial Markets Conduct Regulations 2014 (FMC

Regulations), and clause 19 of Schedule 1 of the Financial Markets Conduct Act 2013 (FMCA),

WasteCo states that:

• WasteCo is making the offer in reliance upon the exclusion in clause 19 of Schedule 1 to the

FMCA and is giving this notice under clause 20(1)(a) of Schedule 8 to the FMC Regulations.

• As at the date of this notice, WasteCo is in compliance with the continuous disclosure

obligations that apply to it in relation to ordinary shares in WasteCo, and there is no

information that is “excluded information” as defined in clause 20(5) of Schedule 8 to the FMC

Regulations.

• As at the date of the notice, WasteCo is in compliance with its financial reporting obligations.

The offer is not expected to have any material effect or consequence on the control of WasteCo.

Yours faithfully


Shane Edmond

Independent Chair

WasteCo Group Limited

---

Corporate Action Notice
(Other than for a Distribution)

Updated January 2024

Page 1 of 2

Section 1: Issuer information (mandatory)

Name of issuer WasteCo Group Limited

Class of Financial Product Ordinary shares

NZX ticker code WCO

ISIN (If unknown, check on NZX

website)

NZSNKE0001S9

Name of Registry MUFG Pension & Market Services

Type of corporate action

(Please mark with an X in the relevant

box/es)

Share Purchase

Plan/retail offer


X

Renounceable

Rights issue or

Accelerated

Offer


Capital

reconstruction

Non-

Renounceable

Rights issue or

Accelerated

Offer


Call Bonus issue

Placement

Record date 29/11/2024

Ex Date (one business day before the

Record Date)

28/11/2024

Currency NZD

External approvals required before offer

can proceed on an unconditional basis?

No

Details of approvals required Not applicable

Section 6: Share Purchase Plans/retail offer

Number of Equity Securities to be

issued

OR

Maximum dollar amount of Equity

Securities to be issued

Up to $50,000 per shareholder/beneficial owner with

a registered address in New Zealand, for an

maximum aggregate offer size of up to NZ$5 million.

Shareholder approval to allotments is being sought at

a special meeting of shareholders on 13 December

2024

Minimum application amount (if any) N/A

Maximum application amount per

Equity Security holder

$50,000

Subscription price per Equity Security $0.02 per share

Scaling reference date Scaling according to the record date of 29/11/2024

Closing date 5pm 17/12/2024

Allotment date 23/12/2024

2 of 2
Section 8: Lead Manager and Underwriter (mandatory)

Lead Manager(s) appointed No

Name of Lead Manager(s) Not applicable

Fees, commission or other

consideration payable to Lead

Manager(s) for acting as lead

manager(s)

Not applicable

Underwritten No

Name of Underwriter(s) Not applicable

Extent of underwriting (i.e. amount or

proportion of the offer that is

underwritten)

Not applicable

Fees, commission or other

consideration payable to Underwriter(s)

for acting as underwriter(s)

Not applicable

Summary of significant events that

could lead to the underwriting being

terminated

Not applicable

Section 9: Authority for this announcement (mandatory)

Name of person authorised to make this

announcement

Shane Edmond (Chair, WCO)

Contact person for this announcement Shane Edmond (Chair, WCO)

Contact phone number 021 995 519

Contact email address shane@wasteco.co.nz

Date of release through MAP 2/12/2024

Data sourced from publicly available filings. Our datasets may not be complete. Automated analysis can produce errors. If you believe any data on this page is incorrect, please contact us at hello@nzxplorer.co.nz. For informational purposes only. Not investment advice.