Capital Change Notice - settlement of institutional offer

Capital Change Notice







Section 1: Issuer information
Name of issuer Channel Infrastructure NZ
Limited
NZX ticker code CHI
Class of financial product Ordinary Shares
ISIN (If unknown, check on NZX website) NZNZRE0001S9
Currency NZD
Section 2: Capital change details
Number issued/acquired/redeemed 14,043,840
Nominal value (if any) N/A
Issue/acquisition/redemption price per security $1.60
Nature of the payment (for example, cash or other
consideration)
Cash
Amount paid up (if not in full) Fully paid
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)
3.708%
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)
Allotment of ordinary shares
under the institutional
component of the fully
underwritten accelerated
renounceable entitlement offer
announced to NZX on 25
November 2024
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.
392,799,881
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 dated 22
November 2024 and pursuant
to NZX Listing Rule 4.3.1(a)
Terms or details of the issue, acquisition, or redemption (for
example: restrictions, escrow arrangements)
New Ordinary Shares which on
issue rank equally with all

existing Ordinary Shares in
Channel Infrastructure NZ
Limited
Date of issue/acquisition/redemption 3 December 2024
Section 3: Authority for this announcement and contact person
Name of person

authorised to make this announcement
Chris Bougen
Contact person for this announcement
Chris Bougen
Contact phone number
+64 9 432 5100
Contact email address
Chris.Bougen@channelnz.com
Date of release through MAP

3 December

2024