Allotment of Dividend Reinvestment Plan Securities

IMMEDIATE – 14 March 2025

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Template
Capital Change Notice

Updated as at 17 October 2019



Section 1: Issuer information
Name of issuer Investore Property Limited
NZX ticker code IPL
Class of financial product Ordinary Shares
ISIN (If unknown, check on NZX website) NZIPLE0001S3
Currency NZD
Section 2: Capital change details
Number issued/acquired/redeemed 2,070,544 new shares
Nominal value (if any) N/A
Issue/acquisition/redemption price per security $1.07312500
Nature of the payment (for example, cash or other
consideration)
Cash, satisfied by reinvestment
of dividend pursuant to the
Dividend Reinvestment Plan
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)
1

0.55%
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)
Issue of shares to those who
have elected to participate in
the Dividend Reinvestment Plan
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.
377,623,361 shares
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
Dividend Reinvestment Plan
terms and Board Resolutions
dated 28 June 2023 and 18
February 2025
Terms or details of the issue, acquisition, or redemption (for
example: restrictions, escrow arrangements)
The issued shares will rank
equally with all other existing
fully paid shares

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

Date of issue/acquisition/redemption
2
14/03/2025
Section 3: Authority for this announcement and contact person
Name of person

authorised to make this announcement Louise Hill
Contact person for this announcement Louise Hill
Contact phone number 0275580033
Contact email address Louise.hill@strideproperty.co.nz
Date of release through MAP

14/03/2025




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).