Capital Change Notice - Employee Share Schemes

Capital Change Notice


Section 1: Issuer information
Name of issuer PaySauce Limited
NZX ticker code PYS
Class of financial product Ordinary Shares
ISIN (If unknown, check on NZX website) N/A
Currency NZD
Section 2: Capital change details
Number issued 411,413
Nominal value (if any) N/A
Issue/acquisition/redemption price per security
1. 351,375 @ $0.2596 per
share (being the Average
Market Price of a PYS
share at the date of
allotment (31 March 2023).
2. 60,038 @ $0.2842 per
share (being the Average
Market Price of a PYS
share at the date of
allotment (31 March 2022).
Nature of the payment (for example, cash or other
consideration)
1. F23 Employee Share
Scheme
2. F22 Employee Share
Scheme
For both schemes, the shares
were issued unpaid as
Employee Share Scheme
Shares. Some of the vested
shares have now been paid up
on employees’ behalf by PYS
by way of a discretionary
bonus.
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)
0.29% of all ordinary shares
on issue in PYS
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)
Shares are the award issued
to staff as all tranches of both
the F22 Employee Share
Scheme and F23 Employee
Share Scheme have now
vested.
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.
143,168,826
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
Listing Rules 4.6 and Board
Resolution.
Terms or details of the issue, acquisition, or redemption (for
example: restrictions, escrow arrangements)
Once fully paid up, Employee
Share Scheme Shares
become PaySauce Ordinary
Shares. The new shares will
rank equally with all other fully
paid ordinary shares on issue.
Date of issue/acquisition/redemption 31 March 2025
Section 3: Authority for this announcement and contact person
Name of person authorised to make this announcement Jaime Monaghan
Contact person for this announcement Jaime Monaghan
Contact phone number +64 22 5246 366
Contact email address jaime@paysauce.com
Date of release through MAP
31 March 2025