Capital Change Notice

Template
Capital Change Notice

Updated as at February 2025

Please do not amend or delete individual rows. As this template relates to prescribed content, changes to content should only be
made where it is clearly indicated that this is permitted, otherwise, if an Issuer considers a particular element does not apply, mark
the row as N/A. Any other changes to this prescribed form must first be approved by NZX as required under NZX Listing Rule 3.26.1.

Section 1: Issuer information
Name of issuer ikeGPS Group Limited
NZX ticker code IKE
Class of financial product Ordinary Shares
ISIN (If unknown, check on NZX website) NZIKEE0001S9
Currency NZD
Section 2: Capital change details
Number issued/acquired/redeemed 161,478
Nominal value (if any) N/A
Issue/acquisition/redemption price per security $ 0.92, $0.75
Nature of the payment (for example, cash or other
consideration)
Net Settlement of Unlisted Share Options
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

0.1%
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)
Exercise Date: 21 May 2025, 03 June 2025, 20 June
2025
Exercise Price: $0.75, $0.475

Reason for issue/acquisition/redemption and specific
authority for issue/acquisition/redemption/ (the reason
for change must be identified here)
Net Settlement of 1,260,000 unlisted share
options
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.
161,255,996
In the case of an acquisition of shares, whether those
shares are to be held as treasury stock
N/A

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

Specific authority for the issue, acquisition, or
redemption, including a reference to the rule pursuant
to which the issue, acquisition, or redemption is made
Directors’ Resolutions dated 21 August 2019
Terms or details of the issue, acquisition, or redemption
(for example: restrictions, escrow arrangements)
The shares were issued with identical rights,
privileges, limitations, and conditions as, and
rank equally with, the existing ordinary
shares.
Date of issue/acquisition/redemption
2
30/06/2025
Section 3: Disclosure required for Placements made under Rule 4.5.1
[Issuers may opt to release Section 3 information (if not already done so) in a separate announcement within five Business Dats of the issuance.
Delete this Section 3 if capital change is not the result of a Placement under Rule 4.5.1]

Details of the approach in identifying investors who
were able to participate in the offer and how their
respective allocations in the offer were determined.

The explanation must set out the key objectives and
criteria the Issuer adopted in the allocation process,
whether one of those objectives was a best effort to
allocate on a pro rata basis to existing holders of the
Issuer’s Equity Securities, and any significant exceptions
or deviations from those objectives and criteria.
N/A
Section 4: Authority for this announcement and contact person
Name of person authorised to make this announcement James Macdonald
Contact person for this announcement James Macdonald
Contact phone number +64 4 382 8064
Contact email address james.macdonald@ikegps.com
Date of release through MAP 30/06/2025




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).