Steel & Tube - Capital Change Notice - June 2025

Template
Capital Change Notice

Updated as at June 2023

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 Steel & Tube Holdings Limited
NZX ticker code STU
Class of financial product Partly paid ordinary shares
ISIN (If unknown, check on NZX website) NZSUTE0001S5
Currency NZD
Section 2: Capital change details
Number issued/acquired/redeemed 25,000
Nominal value (if any) N/A
Issue/acquisition/redemption price per security N/A
Nature of the payment (for example, cash or other
consideration)
N/A
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

0.013612%
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)
Partly paid shares issued to an
employee on 1 Dec 2000 pursuant
to clause 8(3) of the Senior
Executive Share Scheme (1993).
The Company has called for the
payment of balance of the unpaid
share capital from the
shareholder. Personal
representatives of the shareholder
have elected not to pay the unpaid
amount. As a result, the board has
resolved that the shares are forfeit
in accordance with clause 8.2 of
the Company’s Constitution. The
Company has then cancelled the
shares in accordance with section

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

66 of the Companies Act and
clause 8.3 of the Company’s
Constitution.
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.
183 632 035
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
Directors’ resolution dated 23
June 2025, clause 8.2 of the
Company’s Constitution and
section 66 of the Companies Act.
Terms or details of the issue, acquisition, or redemption
(for example: restrictions, escrow arrangements)
N/A
Date of issue/acquisition/redemption
2
30/6/2025
Section 3: Authority for this announcement and contact person
Name of person

authorised to make this announcement Richard Smyth
Contact person for this announcement Richard Smyth
Contact phone number +64 21 646 822
Contact email address richard.smyth@steelandtube.co.nz
Date of release through MAP

30/6/2025




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).