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Metro announces opening of Rights Offer

Capital Raise31 August 2025MPGReal Estate

5 Lady Fisher Place
East Tamaki

Auckland, 2013


PO Box 58 144

Botany

Manukau

Auckland, 2163


P 09 927 3000

F 09 914 3325



NZX/ASX release


1 September 2025


Metro announces opening of Rights Offer


Metro Performance Glass Limited (NZX: MPG/ASX: MPP) (Metro) advises that it has

despatched the renounceable rights offer document (Offer Document) to Metro shareholders

eligible to participate in the $8.9 million 1.6 for 1 pro-rata renounceable rights offer (Rights

Offer) as announced to the NZX and ASX on 11 August 2025. A copy of the Offer Document

was lodged to the NZX and ASX on the same date.


The Rights Offer opens today and closes at 5:00pm NZST on Friday 12 September 2025 (unless

extended). Eligible Shareholders are encouraged to apply online at

https://metroglass.capitalraise.co.nz.


The Rights Offer is available to eligible shareholders with an address recorded in Metro’s

share register in New Zealand at 7.00pm NZST on Thursday 28 August 2025 (Eligible

Shareholders). Eligible Shareholders are being invited to subscribe for new shares at an offer

price of NZ$0.03 per new share.


Eligible Shareholders who take up their rights in full will be entitled to apply for further new

shares at an offer price of NZ$0.03 per share under the oversubscription facility, up to an

amount of shares equal to their entitlement under the Rights Offer or $25,000 of new shares,

whichever is greater.


If you, as an Eligible Shareholder, do not take up your full entitlement under the Rights Offer,

any unexercised rights will lapse, and you will receive no value for those lapsed rights.



Further information

Shareholders who have any questions about the Rights Offer are encouraged to read the Offer

Document and seek financial, investment or other professional advice from a qualified

professional adviser.


– ENDS –


2
For further information, please contact:


Shawn Beck, Chairman

Shawn.beck@metroglass.co.nz

+64 27 328 5135



Currency

Unless otherwise stated, all references to “$” are to the New Zealand dollar.


Not an offer of securities in the United States

This announcement has been prepared for publication in New Zealand and Australia and may

not be released to US wire services or distributed in the United States. This announcement

does not constitute an offer to sell, or a solicitation of an offer to buy, securities in the United

States or any other jurisdiction. Any securities described in this announcement have not been,

and will not be, registered under the US Securities Act of 1933 or the securities laws of any

state or other jurisdiction of the United States and may not be offered or sold in the United

States except in transactions exempt from, or not subject to, the registration requirements of

the US Securities Act and applicable US state securities laws.

Data sourced from publicly available filings. Our datasets may not be complete. Automated analysis can produce errors. If you believe any data on this page is incorrect, please contact us at hello@nzxplorer.co.nz. For informational purposes only. Not investment advice.

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