KMD Brands Limited (“KMD”) – Trading Halt of Securities

NZX Limited
Level 1, NZX Centre
11 Cable Street
PO Box 2959
Wellington 6140
New Zealand
Tel +64 4 472 7599

www.nzx.com


Memorandum

To:
Market Participants
From:
NZX Product Operations
Date:
Wednesday, 25 March 2026
Subject
: KMD Brands Limited (“KMD”) – Trading Halt of Securities


Message
:
Further to the announcement at 12.43pm today regarding the trading halt of KMD Brands
Limited (“KMD”) ordinary shares, attached is the trading halt application for further information.

Please contact NZX Product Operations on +64 4 496 2853 or productoperations@nzx.com
with any queries.

ENDS

---

KMD BRANDS LIMITED W kmdbrands.com





Request for Trading Halt: KMD Brands Limited (KMD.NZX/KMD.ASX)
We request that a trading halt be placed on KMD Brands Limited’s (KMD) ordinary shares (ISIN: NZKMDE0001S3)
under ASX Listing Rule 17.1 and NZX Listing Rule 9.9.1(a).
We would like the trading halt to commence immediately.
Reasons for Trading Halt:
As announced to market (25 March 2026), KMD intends to launch a capital raise by way of a placement and AREO in
conjunction with the release of its financial results for the half year ended 31 January 2026 (HY26 Results). KMD has
commenced a confidential wall crossing process with select investors. KMD is continuing discussions to finalise the
terms of the capital raising.
KMD notes that it is effectively conducting an extended book build for a private placement, and there is a risk of
material information leaking ahead of the formal announcement of the capital raise. KMD is not presently in a position
to make a further announcement regarding the capital raise as the final details are still being determined.
Accordingly, a trading halt is required to maintain an orderly market while KMD works to finalise the details of the
capital raise.
How long we want the trading halt to last:
We would like the trading halt to commence immediately and last until the earlier of KMD announcing the final terms
of the proposed capital raise, and releasing the HY26 Results, expected to be on Thursday, 26 March 2026 and no
later than market open on Friday, 27 March 2026.
The event we expect to happen that will end the trading halt:
We expect the trading halt to end once KMD is in a position to announce the capital raise. We note that we expect
KMD will separately request a further two day trading halt be applied to allow time for completion of the institutional
components of any such capital raising.
We confirm that we are not aware of any reason why the trading halt should not be granted.
25 March 2026
NZX Regulation Limited (NZ RegCo)
Level 2, NZX Centre
11 Cable Street
Wellington 6011
New Zealand
issuer@nzregco.com

ASX Limited
20 Bridge Street
Sydney
New South Wales 2000
Australia

tradinghaltssydney@asx.com.au
nicola.lombardi@asx.com.au

KMD BRANDS LIMITED W kmdbrands.com


Please contact me if you have any concerns or queries. Alternatively, you can contact Rachel Dunne at Chapman
Tripp (+64 27 553 4924 / rachel.dunne@chapmantripp.com).
Yours sincerely

Frances Blundell,
Chief Legal & ESG Officer and Company Secretary
KMD Brands Limited