Accordant Group - Rights issue confirmed

1
NZX release
7 May 2026
Accordant Group announces minimum raise conditions met for Rights Offer
As announced on the 22
nd
of April 2026, Accordant Group Limited (AGL) (NZX: AGL) opened its
pro rata renounceable rights offer (Rights Offer). A key condition of the Rights Offer is that at
least the minimum amount of $5,000,000 is raised.
AGL advises that it has received a commitment from the S.A. Hull Family Trust No. 2 that it will
subscribe for shares under the Rights Offer’s shortfall facility as necessary for the Rights Offer to
reach the minimum amount of $5,000,000. The rights offer will therefore proceed to successful
completion on the 13
th
of May 2026.
AGL advises that it is currently working through allocations and late applications, in accordance
with the terms of the Rights Offer. To the extent any further late applications are received, the
Board retains discretion to accept these.
AGL will announce the final detailed results of the Rights Offer on Monday the 11
th
of May 2026.

– ENDS –
Authorised by
Jason Cherrington
Group CEO
For the Board:
Simon Bennett, Chair

For further information contact Jason Cherrington +64 21 781 389.

Currency
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 may not be released or
distributed in the United States. This announcement does not constitute an offer to sell, or the solicitation of
an offer to buy, any securities in the United States or in any jurisdiction in which such an offer would be
illegal. Any securities described in this announcement have not been, and will not be, registered under the
U.S. 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, directly or indirectly, in the United States or to any person acting for the account
or benefit of any person in the United States, except in transactions exempt from, or not subject to, the
registration requirements of the U.S. Securities Act of 1933 and the applicable securities laws of any state
or other jurisdiction of the United States.