Accordant Group - Rights Offer Outcome

1
Accordant Group Limited
Level 6, 51 Shortland Street, Auckland
PO Box 105 675, Auckland 1143
Tel 09 526 8770
accordant.nz

NZX release
11 May 2026
Accordant Rights Offer Outcome
Accordant Group Limited (AGL) (NZX: AGL) advises that it has successfully completed its pro
rata renounceable rights offer (Rights Offer). On settlement of the Rights Offer, proceeds of
approximately $5 million will be received, out of the original $6.7 million sought.
The Hull Family Trust’s contribution exceeded its initial commitment, as announced on 7 May
2026. This subscription will increase the Hull Family Trust’s shareholding, resulting in it holding
approximately 64.9% of AGL’s voting rights. Further, the Committed Related Party Subscription
by the CEO and CFO will be taken up in full, as described in the Notice of Meeting, dated 30
March 2026.
The new shares offered are expected to be allotted and commence trading on Wednesday, 13
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
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 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.