Capital Change Notice - Issue of Options

Template
Capital Change Notice

Updated as at February 2025

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 Pacific Edge Limited
NZX ticker code PEB
Class of financial product Options to acquire Ordinary Shares –
Conversion to Ordinary Shares
ISIN (If unknown, check on NZX website) NZPEBE0002S1
Currency NZD
Section 2: Capital change details
Number issued/acquired/redeemed 18,544 Ordinary Shares have been
issued.

48,562 Options to acquire ordinary shares
in Pacific Edge Limited have been
exercised.
Nominal value (if any) $0.101 Exercise Price (24,281 Options)
$0.114 Exercise Price (24,281 Options)
Issue/acquisition/redemption price per security $0.250 VWAP per share
Nature of the payment (for example, cash or other
consideration)
Cashless Exercise – 30,018 of the options
were foregone to receive 18,544 fully paid
shares
Amount paid up (if not in full) Not Applicable
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

Pacific Edge currently has a total of
1,241,852,687 ordinary shares on issue.
This Exercise of Options represents
0.0015% of the total ordinary shares on
issue
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)
Not Applicable
Reason for issue/acquisition/redemption and
specific authority for issue/acquisition/redemption/
(the reason for change must be identified here)
Exercise of options

18,544 of the options have been
converted to Ordinary Shares


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

Utilising the Cashless Exercise ability has
used the balance of 30,018 of these
Options
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.
Total ordinary shares on issue:
1,241,871,231.

Total options to acquire ordinary shares
on issue: 45,661,543
In the case of an acquisition of shares, whether
those shares are to be held as treasury stock
Not Applicable.
Specific authority for the issue, acquisition, or
redemption, including a reference to the rule
pursuant to which the issue, acquisition, or
redemption is made
Board Resolution
Terms or details of the issue, acquisition, or
redemption (for example: restrictions, escrow
arrangements)
Not Applicable
Date of issue/acquisition/redemption
2
25 August 2026
Section 3: Disclosure required for Placements made under Rule 4.5.1
[Issuers may opt to release Section 3 information (if not already done so) in a separate announcement within five Business Days of
the issuance. Delete this Section 3 if capital change is not the result of a Placement under Rule 4.5.1]

Details of the approach in identifying investors who
were able to participate in the offer and how their
respective allocations in the offer were determined.

The explanation must set out the key objectives
and criteria the Issuer adopted in the allocation
process, whether one of those objectives was a
best effort to allocate on a pro rata basis to existing
holders of the Issuer’s Equity Securities, and any
significant exceptions or deviations from those
objectives and criteria.
Not Applicable
Section 4: Authority for this announcement and contact person
Name of person

authorised to make this
announcement
Vimal Vincent
Contact person for this announcement Vimal Vincent
Contact phone number +64 27 234 3280
Contact email address vimal.vincent@pelnz.com
Date of release through MAP

26 August 2026




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).