In accordance with NZX Main Board Listing Rule 7.12.1, Gentrack Group Limited (Gentrack) advises that the following Gentrack securities have been issued today:
| Class of Security: | Ordinary shares in Gentrack (Shares) |
| ISIN: | NZGTKE0002S9 |
| Number issued: | 9,538,373 |
| Issue price: | NZ$3.723 per share |
| Payment in cash: | £20 million (NZ$35,511,363.64) |
| Amount paid up (if not in full): | Fully paid ordinary shares |
| Principal terms of the Securities: | All shares rank equally with existing Shares |
| Percentage of the total Class of Securities issued: | 11.6% (post-allotment) |
| Reasons for issue: | To assist with the funding of the acquisition of Junifer Systems Limited by a wholly-owned subsidiary of Gentrack. |
| Specific authority for issue: | Board resolution dated 28 March 2017 |
| Terms or details of issue: | The Shares issued will be credited as fully paid, and rank in all respects equally with the ordinary shares on issue. |
| Total number of Securities of the Class in existence after the issue: | 82,237,883 |
| Treasury stock: | Not applicable |
| Date of issue: | 30 March 2017 |
