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)|
|Issue price:||NZ$3.65 per share|
|Payment:||£3 million (NZ$5,326,704.15)|
|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:||1.7% (post-allotment)|
|Reasons for issue:||Shares issued to Junifer founders / executives (Recipients) pursuant to subscription agreement.|
|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.
The Recipients are required to hold the Shares for a minimum of two years, subject to limited exceptions.
|Total number of Securities of the Class in existence after the issue:||83,697,254|
|Treasury stock:||Not applicable|
|Date of issue:||1 April 2017|