Gentrack Group Limited (Gentrack) (NZX/ASX: GTK) advises that it will today issue 8,463,757 new ordinary shares (New Shares) to certain of its institutional shareholders and other institutional investors following the close of the institutional entitlement offer and institutional bookbuild components of its fully underwritten 1 for 5.77 pro rata accelerated entitlement offer announced on 4 July 2018 (the Offer).
The following information is supplied pursuant to NZX Main Board Listing Rule 7.12.1:
| Class of Security: | Ordinary shares in Gentrack (Shares) |
| ISIN: | NZGTKE0002S9 |
| Number issued: | 8,463,757 |
| Issue price: | NZ$6.19 or A$5.69 |
| Payment in cash: | Yes |
| 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: | 10.08% of the total ordinary shares on issue prior to the issue of New Shares |
| Reasons for issue: | Issued in connection with the close of the institutional entitlement offer and institutional bookbuild components of the Offer |
| Specific authority for issue: | Board resolution dated 4 July 2018 |
| Terms or details of issue: | As described in the Offer Document dated 4 July 2018, the Shares are of the same class, and rank in all respects equally with, Gentrack’s existing fully paid ordinary shares which are quoted on the NZX Main Board and ASX. |
| Total number of Securities of the Class in existence after the issue: | 92,435,765 |
| Treasury stock: | Not applicable |
| Date of issue: | 13 July 2018 |
