Accordant Group Limited — Share Issue/Capital Change 2021

Jun 3, 2021

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Capital Change Notice

Updated as at 17 October 2019

Section 1: Issuer information
Name of issuer	Accordant Group Limited
NZX ticker code	AGL
Class of financial product	Ordinary shares
ISIN (If unknown, check on NZX website)	NZAWFE0001S8
Currency	NZD
Section 2: Capital change details
Number issued/acquired/redeemed	2020
Nominal value (if any)	N/A
Issue/acquisition/redemption price per security	$1.45
Nature of the payment (for example, cash or other consideration)	Cash
Amount paid up (if not in full)	Fully paid up
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	0.01%
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)	N/A
Reason for issue/acquisition/redemption and specific authority for issue/acquisition/redemption/ (the reason for change must be identified here)	Reason: Considered by the Directors to be in the best interests of the Company and shareholders. Specific authority: Buyback carried out pursuant to Accordant’s Share Buyback Programme announced in its release of 6 April 2021.
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 number 34,248,647 Treasury Stock 76895
In the case of an acquisition of shares, whether those shares are to be held as treasury stock	Shares acquired will be held as treasury stock.
Specific authority for the issue, acquisition, or redemption, including a reference to the rule pursuant to which the issue, acquisition, or redemption is made.	Specific authority: Buyback carried out pursuant to Accordant’s Share Buyback

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

	Programme announced in its release of 6 April 2021. Rule: 4.14.1
Terms or details of the issue, acquisition, or redemption (for example: restrictions, escrow arrangements)	On-market acquisition.
Date of issue/acquisition/redemption2	2/06/2021
Section 3: Authority for this announcement and contact person
Name of person authorised to make this announcement	Patrick McCann
Contact person for this announcement	Patrick McCann
Contact phone number	09 526 8775
Contact email address	patrick.mccann@accordant.nz
Date of release through MAP	3/06/2021

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).