Arvida Group Limited — Share Issue/Capital Change 2019

Jul 31, 2019

Capital Change Notice

Updated as at 8 May 2019

==> picture [101 x 42] intentionally omitted <==

Section 1: Issuer information
Name of issuer	Arvida Group Limited
NZX ticker code	ARV
Class of financial product	Ordinary shares
ISIN (If unknown, check on NZX website)	NZARVE0001S5
Currency	NZ$
Section 2: Capital change details
Number issued/acquired/redeemed	7,444,488
Nominal value (if any)	Not applicable
Issue/acquisition/redemption price per security	$1.3432758
Nature of the payment (for example, cash or otherconsideration)	Cash
Amount paid up (if not in full)	Paid in full
Percentage of total class of Financial Productsissued/acquired/redeemed/ (calculated on the number ofFinancial Products of the Class, excluding any Treasury Stock,in existence)	1.393%
For an issue of Convertible Financial Products or Options, theprincipal terms of Conversion (for example the Conversionprice and Conversion date and the ranking of the FinancialProduct in relation to other Classes of Financial Product) or theOption (for example, the exercise price and exercise date)	Not applicable
Reason for issue and specific authority for issue (the reasonfor change must be identified here)	Allotment of:(a) 2,828,905 shares issuedpursuant to settlement inrespect of the purchase ofBethlehem Country Clubretirement village;(b) 2,828,905 shares issuedpursuant to settlement inrespect of the purchase ofBethlehem Shores retirementvillage; and(c) 1,786,678 shares issuedpursuant to settlement inrespect of the purchase ofQueenstown Country Clubretirement village
Total number of Financial Products of the Class after theissue/acquisition/redemption/Conversion (excluding TreasuryStock) and the total number of Financial Products of the Classheld as Treasury Stock after the issue/acquisition/redemption.	541,891,815
In the case of an acquisition of shares, whether those sharesare 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	Directors’ resolution dated24 June 2019 for issue underrule 4.5.1
Terms or details of the issue, acquisition, or redemption (forexample: restrictions, escrow arrangements)	New ordinary shares whichrank equally with all other fullypaid ordinary shares
Date of issue/acquisition/redemption	31/07/2019
Section 3: Authority for this announcement and contact person
Name of person authorised to make this announcement	Jeremy Nicoll
Contact person for this announcement	Jeremy Nicoll
Contact phone number	+64 21 403 665
Contact email address	jeremy.nicoll@arvida.co.nz
Date of release through MAP	31/07/2019