Briscoe Group Limited — Capital/Financing Update 2018

Sep 20, 2018

APPENDIX 7 – NZSX Listing Rules

EMAIL: announce@nzx.com

Notice of event affecting securities

NZSX Listing Rule 7.12.2. For rights, NZSX Listing Rules 7.10.9 and 7.10.10. For change to allotment, NZSX Listing Rule 7.12.1, a separate advice is required.

Number of pages including this one (Please provide any other relevant details on additional pages)

Full name of Issuer	Full name of Issuer	Briscoe Group Limited	Briscoe Group Limited	Briscoe Group Limited	Briscoe Group Limited	Briscoe Group Limited
Name of office make this noti		r autho ce	rised to							Authority for e.g. Director				event, s' resolution
							Geoffrey Peter Scowcroft										Directors Resolution
Contact phone number			09 815 3737							09 815 3738								20 09				2018
Nature of event Tick as appropriate			Bonus Issue Rights Issue				If ticked, state whether: Taxable Capital Call Dividend			/ Non Taxable Con If ticked, state F				version ull				Rights Issue Interest Renouncable
			non-renouncable				change ~~a~~			whether: Interim~~a~~ Y				ear Special DRP Applies
EXISTING securities affected by this If more than o Description of the class of securities Briscoe Group Limited Ordinary Shares							If more than o			ne security is affected by the even				t, use a separate form ISIN					.
				Briscoe Group Limited Ordinary Shares															NZBGRE0001S4
																			If unknown, contact NZX
Details of securities issued pursuant to						this event		If		more than one class of security is				to be issued, ISIN		use a separate form for each class. If unknown, contact NZX Ratio, e.g 1 for 2 for
Description of the class of securities Number of Securities to be issued following event
										Minimum Entitlement									If unknown, contact NZX Ratio, e.g 1 for 2 for
Conversion, Maturity, Call Payable or Exercise Date Strike price per security for a Strike Price available.				ny issue in lieu o	r d					Treatment of Fractions Tick if provide an paripassu OR explanation of the ranking
						ate Enter N/A if not applicable
Monies Associated with Event Amount per security (does not include any excluded income) Excluded income per security (only applicable to listed PIEs) Currency In dollars a					nd	Dividen cents		d payable, Call payable, Exercise price, Conversion price, Redemption price, Application money. Source of Payment Supplementary Amount per security dividend in dollars and cents details - $0.014118 RETAINED EARNINGS BRISCOE GROUP
													RETAINED EARNINGS BRISCOE GROUP								LIMITED
	Amount per security (does not include any excluded income)				$0.0800
	Excluded income per security (only applicable to listed PIEs) Currency
					NZD															$0.014118
	Total monies				$17,689,160						NZSX Listing Rule 7.12.7 Date Payable									11 October, 2018
Taxation In the case of a taxable bonus issue state strike price											Amountper Security in Dollars and cents to six									decimalplaces
							$		Resident Withholding Tax		$0.005556				Imputation Credit (Give details)					s $0.031111
									Foreign Withholding Tax		FDP Credits (Give details) $
Timing (Refer Appendix 8 in t Record Date 5pm For calculation of entitlements - Notice Date Entitlement letters, call notices,					he N		ZSX Listing Rules)				Application Date Also, Call Payable, Dividend / Interest Payable, Exercise Date, Conversion Date. Allotment Date For the issue of new securities.
							4 October, 2018									11 October 2018
conversion notices mailed												Must be within 5 business days of application closing date.

OFFICE USE ONLY

Ex Date: Commence Quoting Rights: Security Code: Cease Quoting Rights 5pm: Commence Quoting New Securities: Security Code: Cease Quoting Old Security 5pm:

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