Briscoe Group Limited — Capital/Financing Update 2019

Sep 17, 2019

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							17 09				2019
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 - $0.015000 RETAINED EARNINGS BRISCOE GROUP
												RETAINED EARNINGS BRISCOE GROUP								LIMITED
	Amount per security (does not include any excluded income)				$0.0850
	Excluded income per security (only applicable to listed PIEs) Currency
					NZD														$0.015000
	Total monies				$18,875,058						NZSX Listing Rule 7.12.7 Date Payable								8 October, 2019
Taxation In the case of a taxable bonus issue state strike price											Amountper Security in Dollars and cents to six								decimalplaces
							$		Resident Withholding Tax		$0.005903			Imputation Credit (Give details)					s $0.033056
									Foreign Withholding Tax		FDP Credits (Give details) $
											$

Timing

(Refer Appendix 8 in the NZSX Listing Rules)

Record Date 5pm Application Date For calculation of entitlements - Also, Call Payable, Dividend / 1 October, 2019 Interest Payable, Exercise Date,Conversion Date. 8 October 2019 Notice Date Allotment Date Entitlement letters, call notices, For the issue of new securities. 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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