Fletcher Building Limited — Director's Dealing 2019

Aug 23, 2019

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Ongoing Disclosure Notice

Disclosure of Directors and Senior Managers Relevant Interests

Sections 297(2) and 298(2), Financial Markets Conduct Act 2013

To NZX Limited;and Name of listed issuer: Date this disclosure made: Date of last disclosure: Director or senior manager giving disclosure Full name(s): Name of listed issuer: Name of related body corporate (if applicable): Position held in listed issuer: Summary of acquisition or disposal of relevant interest (excluding specified derivatives)	To NZX Limited;and Name of listed issuer: Date this disclosure made: Date of last disclosure: Director or senior manager giving disclosure Full name(s): Name of listed issuer: Name of related body corporate (if applicable): Position held in listed issuer: Summary of acquisition or disposal of relevant interest (excluding specified derivatives)
		Fletcher Building Limited
		23 August 2019
		28 June 2019
		Ross Harold Taylor
		Fletcher Building Limited
		N/A
		Chief Executive Officer
Class of affected quoted financial products:	(a)	Ordinary Shares
Nature of the affected relevant interest(s):		Right to acquire Ordinary Shares under Fletcher Building's special DiscretionaryLong-Term Share Scheme
For that relevant interest- Number held in class before acquisition or disposal: Number held in class after acquisition or disposal: Current registered holder(s): Registered holder(s) once transfers are registered:
Number held in class before acquisition or disposal:		N/A
Number held in class after acquisition or disposal:		191,939 restricted share rights convertible to Fletcher Building ordinary shares subject to the vesting criteria being met
Current registered holder(s):		N/A
Registered holder(s) once transfers are registered:		N/A

Summary of acquisition or disposal of specified derivatives relevant interest (if applicable)	Summary of acquisition or disposal of specified derivatives relevant interest (if applicable)
Type of affected derivative:
Class of underlying financial products:
The notional value of the derivative (if any) or the notional amount of underlying financial products(if any):
A statement as to whether the derivative is cash settled or physically settled:
Maturity date of the derivative (if any):
Expiry date of the derivative(if any):		Not Applicable
The price specified in the terms of the derivative (if any):
Any other details needed to understand how the amount of the consideration payable under the derivative or the value of the derivative is affected by the value of the underlying financial products:
For that derivative,- Parties to the derivative: If the director or senior manager is not a party to the derivative, the nature of the relevant interest in the derivative:
Parties to the derivative:
If the director or senior manager is not a party to the derivative, the nature of the relevant interest in the derivative:
Total number of transactions to which notice relates: Date of transaction: Nature of transaction: Name of any other party or parties to the transaction (if known): The consideration, expressed in New Zealand dollars, paid or recieved for the acquisition or disposal. If the consideration was not in cash and cannot be readily by converted into a cash value, describe the consideration: Number of financial products to which the transaction related: If the issuer has a financial products trading policy that prohibits directors or senior managers from trading during any period without written clearance (a closed period) include the followingdetails— Whether relevant interests were aquired or disposed of during a closed period: Details of transactions giving rise to acquisition or disposal Details of transactions requiring disclosure-
		1
		20 August 2019
		Issue of share rights to the CEO pursuant to a special retention arrangement to the value of NZ$1,000,000. The restricted share rights will vest if the CEO remains employed by a Fletcher Building group company for the vesting period (being until 30 June 2022). Upon vesting, each share right will entitle the CEO to one Fletcher Building ordinary share.
		N/A
		No consideration is payable for the issue of the restricted share rights
		191,939 restricted share rights
Whether relevant interests were aquired or disposed of during a closed period:		N/A
Whether prior written clearance was provided to allow the aquisition or disposal to proceed duringthe closedperiod:		N/A
Date of the prior written clearance (if any):		N/A
Class of quoted financial products: Nature of relevant interest: (b) (c) Summary of other relevant interests after acquisition or disposal:
		Ordinary Shares
		Beneficial interest under Executive Long-Term Share Scheme
		Beneficial interest

(d) For that relevant interest,- Number held in class: (b) (c) (d) Current registered holder(s): (b) (c) (d) For a derivative relevant interest,- Type of derivative: Details of derivative,-	(d) For that relevant interest,- Number held in class: (b) (c) (d) Current registered holder(s): (b) (c) (d) For a derivative relevant interest,- Type of derivative: Details of derivative,-	Beneficial interest in Fletcher Building's Employee Share Plan
		379,056 175,765 1,064
		Fletcher Building Share Schemes Limited Ross Harold Taylor New Zealand Central Securities Depository Limited
The notional value of the derivative (if any) or the notional amount of underlying financial products(if any):
A statement as to whether the derivative is cash settled or physically settled:
Maturity date of the derivative (if any):
Expiry date of the derivative (if any):
The price's specified terms (if any):		Not Applicable
Any other details needed to understand how the amount of the consideration payable under the derivative or the value of the derivative is affected by the value of the underlying financial products:
For that derivative relevant interest,-
Parties to the derivative:
If the director or senior manager is not a party to the derivative, the nature of the relevant interest in the derivative:
Cerification Signature of director or officer: Date of signature: or Signature of person authorised to sign on behalf of director or officer: Date of signature: Name and title of authorised person: I certify that, to the best of my knowledge and belief, the information contained in this disclosure is all persons for whom it is made.		correct and that I am duly authorised to make this disclosure by
Signature of person authorised to sign on behalf of director or officer:
Date of signature:		23 August 2019
Name and title of authorised person:		F C W Bolt, Group General Counsel and Company Secretary

Notes

Use this form to disclose all the aquisitions and disposals by a director or senior manager of a listed issuer, or of a related body corporate, or in specified derivatives. The disclosure must be made within—

(a) 20 working days after the first aquisition or disposal disclosed in this notice if the aquisitions or disposals are of a kind referred to in section 297(2)(a) of the Financial Markets Conduct Act 2013; or

(b) in any other case, 5 trading days after the first aquisition or disposal disclosed in this notice.