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GENTRACK GROUP LIMITED — Capital/Financing Update 2018
Jul 12, 2018
65024_rns_2018-07-12_e72cd89e-2795-4921-992e-fe1590cb8fa6.pdf
Capital/Financing Update
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13 July 2018
Notice pursuant to NZX Main Board Listing Rule 7.12.1
Gentrack Group Limited ( Gentrack ) (NZX/ASX: GTK) advises that it will today issue 8,463,757 new ordinary shares ( New Shares ) to certain of its institutional shareholders and other institutional investors following the close of the institutional entitlement offer and institutional bookbuild components of its fully underwritten 1 for 5.77 pro rata accelerated entitlement offer announced on 4 July 2018 (the Offer ).
The following information is supplied pursuant to NZX Main Board Listing Rule 7.12.1:
| Class of Security:ISIN:Number issued:Issue price:Payment in cash:Amount paid up (if not in full):Principal terms of the Securities:Percentage of the total Class ofSecurities issued: | Ordinary shares in Gentrack (Shares)NZGTKE0002S98,463,757NZ$6.19 or A$5.69YesFully paid ordinary sharesAll shares rank equally with existing Shares10.08% of the total ordinary shares on issue prior to the issueof New Shares |
|---|---|
| Reasons for issue: | Issued in connection with the close of the institutionalentitlement offer and institutional bookbuild components of theOffer |
| Specific authority for issue: | Board resolution dated 4 July 2018 |
| Terms or details of issue: | As described in the Offer Document dated 4 July 2018, theShares are of the same class, and rank in all respects equallywith, Gentrack’s existing fully paid ordinary shares which arequoted on the NZX Main Board and ASX. |
| Total number of Securities ofthe Class in existence after theissue: | 92,435,765 |
| Treasury stock: | Not applicable |
| Date of issue: | 13 July 2018 |
ENDS
Gentrack Group Ltd | www.gentrack.com | [email protected] | ARBN 169 195 751
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Contact:
Jon Kershaw, Company Secretary
+64 9 966 6090
About Gentrack
Gentrack provides essential software for essential services, pairing powerful platforms with deep market knowledge to help utilities and airports lower service costs, foster innovation and confidently navigate market reform. It employs over 500 people in offices across New Zealand, Australia, the UK and Europe and services over 200 utility and airport sites in 30+ countries with its leading solutions for utilities - Gentrack Velocity, Junifer and Evolve Analytics, and for airports under the Veovo brand including Airport 20/20, BlipTrack and Concessionaire Analyzer+.
Velocity, Junifer and Evolve Analytics are champion billing, customer and revenue protection solutions in the sector, providing a full range of proven capabilities along with hosted and managed services options for new entrant energy and water suppliers, and larger utilities in competitive markets where flexibility, uniqueness and compliance are essential.
More information: www.gentrack.com
Veovo combines Gentrack’s Airport 20/20, BlipTrack and Concessionaire Analyzer+ software to unlock operational, revenue, concession and passenger insights across the airport ecosystem. The Veovo Predictive Collaboration Platform enables airports to operate more efficiently, uncover new growth opportunities and deliver outstanding guest experiences.
More information: www.veovo.com
Gentrack Group Ltd | www.gentrack.com | [email protected] | ARBN 169 195 751