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GENTRACK GROUP LIMITED — Share Issue/Capital Change 2021
Nov 1, 2021
65024_rns_2021-11-01_d5eab566-5444-4171-8c17-3537e42b1150.pdf
Share Issue/Capital Change
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Gentrack Group 17 Hargreaves Street, St Marys Bay, Auckland 1011, PO Box 3288, Auckland 1140, New Zealand Ph: +64 9 966 6090 Email: [email protected] www.gentrack.com
2 November 2021
Capital Change Notice
Gentrack Group Limited (NZX/ASX: GTK) ( Gentrack ) adopted a Senior Management Long Term Incentive Scheme (Senior Management LTI Scheme) by Board resolution dated 27 April 2016.
Gentrack advises that the number of Performance Rights (PRs) under the LTI Scheme eligible to vest are 748,604 and that it has granted 748,604 ordinary shares with a vesting date of 31 October 2021.
The following information is supplied pursuant to NZX Main Board Listing Rule 3.13.1.
| Section 1: Issuer information | |
|---|---|
| Name of issuer | GentrackGroupLimited |
| NZX tickercode | GTK |
| Class of financialproduct | Ordinary Shares |
| ISIN(Ifunknown, checkon NZX website) | NZGTKE0002S9 |
| Currency | NZD |
| Section 2: Capital change details | |
| Number issued/acquired/redeemed | 748,604Ordinary Shares |
| Nominal value (ifany) | Notapplicable |
| Issue/acquisition/redemptionprice persecurity | NIL |
| Nature of the payment (for example, cash or otherconsideration) | NIL |
| Amountpaid up (if not in full) | FullyPaid |
| PercentageoftotalclassofFinancialProductsissued/acquired/redeemed/ (calculated on the number ofFinancial Products of the Class, excluding any Treasury Stock,inexistence) | 0.75% |
| 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 | Not applicable |
| Reasonforissue/acquisition/redemptionandspecificauthorityfor issue/acquisition/redemption | Issue in connection with SeniorManagement LTIScheme |
| Total number of Financial Products of the Class after theissue/acquisition/redemption/Conversion(excludingTreasury Stock) and the total number of Financial Products oftheClassheldasTreasuryStockaftertheissue/acquisition/redemption. | 99,963,564 |
Gentrack Group Ltd | ARBN 169 195 751
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| In the case of an acquisition of shares, whether those sharesareto beheld astreasury 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 ismade | By directors resolution dated21 October 2021 approvingissue |
| Terms or details of the issue, acquisition, or redemption | The shares issued will becredited as fully paid, and rankin all respects equally with theOrdinary Shares on issue |
| Date of issue/acquisition/redemption | 1 November 2021 |
| Section 3: Authority for this announcement and contact person | |
| Name of person authorised to make this announcement | Pip White, Company Secretary |
| Contact person for this announcement | Pip White |
| Contact phone number | +64 22 0965576 |
| Contact email address | [email protected] |
| Date of release through MAP | 2 November 2021 |
ENDS
Contact details regarding this announcement:
Pip White - Company Secretary +64 22 0965576
About Gentrack
The global pace of change is accelerating, and utilities need to rebuild for a more sustainable future. Gentrack provides leading utilities across the world with innovative cleantech solutions.
Working with some of the world’s biggest energy and water companies, as well as innovative challenger brands, we are helping companies reshape what it means to be a utilities business.
We are driven by our passion to create positive impact. That is why utilities rely on us to drive innovation, deliver great customer experiences and secure profits.
Together, we are renewing utilities.
Gentrack Group Ltd | ARBN 169 195 751