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GENTRACK GROUP LIMITED — Share Issue/Capital Change 2022
Nov 28, 2022
65024_rns_2022-11-28_4bd55b0a-e538-4bdf-acc4-69c1b32a8dc5.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
29 November 2022
Capital Change Notice
Gentrack Group Limited (NZX/ASX: GTK) ( Gentrack ) adopted a long-term incentive scheme (Gentrack LTI Scheme) by Board resolution in 2020. The Board approved a new offer under the Gentrack LTI Scheme in April 2022 ( 2022 Offer ) and in May 2022 the Board approved the issue of share rights ( SRs ) to selected eligible employees who accepted the 2022 Offer. Gentrack advises that the number of SRs under the 2022 Offer eligible to vest are 168,524 and that it has issued 168,524 ordinary shares to participants who were granted SRs in connection with the 2022 Offer.
The following information is supplied pursuant to NZX Main Board Listing Rule 3.13.1.
| Section 1: Issuer information | Section 1: Issuer information |
|---|---|
| Name of issuer | Gentrack GroupLimited |
| NZX ticker code | GTK |
| Class of financialproduct | OrdinaryShares |
| ISIN(If unknown,check on NZX website) | NZGTKE0002S9 |
| Currency | NZD |
| Section 2: Capital change details | |
| Number issued/acquired/redeemed | 168,524 OrdinaryShares |
| Nominal value(if any) | N/A |
| Issue/acquisition/redemptionpriceper security | NIL |
| Nature of the payment (for example, cash or other | NIL |
| consideration) | |
| Amountpaid up (if not in full) | Fully paid |
| Percentage of total class of Financial Products | 0.167 % |
| issued/acquired/redeemed/ (calculated on the number of | |
| Financial Products of the Class, excluding any Treasury | |
| Stock,in existence) | |
| For an issue of Convertible Financial Products or Options, | Not applicable |
| the principal terms of Conversion (for example the | |
| Conversion price and Conversion date and the ranking of | |
| the Financial Product in relation to other Classes of | |
| Financial Product) or the Option (for example, the exercise | |
| price and exercise date) | |
| Reason for issue/acquisition/redemption and specific | Issued in connection with the |
| authority for issue/acquisition/redemption/ (the reason for | 2022 Offer under the Gentrack |
change must be identified here) |
LTI Scheme |
| Total number of Financial Products of the Class after the | |
| issue/acquisition/redemption/Conversion (excluding | |
101,224,521 |
|
| TreasuryStock)and the total number of Financial Products | |
Gentrack Group Ltd | ARBN 169 195 751
| of the Class held as Treasury Stock after the | |
|---|---|
| issue/acquisition/redemption. | No ordinary shares are held as |
| treasurystocks | |
| In the case of an acquisition of shares, whether those | N/A |
| shares are to be held as treasurystock | |
| Specific authority for the issue, acquisition, or redemption, | By directors resolution dated |
| including a reference to the rule pursuant to which the | 28 November 2022 |
| issue,acquisition,or redemption is made | |
| Terms or details of the issue, acquisition, or redemption | The shares issued will be |
| (for example: restrictions, escrow arrangements) | credited as fully paid, and rank |
| in all respects equally with the | |
| OrdinaryShares on issue | |
| Date of issue/acquisition/redemption | 30 November 2022 |
| Section 3: Authority for this announcement and contact person | |
| Name of person authorised to make this announcement | Kerry Nickels |
| Contact person for this announcement | Kerry Nickels |
| Contact phone number | +64 212102011 |
| Contact email address | [email protected] |
| 29 November 2022 | |
| Date of release through MAP | |
ENDS
Contact details regarding this announcement:
Kerry Nickels – Company Secretary +64 9 966 6090
About Gentrack
For over 30 years Gentrack has been partnering with the world’s leading utilities. More than 50 energy and water companies rely on Gentrack. Our g2.0 solution combines this wealth of experience with Salesforce’s unbeatable CRM, Gentrack’s leading meter-to-cash platform, and a composable architecture on AWS. g2.0 ensures high performance, security, scalability, and rapid prototyping for innovation at pace.
When it comes to transformations, you can count on us. https://www.gentrack.com
Gentrack Group Ltd | ARBN 169 195 751