AI assistant
GENTRACK GROUP LIMITED — Share Issue/Capital Change 2023
Nov 28, 2023
65024_rns_2023-11-28_dddcb54a-a0c8-4b25-b2ab-3d820f7ff1a6.pdf
Share Issue/Capital Change
Open in viewerOpens in your device viewer
==> picture [132 x 33] intentionally omitted <==
==> picture [5 x 73] intentionally omitted <==
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 2023
Capital Change Notice
Gentrack Group Limited (NZX/ASX: GTK) ( Gentrack ) adopted a Senior Management LTI Scheme ( Senior Management LTI Scheme ) by Board resolution in 2016. Gentrack adopted a parallel long term incentive scheme known as the Gentrack LTI Scheme ( Gentrack LTI Scheme ) in November 2020. Gentrack advises that, as a result of vesting of performance rights under the Senior Management LTI Scheme, it has issued 465,586 ordinary shares to relevant participants. In addition, Gentrack has issued 478,725 ordinary shares to participants under the Gentrack LTI Scheme upon vesting of share rights.
The following information is supplied pursuant to NZX Main Board Listing Rule 3.13.1.
| Section 1: Issuer information | Section 1: Issuer information | Section 1: Issuer information | Section 1: Issuer information | Section 1: Issuer information | Section 1: Issuer information |
|---|---|---|---|---|---|
| Name of issuer | Gentrack GroupLimited | ||||
| N | ZX ticker code | GTK | |||
| C | |||||
| ass of financialproduct | Ordin | aryShares | |||
| IS | IN(If unknown,check on NZX website) | NZGT | KE0002S9 | ||
| C | urrency | NZD | |||
| S | ection 2: Capital change details | ||||
| N | umber issued/acquired/redeemed | 944,3 | 11 OrdinaryShares | ||
| N | ominal value(if any) | N/A | |||
| Is | sue/acquisition/redemptionpriceper sec | urity | NIL | ||
| N | ature of the ament (for examle cash o | r other | NIL | ||
| py p, | |||||
| co | nsideration) | ||||
| A | mountpaid up (if not in full) | Fully | paid | ||
| P | ercentage of total class of Financial Produ | cts | 0.92% | ||
| is | sued/acquired/redeemed/ (calculated on | the number of | |||
| Fi | nancial Products of the Class, excluding a | ny Treasury | |||
| St | ock,in existence) | ||||
| F | or an issue of Convertible Financial Produ | cts or Options, | N/A | ||
| th | e principal terms of Conversion (for exam | ple the | |||
| C | onversion price and Conversion date and | the ranking of | |||
| th | e Financial Product in relation to other Cl | asses of | |||
| Fi | nancial Product) or the Option (for examp | le, the exercise | |||
| pr | ice and exercise date) | ||||
| R | eason for issue/acquisition/redemption an | d specific | Issue | d in connection with | |
| au | thority for issue/acquisition/redemption/ | (the reason for | |||
| Gent | rack Senior Manage | ment | |||
| ch | ange must be identified here) | ||||
Gentrack Group Ltd | ARBN 169 195 751
| LTI Scheme and Gentrack LTI | |
|---|---|
| Scheme | |
| 465,586 Ordinary Shares | |
| issued on vesting of | |
| performance rights granted on | |
| 1 October 2020 under the | |
| Senior Management LTI | |
| Scheme | |
| 160,978 Ordinary Shares | |
| issued on vesting of | |
| performance rights granted on | |
| 1 October 2021under the | |
| Gentrack LTI Scheme | |
| 317,747 Ordinary Shares | |
| issued on vesting of | |
| performance rights granted on | |
| 1 October 2022 under the | |
| Gentrack LTI Scheme | |
| Total number of Financial Products of the Class after theissue/acquisition/redemption/Conversion (excludingTreasury Stock) and the total number of Financial Productsof the Class held as Treasury Stock after theissue/acquisition/redemption. | 103,135,024 |
| 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 Board resolution dated |
| including a reference to the rule pursuant to which the | |
| 28 November 2023 approving | |
| issue, acquisition, or redemption is made | |
| the issues | |
| 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 | 29 November 2023 |
| 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 2023 | |
| Date of release through MAP | |
ENDS
Gentrack Group Ltd | ARBN 169 195 751
Contact details regarding this announcement:
Kerry Nickels – Company Secretary +64 9 966 6090
About Gentrack
We are entering a new era, with utilities worldwide transforming to meet business and sustainability targets. For over 35 years Gentrack has been partnering with the world’s leading utilities, and more than 60 energy and water companies rely on us.
Gentrack, with our partners Salesforce and AWS, are leading todays transformation with g2.0, an end-to-end product-to-profit solution. Using low code / no code, and composable technology, g2.0 allows utilities to launch new propositions in days, reduce cost-to-serve and lead in total experience. https://www.gentrack.com
Gentrack Group Ltd | ARBN 169 195 751