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GENTRACK GROUP LIMITED — Share Issue/Capital Change 2025
Dec 10, 2025
65024_rns_2025-12-10_7435f695-a264-411f-8d4c-c0d61cacd692.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
11 December 2025
Capital Change Notice
Gentrack Group Limited (NZX/ASX: GTK) (Gentrack) currently operates a senior management long-term incentive scheme ( Senior Management LTI Scheme ) under which each participating executive (including the CEO) is offered “performance rights”, with each performance right representing a right to receive one ordinary share in Gentrack once the applicable vesting conditions have been satisfied. In 2021, shareholders approved the issue of three tranches of performance rights to the CEO, Gary Miles, with a final tranche granted in October 2022 ( 2022 CEO Award ). There was an award to members of the Executive Leadership Team ( ELT ) approved in October 2022 ( 2022 ELT Award ) and an award to members of the ELT and the CEO approved in October 2023 ( 2023 Senior Management Award ). Gentrack advises that 4,254,336 ordinary shares have been issued to the ELT and CEO upon vesting of these awards of performance rights under the Senior Management LTI Scheme.
The following information is supplied pursuant to NZX Main Board Listing Rule 3.13.1.
| 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 | N/A |
| Section 2: Capital change details | |
| Number issued/acquired/redeemed | 4,254,336 OrdinaryShares |
| Nominal value(if any) | N/A |
| Issue/acquisition/redemption price per security | No consideration is payable |
| for the issue of Ordinary | |
| Shares on vesting of | |
| performance rights. | |
| 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 | 3.9320% |
| 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, | N/A |
| the principal terms of Conversion (for example the | |
| Conversionprice and Conversion date and the rankingof |
Gentrack Group Ltd | ARBN 169 195 751
| 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 | 322,040 ordinary shares |
| authority for issue/acquisition/redemption/ (the reason for | issued in connection with 2022 |
| change must be identified here) | ELT Award. |
| 194,761 ordinary shares | |
| issued in connection with 2022 | |
| CEO Award. | |
| 3,737,535 ordinary shares | |
| issued in connection with 2023 | |
| Senior Management Award. | |
| Total number of Financial Products of the Class after the | 112,451,475 Ordinary Shares |
| issue/acquisition/redemption/Conversion (excluding | |
| Treasury Stock) and the total number of Financial Products | |
| of the Class held as Treasury Stock after the | |
| issue/acquisition/redemption. | |
| 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, | The rules of the LTI scheme, |
| including a reference to the rule pursuant to which the | board resolutions dated 9 |
| issue, acquisition, or redemption is made | December 2025 and |
| shareholder approvals. | |
| 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 | 10 December 2025 |
| Section 3: Authority for this announcement and contact person | |
| Name of person authorised to make this announcement | Anna Ellis |
| Contact person for this announcement | Anna Ellis |
| Contact phone number | +64 9 966 6090 |
| Contact email address | [email protected] |
| 10 December 2025 | |
| Date of release through MAP | |
Gentrack Group Ltd | ARBN 169 195 751
ENDS
Contact details regarding this announcement:
Anna Ellis – 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 today’s 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