MERCURY NZ LIMITED — Director's Dealing 2020

Aug 25, 2020

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Ongoing Disclosure Notice

Disclosure of Directors and Senior Managers Relevant Interests

Sections 297(2) and 298(2), Financial Markets Conduct Act 2013

To NZX Limited; and
Name of listed issuer:		MercuryNZ Limited
Date this disclosure made:		25 August 2020
Date of last disclosure:		27 July2020
Director or senior managergiving disclosure
Full name(s):		William Thomas Meek
Name of listed issuer:		MercuryNZ Limited
Name of related body corporate (if applicable):		Not applicable
Position held in listed issuer:		Chief Financial Officer

Summary of acquisition or disposal of relevant interest (excluding specified derivatives)

Class of affected quoted financial products:		Ordinary shares in MercuryNZ Limited(NZX: MCY)
Nature of the affected relevant interest(s):		Registered holder andbeneficial owner
For that relevant interest-
Number held in class before acquisition or disposal:		190,429
Number held in class after acquisition or disposal:		100,001
Current registered holder(s):		William Thomas Meek
Registered holder(s) once transfers are registered:		Not applicable

Summary of acquisition or disposal of specified derivatives relevant interest (if applicable)	Summary of acquisition or disposal of specified derivatives relevant interest (if applicable)	Summary of acquisition or disposal of specified derivatives relevant interest (if applicable)
Type of affected derivative:		Not applicable
Class of underlying financial products:		Not applicable
Details of affected derivative-
The notional value of the derivative (if any) or the notional amount of underlying financial
products(if any):		Not applicable
A statement as to whether the derivative is cash settled or physically settled:		Not applicable
Maturity date of the derivative (if any):		Not applicable
Expirydate of the derivative(if any):		Not applicable
Theprice specified in the terms of the derivative(if any):		Not applicable
Any other details needed to understand how the amount of the consideration payable
under the derivative or the value of the derivative is affected by the value of the underlying
financial products:		Not applicable
_For that derivative,- _
Parties to the derivative:		Not applicable
If the director or senior manager is not a party to the derivative, the nature of the relevant
interest in the derivative:		Not applicable

Details of transactions giving rise to acquisition or disposal

			2	2
Date of transaction:			19 August 2020
Nature of transaction:			On market disposals ofordinaryshares
Name of anyotherpartyorparties to the transaction(if known):			Unknown
The consideration, expressed in New Zealand dollars, paid or received for the acquisitionor disposal. If the consideration was not in cash and cannot be readily by converted into acash value,describe the consideration:
	, ,e consideration was not in cash and cannot be readily by converted into a
	cribe the consideration:		$462,781
Number of finan
	cialproducts to which the transaction related:		90,428

The consideration, expressed in New Zealand dollars, paid or received for the acquisition or disposal. If the consideration was not in cash and cannot be readily by converted into a cash value, describe the consideration: Number of financial products to which the transaction related: If the issuer has a financial products trading policy that prohibits directors or senior managers from trading during any period without written clearance (a closed period) include the following details—

No Not applicable Not applicable

Whether relevant interests were acquired or disposed of during a closed period: Whether prior written clearance was provided to allow the acquisition or disposal to proceed during the closed period: Date of the prior written clearance (if any):

Summary of other relevant interests after acquisition or disposal:

Class of quoted financial products: Nature of relevant interest: For that relevant interest,- Number held in class: Current registered holder(s):

Ordinary shares in Mercury NZ Limited (NZX: MCY)

Beneficial owner pursuant to Mercury's Long Term Incentive Plan under which the shares are held on trust by Mercury LTI Limited, subject to certain performance targets being met over the period ending 30 June 2021, upon which the shares will vest

33,959 Mercury LTI Limited

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	_t interest,- _
Number held in
	class:		33,959
Current register
	ed holder(s):		MercuryLTI Limited
For a derivative	relevant interest,-
Type of derivati
	ve:		Not applicable
Details of deriv
	ative,-
The notional valproducts (if any
	ue of the derivative (if any) or the notional amount of underlying financial:
			Not applicable
A statement as	hth th diti i h ttld hill ttld
	o weer e ervave s cas see or pyscay see:		Not applicable
Maturity date of	th diti if
	e ervave ( any):		Not applicable
Expiry date of th
	e derivative (if any):		Not applicable
Theprice's spe	cified terms(if any):		Not applicable
Any other details needed to understand how the amount of the consideration payableunder the derivative or the value of the derivative is affected by the value of the underlyingfinancialproducts:	s needed to understand how the amount of the consideration aable
	pytive or the value of the derivative is affected by the value of the underlying
			Not applicable
For that derivative relevant interest,-
Parties to the derivative:			Not applicable
If the director or senior manager is not a party to the derivative, the nature of the relevantinterest in the derivative:			Not applicable

Certification

I certify that, to the best of my knowledge and belief, the information contained in this disclosure is correct and that I am duly authorised to make this disclosure by all persons Signature of director or officer:

Date of signature:

or

Signature of person authorised to sign on behalf of director or officer: Date of signature: Name and title of authorised person:

25 August 2020

Kendal Luskie, Legal Counsel