NZX Limited — Share Issue/Capital Change 2020

Aug 3, 2020

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Capital Change Notice

Updated as at 17 October 2019

Section 1: Issuer information
Name of issuer	NZX Limited
NZX ticker code	NZX
Class of financial product	Subordinated Notes
ISIN (If unknown, check on NZX website)	NZNZXD0010L5
Currency	NZD
Section 2: Capital change details
Number issued/acquired/redeemed	10,000
Nominal value (if any)	$1.00
Issue/acquisition/redemption price per security	$1.085778
Nature of the payment (for example, cash or otherconsideration)	Cash
Amount paid up (if not in full)	$10,857.78
Percentage of total class of Financial Productsissued/acquired/redeemed/ (calculated on the number ofFinancial Products of the Class, excluding any Treasury Stock,in existence)1	0.025%
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 (for example, the exercise price and exercise date)	N/A
Reason for issue/acquisition/redemption and specific authorityfor issue/acquisition/redemption/ (the reason for change mustbe identified here)	To facilitate and supportliquidity for small investorswhere liquidity is not otherwisebeing provided by the market.This service is performedindependently by Forsyth BarrLimited (as Facility Agent), inaccordance with the terms ofthe Product DisclosureStatement for NZX’s Offer ofSubordinated Notes dated 15May 2018.
Total number of Financial Products of the Class after theissue/acquisition/redemption/Conversion (excluding TreasuryStock) and the total number of Financial Products of the Classheld as Treasury Stock after the issue/acquisition/redemption.	40,000,000Nil held as treasury stock
In the case of an acquisition of shares, whether those sharesare to be held as treasury stock	N/A

1 The percentage is to be calculated immediately before the issue, acquisition, redemption or Conversion.

Specific authority for the issue, acquisition, or redemption,including a reference to the rule pursuant to which the issue,acquisition, or redemption is made	Product Disclosure Statementfor NZX’s Offer ofSubordinated Notes dated 15May 2018
Terms or details of the issue, acquisition, or redemption (forexample: restrictions, escrow arrangements)	The provision of the RetailLiquidity Support Facility is inaccordance with the terms ofthe Product DisclosureStatement for NZX’s Offer ofSubordinated Notes dated 15May 2018.
Date of issue/acquisition/redemption2	16/07/2020
Section 3: Authority for this announcement and contact person
Name of person authorised to make this announcement	David GlendiningHead of Communications
Contact person for this announcement	As above
Contact phone number	T 09 375 9866N 027 301 9248
Contact email address	david.glendining@nzx.com
Date of release through MAP	04/08/2020

2 Continuous issuers using this form in reliance on Rule 3.13.2, please indicate the period during which the relevant issue/acquisition/redemptions were made (for example, 1 January 2019 to 31 January 2019).