Notice pursuant to NZX Main Board Listing Rule 7.12.1

In accordance with NZX Main Board Listing Rule 7.12.1, Gentrack Group Limited (Gentrack) advises that the following Gentrack securities have been issued today:

Class of Security: Ordinary shares in Gentrack (Shares)
Number issued: 274,754
Issue price: NZ$6.93
Payment in cash: NZ$1,904,045 (GBP£1,000,000.00)
Amount paid up (if not in full): Fully paid ordinary shares
Principal terms of the Securities: All shares rank equally with existing Shares
Percentage of the total Class of Securities issued: 0.33% (post-allotment)
Reasons for issue: Issued to Evolve Systems Limited key executives (Recipients) in connection with the acquisition by a wholly-owned subsidiary of Gentrack.
Specific authority for issue: Board resolution dated 20 June 2018
Terms or details of issue: The Shares issued will be credited as fully paid, and rank in all respects equally with the ordinary shares on issue.

The Recipients are required to hold the Shares for a minimum of one year, subject to limited exceptions.

Total number of Securities of the Class in existence after the issue: 83,972,008


Treasury stock: Not applicable
Date of issue: 2 July 2018

View Appendix 3B – New issue announcement, application for quotation of additional securities and agreement.

Latest News

Nov 29 2022

Gentrack and Merkle bring customer centric Salesforce solutions to utilities  

Nov 24 2022

Open Evening – Auckland, 7th December 2022

Nov 22 2022

“Transformation and Change to Improve Customer experience” – Water Working Group

Nov 15 2022

PNG Power on track to transform customer experience with Gentrack 

Our Customers