Capital Change Notice - Ordinary Shares

CAPITAL CHANGE NOTICE

Section 1: Issuer information
Name of issuer Serko Limited (“Serko”)
NZX ticker code SKO
Class of financial product Ordinary shares in Serko
ISIN NZSKOE0001S7
Currency NZD

Section 2: Capital change details
Number of issuances to which this notice relates 1
Number issued/acquired/redeemed 993 ordinary shares issued upon the exercise of 993 unlisted options
Nominal value (if any) N/A
Issue/acquisition/redemption price per security NZ$3.32 (exercise price)
Nature of the payment (for example, cash or other consideration) Cash
Amount paid up (if not in full) Fully paid
Percentage of total class of Financial Products issued/acquired/redeemed/ (calculated on the number of Financial Products of the Class, excluding any Treasury Stock, in existence) 0.0009% ordinary shares
For an issue of Convertible Financial Products or Options, the principal terms of Conversion (for example the Conversion price and Conversion date and the ranking of the Financial Product in relation to other Classes of Financial Product) or the Option (for example, the exercise price and exercise date) N/A

Reason for issue/acquisition/redemption and specific authority for issue/acquisition/redemption/ (the reason for change must be identified here) Exercise of options under the Serko Limited (US) 2018 Share Incentive Plan and issue of 993 ordinary shares.
Total number of Financial Products of the Class after the 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. 167,674 unlisted options

107,822,497 ordinary shares
In the case of an acquisition of shares, whether those shares are to be held as treasury stock N/A
Specific authority for the issue, acquisition, or redemption, including a reference to the rule pursuant to which the issue, acquisition, or redemption is made Directors’ resolution
NZX Listing Rule 4.6
Terms or details of the issue, acquisition, or redemption (for example: restrictions, escrow arrangements) The new shares will rank equally with all other fully paid ordinary shares on issue.
Date of issue/acquisition/redemption 29 April 2021

Section 3: Authority for this announcement and contact person
Name of person authorised to make this announcement Sarah Miller, General Counsel
Contact person for this announcement Sarah Miller, General Counsel
Contact phone number +64 27 245 0267
Contact email address [email protected]
Date of release through MAP 29 April 2021

---

Announcement PDF