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 Limited
ISIN NZSKOE0001S7
Currency NZD

Section 2: Capital change details
Number of issuances to which this notice relates 1
Number issued/acquired/redeemed 20,420 ordinary shares
Nominal value (if any) N/A
Issue/acquisition/redemption price per security Nil
Nature of the payment (for example, cash or other consideration)
No cash consideration was required to be paid for the
restricted share units to vest. Non-cash consideration
is provided in the form of services rendered and to be
rendered by the holders as employees of Serko.
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)
0.017% (to 3dp) of the ordinary shares on issue prevesting.
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)
Vesting of 20,420 restricted share units under the
Serko 2019 (ANZ) Long Term Incentive Scheme
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.
120,443,023 ordinary shares on issue
There are also 96,855 unlisted options outstanding,
taking into account all forfeited options to date.
There are also 2,441,190 unlisted restricted share
units outstanding, taking into account all forfeited
restricted share units to date.
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, Listing Rule 4.6
Terms or details of the issue, acquisition, or redemption (for
example: restrictions, escrow arrangements)
The ordinary shares issued rank pari passu with the
existing ordinary shares
Date of issue/acquisition/redemption 30 November 2022

Section 3: Authority for this announcement and contact person
Name of person authorised to make this announcement Sarah Miller
Contact person for this announcement Sarah Miller, General Counsel
Contact phone number +64 09 884 5916
Contact email address [email protected]
Date of release through MAP 30 November 2022

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Announcement PDF