Share consolidation

Corporate Action Notice
(Other than for a Distribution)
Updated as at 17 October 2019

Section 1: issuer information (mandatory)
Name of issuer Ascension Capital Limited
Class of Financial Product Ordinary Shares
NZX ticker code ACE
ISIN (If unknown, check on NZX
website)
NZECHE0001S8
Name of Registry Computershare Investor Services
Type of corporate action
(Please mark with an X in the relevant
box/es)
Share purchase
plan
Renounceable
Rights issue

Capital
reconstruction
X Non
Renounceable
Rights issue

Call Bonus issue
Record date 5/11/2021
Ex-Date (one business day before the
Record Date)
4/11/2021
Currency NZD
Section 5: Capital reconstruction (delete if not applicable)
Nature of capital reconstruction
(Please mark with an X in applicable
box)
Financial
Product Split
Financial
Product
Consolidation
X
Other Amalgamation
Ratio (for example 1 for 2) New 1 Existing 100
Treatment of fractions
Rounded to nearest whole number (with a fractional
entitlement to half a share being rounded up)
Number of Financial Products to be
issued/ redeemed
As a result of the financial product consolidation, the
number of shares on issue in ACE will be reduced from
1,914,888,105 to approximately 19,148,881 shares
Per Financial Product amount (if cash
reconstruction)
N/A
Payment date (if cash reconstruction) N/A
Allotment date 8/11/2021
Section 7: Authority for this announcement (mandatory)
Name of person authorised to make this
announcement
Sean Joyce
Contact person for this announcement Sean Joyce
Contact phone number +64 21 865 704
Contact email address sean@corporate-counsel.co.nz
Date of release through MAP 27/10/2021

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100506439/8905958.2
Ascension Capital Limited
27 October 2021
ACE Share consolidation
Ascension Capital Limited (ACE) (NZX: ACE) advises that it has resolved to implement a share
consolidation.
Every 100 shares held in ACE at 5:00pm (NZDT) on 5 November 2021 will be consolidated into
1 share, with all fractional entitlements rounded to the nearest whole number of shares (and a
fractional entitlement to half a share being rounded up).
As a result of the consolidation, the number of shares on issue in ACE will be reduced from
1,914,888,105 to approximately 19,148,881 shares.
The timetable for the share consolidation is as follows:
3 November 2021 Last day for trading in pre-consolidation shares on the NZX Main Board
4 November 2021 Ex-date for the consolidation. ACE’s shares are expected to enter a two day
trading halt from this date until the consolidation is completed.
5:00pm (NZDT) 5 November 2021 Record date and effective time for the consolidation.
8 November 2021 Commencement of trading in post-consolidation shares on the NZX and
statements sent to shareholders.