TWL – Capital Change Notice

Capital Change Notice



This notice is given under NZX Listing Rule 3.13.1 and relates to the exercise of vested options
pursuant to an employee share option plan under which fully paid ordinary shares in Trade
Window Holdings Limited are issued on exercise of those vested options.


Section 1: Issuer information
Name of issuer Trade Window Holdings
Limited
NZX ticker code TWL
Class of financial product Ordinary shares
ISIN (If unknown, check on NZX website) NZTWLE0004S0
Currency NZD
Section 2: Capital change details
Number issued/acquired/redeemed 241,109 Ordinary Shares
Nominal value (if any) N/A
Issue/acquisition/redemption price per security 0.92 cents per share
Nature of the payment (for example, cash or other
consideration)
Cash
Amount paid up (if not in full) Full
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)
0.279% of the ordinary shares
in TWL.
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)
Exercise Date: 31 March 2022
Exercise Price: 0.000920 per
share

Reason for issue/acquisition/redemption and specific authority
for issue/acquisition/redemption/ (the reason for change must
be identified here)
Issue of ESOP shares to
employees following exercise
of options vested.
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.
86,373,316
In the case of an acquisition of shares, whether those shares
are to be held as treasury stock
Not applicable
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' resolutions dated 19
November 2021 in relation to
the issue of the options and
NZX Listing Rule 4.6.1.
Terms or details of the issue, acquisition, or redemption (for
example: restrictions, escrow arrangements)
Issue of ordinary shares which
rank equally with the existing

ordinary shares on issue in
TWL.
Date of issue/acquisition/redemption 31/03/2022
Section 3: Authority for this announcement and contact person
Name of person

authorised to make this announcement
Dewald Janse van Rensburg,
Chief Legal Officer
Contact person for this announcement Dewald Janse van Rensburg
Contact phone number +64 21 025 01490
Contact email address dewald@tradewindow.io
Date of release through MAP

31/03/2022