Cleansing Notice

channelnz.com


NZX RELEASE

28 April 2022

CLEANSING NOTICE

NOTICE PURSUANT TO REGULATION 49G(2)(e) OF THE FINANCIAL MARKETS CONDUCT
REGULATIONS 2014 –

1. Channel Infrastructure NZ Limited (Channel Infrastructure) gives notice under regulation 49G(2)(e)
of the Financial Markets Conduct Regulations 2014 (FMC Regulations) that it proposes to make an
offer for the issue of unsecured, unsubordinated bonds (Bonds), on the terms set out in Channel
Infrastructure’s Product Disclosure Statement, dated 28 April 2022 (Offer).

2. Short-form disclosure is being used for the offer of the Bonds, as the Bonds rank in priority to Channel
Infrastructure’s existing shares quoted on the NZX Main Board and Channel Infrastructure’s existing
subordinated notes quoted on the NZX Debt Market.

3. Channel Infrastructure’s existing shares have been continuously quoted on the NZX Main Board over
the preceding three months and trading in the shares has not been suspended for a total of more
than five trading days during that three-month period.

4. Channel Infrastructure’s existing subordinated notes have been continuously quoted on the NZX
Debt Market over the preceding three months and trading in the subordinated notes has not been
suspended for a total of more than five trading days during that three-month period.

5. As at the date of this notice:

(a) Channel Infrastructure is in compliance with the continuous disclosure obligations that apply
to it in relation to its existing shares and subordinated notes;

(b) Channel Infrastructure is in compliance with its financial reporting obligations (as defined in
regulation 49H(7) of the FMC Regulations); and

(c) there is no information that is “excluded information” required to be disclosed for the purposes
of regulation 49H(2)(e) of the FMC Regulations.

On behalf of Channel Infrastructure NZ Limited

Simon Allen
Director

channelnz.com


ENDS

Authorised by:
Chris Bougen
General Counsel and Company Secretary

Investor Relations contact:
Anna Bonney
investorrelations@channelnz.com

Media contact:
Laura Malcolm
communications@channelnz.com
+64 21 02363 297




About Channel Infrastructure NZ
Channel Infrastructure is New Zealand’s leading fuel infrastructure company.
Channel Infrastructure owns critical infrastructure, supplying the Northland and Auckland markets, which
make up 40% of New Zealand’s fuel demand and all of the jet fuel to the Auckland International
Airport. Utilising the deep-water harbour and jetty infrastructure at Marsden Point, as well as 280 million
litres of storage tanks, and the 170-kilometre pipeline from Marsden Point to Auckland we receive, store, test
and distribute fuel owned by our customers. Channel Infrastructure’s wholly-owned subsidiary, Independent
Petroleum Laboratories, provides fuel quality testing services at Marsden Point and around New Zealand.
Channel Infrastructure is well positioned to support New Zealand’s changing future fuel needs, with growth
opportunities at the Marsden Point site including additional fuel storage to support fuel security, renewable
electricity supply through the Maranga Ra solar project, and work underway with customers and partners on
biofuel and hydrogen opportunities.
For more information on Channel Infrastructure, please visit: www.channelnz.com