Notice of Allotment of Securities

Capital Change Notice





Section 1: Issuer information
Name of issuer Summerset Group Holdings Limited
NZX ticker code SUM
Class of financial product Ordinary Shares
ISIN (If unknown, check on NZX website) NZSUME0001S0
Currency NZD
Section 2: Capital change details
Number issued 74,275 Ordinary Shares
Nominal value (if any) N/A
Issue price per security Ordinary Shares were issued upon
exercise of options in accordance
with the terms of Summerset’s LTI
Share Option Plan. The final
exercise price was as follows:
• 46,714 options with an exercise
price of $7.132 per option;
• 19,446 options with an exercise
price of $10.454 per option;
• 5,653 options with an exercise
price of $10.360 per option;
• 56,406 options with an exercise
price of $0.000 per option

Nature of the payment (for example, cash or other
consideration)
Cash net settlement
Amount paid up (if not in full) Fully paid
Percentage of total class of Financial Products issued
(calculated on the number of Financial Products of the
Class, excluding any Treasury Stock, in existence)
1

0.03170333%
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 and specific authority for issue (the
reason for change must be identified here)
Issue of Ordinary Shares upon
exercise of options under
Summerset’s LTI Share Option Plan

1
The percentage is to be calculated immediately before the issue, acquisition, redemption or Conversion

Total number of Financial Products of the Class after the
issue (excluding Treasury Stock) and the total number of
Financial Products of the Class held as Treasury Stock
after the issue.
234,355,657 Ordinary Shares (nil
held as treasury stock)
1,733,035 options remain on issue
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 including a reference to
the rule pursuant to which the issue is made
Directors’ resolutions in relation to
option issue and issue of Ordinary
Shares on conversion of the options.
Permitted under listing rule 4.6.
Terms or details of the issue Issue of 74,275 Ordinary Shares by
net settlement upon exercise of
128,219 options pursuant to the
terms of Summerset’s LTI Share
Option Plan.

Ordinary Shares issued rank equally
with all other Ordinary Shares on
issue.
Date of issue 5 March 2024
Section 3: Authority for this announcement and contact person
Name of person

authorised to make this announcement Robyn Heyman
Contact person for this announcement Robyn Heyman
Contact phone number 027 506 5562
Contact email address robyn.heyman@summerset.co.nz
Date of release through MAP

6 March 2024