Capital change notice (DRP)

Kiwi Property Group Limited
Capital Change Notice



Section 1: Issuer information
Name of issuer Kiwi Property Group Limited
NZX ticker code KPG
Class of financial product Ordinary shares
ISIN (If unknown, check on NZX website) NZKPGE0001S9
Currency New Zealand Dollars
Section 2: Capital change details
Number issued/acquired/redeemed 10,452,470 issued
Nominal value (if any) Not applicable
Issue/acquisition/redemption price per security $0.8817
Nature of the payment (for example, cash or other
consideration)
Cash
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)
1

0.647%
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)
Not applicable
Reason for issue/acquisition/redemption and specific authority
for issue/acquisition/redemption/ (the reason for change must
be identified here)
The shares were issued
pursuant to the Dividend
Reinvestment Plan in respect
of the third quarter dividend for
the quarter ended 31
December 2024 of 1.35 cents
per share, payable 24 March
2025
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.
1,625,215,793
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
Dividend Reinvestment Plan
terms and Board resolutions
dated 27 February 2025

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

Terms or details of the issue, acquisition, or redemption (for
example: restrictions, escrow arrangements)
The terms or details of the
issue are contained in the
Dividend Reinvestment Plan
terms dated 22 December
2014 (as amended on 8
September 2017, 14
November 2019, and 19 May
2023)
Date of issue/acquisition/redemption
2
24 March 2025
Section 3: Authority for this announcement and contact person
Name of person

authorised to make this announcement Steve Penney
Contact person for this announcement Steve Penney
Contact phone number +64 9 359 4025
Contact email address steve.penney@kp.co.nz
Date of release through MAP

24 March 2025




2
Continuous issuers using this form in reliance on Rule 3.13.2, please indicate the period during which the relevant
issue/acquisition/redemptions were made (for example, 1 January 2019 to 31 January 2019).