Capital Change Notice

Capital Change Notice







This notice is given under NZX Listing Rule 3.13.1 and relates to the issue of ordinary shares
under SPK's Employee Share Purchase Scheme ("Spark Share").
Section 1: Issuer information
Name of issuer Spark New Zealand Limited
NZX ticker code SPK
Class of financial product Ordinary shares
ISIN (If unknown, check on NZX website) NZTELE0001S4
Currency NZD
Section 2: Capital change details
Number issued/acquired/redeemed 738,024
Nominal value (if any) N/A
Issue/acquisition/redemption price per security $2.119
Nature of the payment (for example, cash or other
consideration)
Cash payment
Amount paid up (if not in full) N/A
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

0.039%
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/acquisition/redemption and
specific authority for issue/acquisition/redemption/
(the reason for change must be identified here)
Issue of ordinary shares pursuant to Spark
Share
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.
1,890,060,531 ordinary shares
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, acquisition, or
redemption, including a reference to the rule
pursuant to which the issue, acquisition, or
redemption is made
Board resolution dated 19 August 2025
and NZX Listing Rule 4.6.1

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, restrictions and details of the
issue are set out in the spark Share Offer
Document and the Spark Share Trust
Deed. The ordinary shares are issued to
a nominee of the Spark Share trustee and
held for a restrictive period of at least
three years for the benefit of employee
participants. The shares rank pari passu
with existing ordinary shares.
Date of issue/acquisition/redemption
2
29/09/2025
Section 3: Disclosure required for Placements made under Rule 4.5.1
[Issuers may opt to release Section 3 information (if not already done so) in a separate announcement within five Business Days of
the issuance. Delete this Section 3 if capital change is not the result of a Placement under Rule 4.5.1]

Details of the approach in identifying investors who
were able to participate in the offer and how their
respective allocations in the offer were determined.

The explanation must set out the key objectives
and criteria the Issuer adopted in the allocation
process, whether one of those objectives was a
best effort to allocate on a pro rata basis to existing
holders of the Issuer’s Equity Securities, and any
significant exceptions or deviations from those
objectives and criteria.
N/A
Section 4: Authority for this announcement and contact person
Name of person

authorised to make this
announcement
Paige Howard-Smith, Company Secretary
Contact person for this announcement Paige Howard-Smith
Contact phone number +64 9 306 4697
Contact email address paige.howard-smith@spark.co.nz
Date of release through MAP

29/09/2025




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).