Amended PCT, PCTHB & PCTHC - Trading Halt of Securities

NZX Limited
Level 2, NZX Centre
11 Cable Street
PO Box 2959
Wellington 6140
New Zealand
Tel +64 4 472 7599

www.nzx.com

Memorandum

To:
Market Participants
From:
NZX Product Operations
Date:
Monday, 13 October 2025
Subject
: Precinct Properties New Zealand Limited & Precinct Properties Investments
Limited (NS) (“PCT”) Trading Halt of Securities


Message
:
NZ RegCo has approved a trading halt application from Precinct Properties New Zealand
Limited & Precinct Properties Investments Limited (NS) (“PCT”). Trading in PCT’s stapled
ordinary shares (PCT) and quoted and stapled convertible notes (PCTHB and PCTHC) were
halted before the NZX Debt Market opens today.

Attached is the trading halt application for further information.

Please contact NZX Product Operations on +64 4 496 2853 or productoperations@nzx.com
with any queries.

ENDS

---

Precinct Properties New Zealand Limited
hello@precinct.co.nz
0800 400 599
precinct.co.nz
Auckland Office
Level 12, 188 Quay Street, Auckland 1010
PO Box 5140, Auckland 1141, New Zealand
Wellington Office
Level 3, 31 Waring Taylor Street
PO Box 2, Wellington 6140, New Zealand
13 October 2025


To: NZ RegCo
11 Cable St
Wellington
New Zealand


By email: issuer@nzregco.com

Request for trading halt: Precinct Properties New Zealand Limited and Precinct Properties
Investments Limited (NZX Codes: PCT, PCTHB, PCTHC)

Precinct Properties New Zealand Limited and Precinct Properties Investments Limited
(together, Precinct) request that a trading halt be applied to our quoted and stapled
ordinary shares (PCT)and quoted and stapled convertible notes (PCTHB and PCTHC) under
NZX Listing Rule 9.9.1(a), and set out below details of the request as per the rules of NZX.
We do not seek a halt in relation to our quoted green vanilla corporate bonds.

We would like the trading halt to commence immediately.

Reasons for trading halt, including impact of event on fair orderly or transparent markets
Precinct is proposing to raise $310 million of new capital under a fully underwritten offer of
new stapled shares to selected institutional investors on 13 October 2025. The halt is sought
to enable the placement volume bookbuild to be conducted off market in an orderly
manner and to ensure on-market trading is not distorted by the concurrent bookbuild
process.

Jarden Securities Limited, Forsyth Barr Limited, and UBS New Zealand Limited are the joint
lead managers and bookrunners for the placement. Jarden Partners Limited, Forsyth Barr
Group Limited, and UBS New Zealand Limited are the underwriters for the placement.

How long we want the trading halt to last and why
Precinct would like the trading halt to commence immediately and last until the earlier of
the release of a further market announcement confirming completion of the placement
bookbuild and allocations and 9am on 14 October 2025.

The event we expect to happen that will end the trading halt
Release of an announcement confirming completion of the placement bookbuild and
allocations, expected prior to 9am on 14 October 2025.

Precinct Properties New Zealand Limited
hello@precinct.co.nz
0800 400 599
precinct.co.nz
Auckland Office
Level 12, 188 Quay Street, Auckland 1010
PO Box 5140, Auckland 1141, New Zealand
Wellington Office
Level 3, 31 Waring Taylor Street
PO Box 2, Wellington 6140, New Zealand
Other information to necessary inform the market about the trading halt or that NZ RegCo
has requested
We confirm that we are not aware of any reason why the trading halt should not be
granted.

Please contact me if you have any concerns or queries. Alternatively, you can contact
Roger Wallis at Chapman Tripp (027 478 3192).



Yours sincerely



Richard Hilder
Chief Financial Officer
Precinct Properties New Zealand Limited and Precinct Properties Investments Limited