Capital Change Notice - Ordinary Shares

Name of issuer

Serko Limited

NZX ticker code

SKO

Class of financial product

Ordinary Shares in Serko

Limited

ISIN (If unknown, check on NZX website)

NZSKOE0001S7

Currency

NZD

Section 2: Capital change details

Number issued/acquired/redeemed

10,638,297

Nominal value (if any)

N/A

Issue/acquisition/redemption price per security

NZ$7.05

Nature of the payment (for example, cash or other

Cash

consideration)

Amount paid up (if not in full)

Fully paid

Percentage of total class of Financial Products

9.85%

issued/acquired/redeemed/ (calculated on the number of

Financial Products of the Class, excluding any Treasury Stock,

in existence)1

For an issue of Convertible Financial Products or Options, the

N/A

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)

Reason for issue/acquisition/redemption and specific authority

Allotment of 10,638,297

for issue/acquisition/redemption/ (the reason for change must

ordinary shares under a

be identified here)

placement conducted by Serko

Limited.

Total number of Financial Products of the Class after the

118,675,642 ordinary shares

issue/acquisition/redemption/Conversion (excluding Treasury

on issue.

Stock) and the total number of Financial Products of the Class

There are also 160,322

held as Treasury Stock after the issue/acquisition/redemption.

unlisted options outstanding,

taking into account all forfeited

options to date.

There are also 1,861,209

unlisted restricted share units

outstanding, taking into

account all forfeited restricted

share units to date.

In the case of an acquisition of shares, whether those shares

N/A

are to be held as treasury stock

Specific authority for the issue, acquisition, or redemption,

Authorised by a resolution of

including a reference to the rule pursuant to which the issue,

the Board. The placement is

acquisition, or redemption is made

being made pursuant to NZX

Listing Rule 4.5.1.

Terms or details of the issue, acquisition, or redemption (for

The new shares will rank

example: restrictions, escrow arrangements)

equally with all other fully paid

ordinary shares on issue.

Date of issue/acquisition/redemption2

1 December 2021

Section 3: Authority for this announcement and contact person

Name of person authorised to make this announcement

Shane Sampson

Contact person for this announcement

Shane Sampson

Contact phone number

+64 9 884 5916

Contact email address

investor.relations@serko.com

Date of release through MAP

1 December 2021