Following amendments to the Trust Deed of Goodman Property Trust on 5 August 2014 Goodman (NZ) Limited, the Manager of the Trust, is required to use its base management fee to subscribe for new units in GMT.
The Manager hereby advises the NZX of the allotment of the undermentioned securities and requests these securities be listed and quoted on NZX.
(a) Class of security and ISIN; Goodman Property Trust Units, ISIN NZCPTE0001S9
(b) Number of Units issued; 3,219,812
(c) Issue price; 134.80 cents per unit
(d) Was payment received in cash; Yes, pursuant to the Trust Deed
(e) Amount paid up; Not applicable
(f) Percentage of the total class issued; 0.25% of the units on issue immediately prior to the issue of these new units
(g) Reason for issue; Requirement for the Manager to use its base management fee, for the period 1 October 2015 to 31 March 2016, to subscribe for new units in GMT
(h) Specific authority for the issue; Authorisation of the Independent Directors in accordance with the Trust Deed
(i) Terms of the issue; The units will rank equally in all respects with the existing units in Goodman Property Trust at the date on which they are issued
(j) Total number of units in existence after the issue; 1,276,290,732
(k) Are units held as treasury stock; No
(l) Date of the issue; 30 May 2016