Announcement

GENERAL: TRA: Turners - confirmation of financial products on issue 09:18am 
TRA
20/06/2019 09:18
GENERAL
NOT PRICE SENSITIVE
REL: 0918 HRS Turners Automotive Group Limited

GENERAL: TRA: Turners - confirmation of financial products on issue

Company Announcement

20 June 2019

Turners - cancellation of options and confirmation of financial products on
issue

Turners Automotive Group Limited (NZX/ASX: TRA) advise it has agreed with
relevant executives to cancel all 1,782,289 out of the money options under
its executive share option scheme for nil consideration to simplify its
capital structure. Accordingly, the financial products on issue comprise:

86,888,064 fully paid quoted ordinary shares (TRA). No shares are held as
treasury stock
25,000,000 quoted bonds (TRA100), carrying a coupon of 5.5%, with final
maturity 30/09/2021

Ends

About Turners
Turners Automotive Group Limited is an integrated financial services group,
primarily operating in the automotive sector.
www.turnersautomotivegroup.co.nz
End CA:00336308 For:TRA Type:GENERAL Time:2019-06-20 09:18:22

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