Announcement

TRANSACT: NZO: Scheme of Arrangement - Update on Voting 09:54a.m. 
NZO  
08/11/2019 09:54  
TRANSACT  
PRICE SENSITIVE  
REL: 0954 HRS New Zealand Oil & Gas Limited  
 
TRANSACT: NZO: Scheme of Arrangement - Update on Voting  
 
This announcement provides shareholder voting progress figures for the scheme  
of arrangement with O.G. Oil & Gas (Singapore) Pte. Ltd. (OGOG). The scheme  
will only proceed if 75% of the votes cast by minority shareholders  
(shareholders other than OGOG) are in favour of it.  
 
As at 5pm last night, 7 November 2019, 1138 shareholders had voted,  
representing an aggregate of 40 per cent of the 49,568,152 votes exercisable  
by the company's minority shareholders.  
 
755 shareholders have cast votes in favour of the scheme. 316 have voted  
against.  
 
The following table provides a break-down of voting by minority shareholders,  
who represent in total 30.1% of all voting rights in the company:  
 
Number of votes % of votes cast % of all voting rights in company  
For 7,731,201 39.35 4.70  
Against 9,516,369 48.44 5.79  
Discretionary 2,397,795 12.21 1.46  
 
The For and Against voting figures above reflect the postal/electronic votes  
and directed proxies received as at 5pm on 7 November 2019. Shareholders have  
the right to change their vote at any time prior to the cut-off time for  
submitting postal/electronic votes and proxies, being 10am on 12 November  
2019. Additionally, a shareholder who has appointed a proxy or cast a  
postal/electronic vote may nevertheless attend the meeting in person and vote  
as they see fit. The voting figures in the table above are therefore subject  
to change.  
 
For votes to be effective, unless a shareholder attends the meeting in  
person, an appointment of proxy or postal/electronic vote must be received  
by 10.00AM on Tuesday, 12 November 2019.  
 
John Pagani  
GM Corporate Services  
+64 21 570 872  
End CA:00344023 For:NZO Type:TRANSACT Time:2019-11-08 09:54:58  

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