QUOTATION NOTICE: NZX ALTERNATIVE MARKET
GENERAL CAPITAL LIMITED (“GENWB”) WARRANTS

Company: General Capital Limited (“GEN”)

Warrants Security Code: GENWB

ISIN: NZGENE0007S4

Details of Security to be Quoted: Issue of up to 331,402,334 warrants to existing shareholders

Ratio (Warrants : Shares): 2 : 1

Exercise Price: 9 cents per share on the exercise of each warrant

Conversion Ratio of Warrants: One ordinary share for every one warrant held

Record Date: Monday, 10 December 2018

Allotment Date: Tuesday, 11 November 2018

Last Trading Date: Friday, 26 November 2021

Last Exercise Date: Tuesday, 30 November 2021

Share Allotment Date: 5 Business Days after month end up to 7 December 2021

Registrar: Computershare Investor Services Limited (“RMLT”)

Settlement Status: NZCDC Settlement System

Mailing of Warrants Holding Statements: Monday, 17 December 2018

Expected Commencement of Trading on the NZX Alternative Market: Tuesday, 11 December 2018

Mark Peterson
Chief Executive Officer
NZX Limited

5 December 2018