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

Company: General Capital Limited (“GEN”)

Warrants Security Code: GENWA

ISIN: NZGENE0006S6

Details of Security to be Quoted: Issue of up to 165,701,167 warrants to existing shareholders

Ratio (Warrants : Shares): 1 : 1

Exercise Price: 7.75 cents per share on the exercise of each warrant

Conversion Ratio of Warrants: One ordinary share for each warrant held

Record Date: Monday, 10 December 2018

Allotment Date: Tuesday, 11 December 2018

Last Trading Date: Friday, 27 March 2020

Last Exercise Date: Tuesday, 31 March 2020

Share Allotment Date: 5 Business Days after month end up to 7 April 2020

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