Ann: ALLOT: ANB: ANZ Capital Notes: Notice pursuant to Listing Rule 7.12.1

• Release Date: 31/03/15 16:55
• Summary: ALLOT: ANB: ANZ Capital Notes: Notice pursuant to Listing Rule 7.12.1
• Price Sensitive: No
• Download Document  2.5KB

					ANB
31/03/2015 16:55
ALLOT
NOT PRICE SENSITIVE
REL: 1655 HRS ANZ Bank New Zealand Limited

ALLOT: ANB: ANZ Capital Notes: Notice  pursuant to Listing Rule 7.12.1

The following is a summary only. Full details of the ANZ Capital Notes
(Notes) are contained in the investment statement dated 23 February 2015
(Investment Statement) and in the "Note Terms" forming schedule 1 of the deed
poll dated 23 February 2015 (as amended from time to time) (Deed Poll) made
by ANZ Bank New Zealand Limited (ANB). Copies of these documents will be
available at
www.anz.co.nz/about-us/media-centre/investor-information/anzcapitalnotes or
by calling (09) 252 6507. The Notes are riskier than a bank deposit. The
Notes are not call deposits or term deposits with ANB and may not be suitable
for many investors.

Pursuant to Listing Rule 7.12.1 please be advised that ANB has issued the
Notes as follows:

(a) Class of Security: Mandatory convertible, non-cumulative perpetual
subordinated debt securities

(b) ISIN: NZANBDT013C0

(c) Number of Securities issued: 500 million

(d) Nominal value: NZ$1.00 per Note

(e) Issue price: NZ$1.00 per Note

(f) Payment: Cash

(g) Amount paid up: Fully paid up

(h) Principal terms of Securities if not quoted securities: Not applicable

(i) Percentage of the total class of Securities issued: 100%

(j) Reason for issue: The proceeds of the issue will be used as part of the
capital management for ANB and the Australia and New Zealand Banking Group
Limited (ANZ) Level 2 Group. The Notes will be treated as Additional Tier 1
Capital for ANB and for the ANZ Level 2 Group

(k) Specific authority for issue: The capital notes are issued pursuant to
the Deed Poll and Investment Statement.  The issue was approved by
resolutions of the boards of directors of ANB and ANZ

(l) Terms or details of the issue: As set out in the Investment Statement

(m) Total number of Securities of the class in existence after the issue: 500
million

(n) Treasury stock (for acquisition only): Not applicable

(o) Date of issue: 31 March 2015

(p) NZD Issue Date VWAP: NZ$36.72 (subject to adjustment in accordance with
the Note Terms)

(q) Maximum Conversion Number: Assuming no adjustments are made to the NZD
Issue Date VWAP:

(i) Conversion occurring on a Mandatory Conversion Date: 0.054466 ANZ
ordinary shares per Note;
(ii) Conversion occurring at any other time: 0.136166 ANZ ordinary shares per
Note.

Released by:
Paul Daley, Treasurer
Tel: +64 436 6798
Email: [email protected]
End CA:00262555 For:ANB    Type:ALLOT      Time:2015-03-31 16:55:45