Ann: QUARTER: NZX: NZX Annual 2015 Operational & Regulation Metrics

• Release Date: 29/01/16 08:30
• Summary: QUARTER: NZX: NZX Annual 2015 Operational & Regulation Metrics
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					NZX
29/01/2016 08:30
QUARTER
PRICE SENSITIVE
REL: 0830 HRS NZX Limited

QUARTER: NZX: NZX Annual 2015 Operational & Regulation Metrics

NZX's full year 2015 operating metrics released today highlight the continued
resilience of New Zealand's capital markets in 2015 and the progression of a
range of market development activities to broaden and deepen our capital
markets.

While IPO activity was down on the record levels of 2014, significant amounts
of secondary capital were raised; the debt market grew substantially; trading
activity was well up on the prior year; and the benchmark S&P/NZX 50 index
increased 13.6% during the year. Conversely, adverse conditions in the rural
sector negatively impacted advertising volumes in NZX's rural publications
and the volume of grain traded on the Clear Grain Exchange.

There were four IPOs on the Main Board in 2015 (Fliway Group, CBL Insurance,
Senior Trust Retirement Village Listed Fund and AFT Pharmaceuticals) and one
NXT market listing (G3 Group). In addition, Mercantile Investment Company
undertook a compliance listing and Pushpay Holdings and Snakk Media migrated
from the NZAX to the Main Board and NXT market respectively.

There was 12.0% growth in trading volumes over the year, and value traded was
up 19.1% compared to 2014. Secondary listing activity was extremely strong
with an additional $12.9 billion of capital raised by all issuers, up 435.9%
on 2014. This was largely driven by significant capital raising activity by
dual-listed Australian banks.

It was an exceptional year for debt listings. New debt issues were up 374.3%
with $8.11 billion listed, including the listing by the Local Government
Funding Agency (LGFA) of all six existing series of its bonds, representing a
total principal amount of $5.56 billion. In 2015, NZX's Debt Market
capitalisation increased by 50.3% to $19.8 billion.

NZX acquired leading New Zealand superannuation and passive funds manager
SuperLife in January 2015. SuperLife achieved good growth in funds under
management over the year, which were up 16.8% overall including 31.1% growth
in its KiwiSaver business. The acquisition of SuperLife enabled the launch of
16 new Exchange Traded Funds (ETFs) during the year, bringing the total
number of ETFs offered by Smartshares to 23. The new ETFs give investors the
opportunity to invest across all the main assets classes, being cash, bonds,
shares and property.

NZX's Derivatives business continued to demonstrate stellar growth with lots
traded up 111.5% on 2014 to 213,627.

NZX Regulation Metrics
NZX also released its annual 2015 regulation metrics today. They show NZX
Regulation commenced 135 investigations of issuers during the year compared
to 107 in 2014. In addition, 71 investigations were commenced in relation to
participants during 2015, unchanged from 2014. Other key regulation
statistics are included in the full metrics documents.

Media contact:
Kate McLaughlin
Head of Communications
T: 09 309 3654
M: 027 533 4529
E: [email protected]

Investor contact:
Bevan Miller
Chief Financial Officer
T: 04 498 2271
M: 021 276 7359
E: [email protected]

About NZX Limited
NZX builds and operates capital, risk and commodity markets and the
infrastructure required to support them. We provide high quality information,
data and tools to support business decision making. We aim to make a
meaningful difference to wealth creation for our shareholders and the
individuals, businesses and economies in which we operate. To learn more
about NZX, please visit: www.nzxgroup.com
End CA:00276942 For:NZX    Type:QUARTER    Time:2016-01-29 08:30:02