Heartland Group expands share capital through dividend reinvestment plan

Heartland Group Holdings Limited has issued 2,443,526 new ordinary shares under its dividend reinvestment plan, effective September 12, 2025. These fully paid ordinary shares were issued at NZD 0.92856675 per security, representing a cash consideration from participating shareholders. This issuance increases the total number of ordinary shares on issue (excluding treasury stock) to 942,543,367, adding 0.26% to the total prior to this issue.

The new shares will rank equally in all respects with existing issued securities of the same class from their issue date. The issuance was approved by the directors' resolutions, as noted in the capital change notice, and aligns with the terms outlined in the HGH dividend reinvestment plan offer document dated August 20, 2025.

Heartland Group's current unquoted securities include 459,070 treasury stock, 1,149,148 performance rights, and 100,000 medium term notes.