Successful completion of NZ$100m bookbuild

Successful completion of NZ$100m bookbuild Auckland, New Zealand | Redmond, Washington, USA - 19 June 2018 Pushpay Holdings Limited (NZSX:PPH, ASX:PPH, 'Pushpay' or 'the Company') is pleased to advise the bookbuild for Eliot Crowther's NZ$100 million sell down has been successfully completed, with all shares held by Mr Crowther's associated interests being sold, at the clearing price of NZ$4.04 per share. The book was oversubscribed with all bids subject to scaling. The bookbuild was conducted by Deutsche Craigs Limited[i], as manager and underwriter. The bookbuild was well supported, attracting bids from 19 institutional investors across New Zealand, Australia and the US. Pushpay's CEO, Chris Heaslip said, "The success of the bookbuild demonstrates strong support for Pushpay and understanding of our business proposition from a global perspective. The high level of interest and support assisted in delivering a successful outcome for the Company, our existing shareholders and new shareholders. The bookbuild attracted a number of high quality institutional investors, and the support received is testament to Pushpay's business proposition, execution to date and future prospects. "Pushpay would like to thank Deutsche Craigs for their assistance in bringing the process to a successful conclusion and welcome a large number of new shareholders to the Company." Indicative sell down timetable - Conduct bookbuild for underwritten sell down: 18-19 June 2018 - Resume trading and announce completion of bookbuild: 19 June 2018 - Settlement for transfer of sell down shares on the NZX and ASX register: 21 June 2018 ______________ i. Deutsche Craigs Limited is a wholly owned subsidiary of Craigs Investment Partners Limited ("CIP"). The role of Manager may be performed by Deutsche Craigs Limited or CIP (as the NZX Participant Firm) or any of their affiliates, successors and assigns, as appropriate, and those entities shall have the rights and benefits of the Manager. The role of underwriter may be performed by Deutsche Craigs Limited or CIP (as the NZX Participant Firm), and those entities shall have the rights and benefits of the underwriter. Contact Sarah Elder | Investor Relations | Pushpay Holdings Limited P: +64 21 637 449 | E: investors@pushpay.com www.pushpay.com About Pushpay Pushpay provides a donor management system, including donor tools, finance tools and a custom community app, to the faith sector, non-profit organisations and education providers in the US, Canada, Australia and New Zealand. Our leading solutions simplify engagement, payments and administration, enabling our Customers to increase participation and build stronger relationships with their communities. Pushpay receives funding from Callaghan Innovation to help cover the commercialisation of innovation. Pushpay is an award-winning company, team and product. For more information visit www.pushpay.com/investors/awards. Not for release or distribution in the United States This announcement has been prepared for publication in New Zealand and Australia and may not be released or distributed in the United States. This announcement does not constitute an offer, invitation or recommendation to or purchase any security and shall not form the basis of any contract or commitment. In particular, this announcement does not constitute an offer to sell, or a solicitation of an offer to buy, securities in the United States or any other jurisdiction in which such an offer would be illegal. The offer and sale of the Pushpay shares referred to in this announcement has not been and will not be registered under the U.S. Securities Act of 1933 (the "U.S. Securities Act") or the securities laws of any state or other jurisdiction of the United States. Accordingly, the shares may not be offered or sold to persons in the United States unless they have been registered under the U.S. Securities Act (which Pushpay has no intention or obligation to do or procure) or are offered and sold pursuant to an exemption from, or in a transaction not subject to, the registration requirements of the U.S. Securities Act and any other applicable securities laws of any state or other jurisdiction of the United States. ENDS End CA:00319574 For:PPH Type:TRANSACT Time:2018-06-19 14:49:19