Tender for General Capital Limited Warrants – GENWA & GENWB

General Capital Limited (GEN:NZ) announces that Don Ruxton, an accountant acting on behalf of the Group, is offering the following securities for sale by Tender: - 7,778,542 GENWA - 15,557,084 GENWB Announcement of Warrants The terms of issue and other information can be found in NZX announcements made in late 2018. These warrants were initially offered to all eligible shareholders on the register of General Capital Limited. Those who were not eligible are those who did not reside in New Zealand at issue date. As such these warrants are those that would have been issued to non-eligible shareholders if they had been eligible. Terms of the Tender Tenders close at 12.00 noon on Friday, 27 September 2019. Tenderers can bid for some or all of the warrants available. The directors of General Capital Ltd reserve the right to accept tenders at their discretion, regardless of tendered number or amount. Successful tenderer(s) will be advised by 5.00pm on Friday, 27 September 2019. Settlement will be on Monday, 30 September 2019. Update on General Capital General Capital held its Annual Meeting on Friday 30th August. Information presented at the meeting can be found on General Capital's website at www.GenCap.co.nz or on an NZX announcement dated 30 August 2019. Tenderers are advised to review all information before making a decision. For further information contact: Brent King Managing Director General Capital Limited +64 21 632 660 Brent.King@gencap.co.nz 23 September 2019 End CA:00341430 For:GEN Type:GENERAL Time:2019-09-24 08:30:34