Information for CDI holders

Following ASX delisting, CDI holders have the following options:

  1. Convert CDIs into TSX listed Shares before 7 November 2022

CDI holders can convert CDIs into TSX listed Shares by completing the Conversion Request Form and return it (together with certified supporting identification documentation where required), to the postal or email address on the Conversion Request Form so that it is received by no later than 5.00pm (Australian Eastern Daylight Savings Time) on 7 November 2022.

You can request that the underlying Shares are either:

  1. registered directly under the same name as your CDI holding in book-entry (electronic) form on the Canadian share register in the Direct Registration System (DRS); or
  2. deposited with your stockbroker in the Canadian Depository for Securities (CDS).

If you don’t currently have a stockbroker for TSX share trading, please consider registering TSX-listed shares in the DRS first. The shares can be deposited into a Canadian brokerage account in CDS at a later date when you wish to trade.

Further information about converting CDIs into TSX listed Shares is available in the letter here.

  1. Participate in the Company operated Voluntary Sale Facility and sell CDI holdings between 7 September 2022 and 7 November 2022 OR;

If you wish to participate in the Voluntary Sale Facility, you must complete the Sale Election Form in accordance with the instructions on the form and return it to the postal or email address on the Sale Election Form so that it is received by Computershare by no later than 5.00pm (Australian Eastern Daylight Savings Time) on 7 November 2022.

Under the Voluntary Sale Facility, OceanaGold will facilitate the sale of shares underlying your CDIs through OceanaGold’s appointed broker on the TSX. Sale proceeds will be remitted to you in Australian dollars or New Zealand dollars based on the average price of the Shares sold in the applicable batch and the relevant exchange rate at the time of conversion (rounded down to the nearest cent). Individual CDI holders who would like to receive their proceeds in other currencies are able to enrol in Global Wire (an international wire payment service provided by Computershare) to receive their proceeds in their local currency. You will not receive interest on any proceeds.

Sale proceeds will be deposited into the bank account registered with Computershare. To update your bank account details, or to provide a Global Wire instruction, please visit www.computershare.com.au/easyupdate/OGC.

The Company will pay all brokerage and any related costs, levies or fees associated with the sale of Shares on the TSX on behalf of participating CDI holders and remittance of sale proceeds (including any foreign currency conversion fee) in connection with the Voluntary Sale Facility.

Further information about participating in the Voluntary Sale Facility is available in the letter here.

  1. Do nothing and the Company will sell all the Shares underlying any CDI holdings remaining on foot as at close of business 7 November 2022.

If you do nothing by the close of business on 7 November 2022, the Shares underlying your CDIs will be sold by default under the Compulsory Sale Process. Under this process, the Shares underlying your CDIs will be aggregated with all other remaining CDI holdings and sold by OceanaGold’s appointed broker on the TSX.

Please note that you will not receive any further communication from the Company in relation to the delisting. If you do not take any action under option 1 or option 2 by 7 November 2022, your CDIs will be sold under the Compulsory Sale Process without any further notice.

Further information about the Compulsory Sale Process is available in the letter here.

OceanaGold