CEN contact energy limited

Ann: ALLOT: CEN: CEN Notice of issue of Options u

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    • Release Date: 28/11/12 18:37
    • Summary: ALLOT: CEN: CEN Notice of issue of Options under Employee LTI scheme
    • Price Sensitive: No
    • Download Document  1.71KB
    					
    
    CEN
    28/11/2012 16:37
    ALLOT
    
    REL: 1637 HRS Contact Energy Limited
    
    ALLOT: CEN: CEN Notice of issue of Options under Employee LTI scheme
    
    28 November 2012
    
    Notice of issue of Options to acquire Ordinary Shares under Contact Energy
    Limited Employee Long Term Incentive Scheme
    
    The following information is provided in accordance with NZSX Listing Rule
    7.12.1:
    
    Class of securities issued: Options to acquire Ordinary Shares
    ISIN: NZCENE0001S6
    Number of securities issued: 132,154 Options
    Issue price: No consideration is payable for the issue of the Options
    116,280 Options have a set exercise price of $5.2186;  15,874 Options have
    a set exercise price of $0
    Payment in cash: N/A
    Any amount paid up (if not in full): N/A
    Percentage of total class issued: 1.26% of Options to acquire Ordinary Shares
    
    If exercised and converted into Ordinary Shares, 0.02% of Contact Energy
    Limited Ordinary Shares
    Reasons for the issue: Issue of Options pursuant to the Contact Energy
    Limited Employee Long Term Incentive Share Option Scheme
    Specific authority for the issue: Resolution of Directors dated 14 November
    2012
    Terms or details of the issue: Issue of 132,154 Options to acquire Ordinary
    Shares pursuant to the Contact Energy Limited Employee Long Term Incentive
    Share Option Scheme.
    Options can be exercised (subject to the attainment of exercise hurdles and,
    other than in exceptional circumstances, continued employment of the
    participating employee) during the period commencing on 1 October 2015 and
    ending on 30 November 2017.
    Total number of securities of the class in existence after the issue:
    10,499,227 Options
    Date of issue: 28 November 2012
    
    Paul Ridley-Smith
    General Counsel
    End CA:00230360 For:CEN    Type:ALLOT      Time:2012-11-28 16:37:06
    				
 
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