Ann: ALLOT: SNK: ISSUE OF SECURITIES BY SNAKK MED

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    • Release Date: 17/06/13 19:21
    • Summary: ALLOT: SNK: ISSUE OF SECURITIES BY SNAKK MEDIA LIMITED
    • Price Sensitive: No
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    SNK
    17/06/2013 17:21
    ALLOT
    
    REL: 1721 HRS Snakk Media Limited
    
    ALLOT: SNK: ISSUE OF SECURITIES BY SNAKK MEDIA LIMITED
    
    SNAKK MEDIA LIMITED
    
    17 June 2013
    
    NZX Limited
     Wellington
    
    ISSUE OF SECURITIES BY SNAKK MEDIA LIMITED
    
    Snakk Media Limited ("SNK") advises that it has issued new ordinary shares as
    follows:
    
    Class of Security: Ordinary Shares (SNK).
    
    ISIN: NZSNKE0001S9.
    
    Number issued: 1,500,000.
    
    Payment: 1,500,000 of the new shares have been issued at an issue price of 5
    cents per share in terms of the SNK share option plan upon the conversion of
    fully paid share options to ordinary shares in SNK.
    
    Percentage of total Class
    of Securities issued: 0.57% (of the total number of ordinary shares on issue
    post completion of the issue).
    
    Reason for the issue: New issue of ordinary shares upon the exercise of
    options issued under the terms and conditions of the SNK share option plan.
    
    Authority of issue: Director's Resolution and NZAX Listing Rules 7.3.4.
    
    Terms of issue: The new shares are credited as fully paid, and rank in all
    respects equally with the shares already on issue.
    
    Total number of securities
    of the Class in existence
    after the issue:  261,902,886 ordinary shares.
    
    Date of issue: 17 June 2013
    
    SNAKK MEDIA LIMITED
    
    Director
    End CA:00237506 For:SNK    Type:ALLOT      Time:2013-06-17 17:21:55
    				
 
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