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- Release Date: 14/11/13 13:30
- Summary: ALLOT: XRO: Notification of Allotment of Securities
- Price Sensitive: No
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XRO
14/11/2013 11:30
ALLOT
REL: 1130 HRS Xero Limited
ALLOT: XRO: Notification of Allotment of Securities
14 November 2013
Market Information Services Section
New Zealand Exchange Limited
Wellington
NOTIFICATION OF ALLOTMENT OF SECURITIES
For the purpose of Listing Rule 7.12.1 of the NZSX Listing Rules, Xero
Limited advises the following securities have been issued:
Class of Securities Ordinary Shares
ISIN NZXROE0001S2
Number of securities issued 10,000 Ordinary Shares
Issue price
Non-cash consideration (the Board has determined the reasonable present
cash value of the consideration for the issued shares to be equal to 5 day
VWAP for the Company's shares on the NZX for the 5 full days of trading prior
to the issue of the shares).
Payment in cash
No
Any amount paid up (if not in full) Fully paid
Percentage of total class issued (excluding treasury stock)
0.0001% (as a percentage of Ordinary Shares on issue after this issue, to 4
d.p.)
Reasons for the issue
Issue of Ordinary Shares as consideration for the full satisfaction of
certain key performance indicators relating to the performance of Spotlight
Workpapers (acquired by the Company in July 2012)
Specific authority for the issue
Resolution of directors dated 12 November 2013
Terms or details of the issue Issue of Ordinary Shares - see above
Total number of securities of the class in existence after the issue
(excluding treasury stock) 127,533,561
Date of issue
13 November 2013
Matt Vaughan
Company Secretary
Email: [email protected]
End CA:00243782 For:XRO Type:ALLOT Time:2013-11-14 11:30:09
