Ann: ALLOT: CVT: 571,429 Ordinary Shares issued for NZ Honey business

• Release Date: 01/07/14 17:06
• Summary: ALLOT: CVT: 571,429 Ordinary Shares issued for NZ Honey business
• Price Sensitive: No
• Download Document  1.57KB

					CVT
01/07/2014 17:06
ALLOT

REL: 1706 HRS Comvita Limited

ALLOT: CVT: 571,429 Ordinary Shares issued for NZ Honey business

We hereby advise NZX in accordance with NZSX Listing Rule 7.12.1 that Comvita
Limited ("CVT") has issued securities, the details of which are as follows:
a) Class of Security and ISIN: Ordinary Shares NZCVTE000157;
b) the number issued: 571,429;
c) the nominal value (if any) and issue or acquisition price: $3.50 per
share;
d) whether payment was in cash: Issued as partial consideration for
acquisition of NZ Honey business;
e) any amount paid up (if not in full): N/A;
f) the principal terms of the Securities (other than for Quoted Securities):
N/A
g) the percentage of the total Class of Securities issued or acquired:
1.7866% of issued Ordinary Shares before this share issue;
h) the reason for the issue or acquisition: Issued as partial consideration
for acquisition of NZ Honey business;
i) the specific authority for the issue or acquisition (if any): Directors
Resolution;
j) any terms or details of the issue or acquisition (such as an escrow
provision): The shares are to be held in escrow and released annually over a
6 year period pursuant to the terms of an Escrow Deed.
k) the total number of Securities of the Class in existence after the issue
or acquisition: 32,556,412;
l) in the case of an acquisition of shares by an Issuer which is a company
registered under the Companies Act 1993, whether those shares are to be held
as Treasury Stock: N/A;
m) the date of issue or acquisition: 1 July 2014.
End CA:00252314 For:CVT    Type:ALLOT      Time:2014-07-01 17:06:24