KPG kiwi property group limited

Ann: ALLOT: KPG: Allotment of securities

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    					KPG
    16/04/2015 11:19
    ALLOT
    NOT PRICE SENSITIVE
    REL: 1119 HRS Kiwi Property Group Limited
    
    ALLOT: KPG: Allotment of securities
    
    Pursuant to Listing Rule 7.12.1, Kiwi Property Group Limited gives notice as
    follows.
    
    (a) Class of Security and ISIN: Fully paid ordinary shares. The ISIN is
    NZKPGE0001S9
    
    (b) Number of securities issued: 67,760
    
    (c) Issue price: $1.289
    
    (d) Payment: Cash
    
    (e) Amount paid up: Fully paid
    
    (f) % of the total class of securities issued: 0.006% of the shares on issue
    (including these new shares)
    
    (g) Reason for issue: The shares were issued to participants of Kiwi Property
    Group Limited's employee share option plan. Each participant received 605
    shares based on a contribution by the company of $780 per participant and an
    allocation price of $1.289 per share.  The subscription price payable by each
    participant for their shares was $1.00.
    
    (h) Specific authority for issue:  Board resolutions dated 31 March 2015
    
    (i) Terms or details of issue: The issued shares rank equally with existing
    fully paid ordinary shares
    
    (j) Total number of securities of the class in existence after the issue:
    1,138,966,618
    
    (k) Treasury stock (acquisition only): Not applicable
    
    (l) Date of issue: 16 April 2015
    
    > Ends
    
    Contact us for further information
    
    Chris Gudgeon
    Chief Executive
    email [email protected]
    direct +64 9 359 4011
    mobile +64 21 855 907
    
    Stuart Tabuteau
    Chief Financial Officer
    email [email protected]
    direct +64 9 359 4025
    mobile +64 21 912 247
    
    About us
    
    Kiwi Property (NZX: KPG) is the largest listed property company on the New
    Zealand Stock Exchange and is a member of the NZX15 Index.  We've been around
    for more than 20 years and we proudly own and manage a $2.28 billion
    portfolio of real estate, comprising some of New Zealand's best shopping
    centres and prime office buildings.   Our objective is to provide investors
    with a reliable investment in New Zealand property by targeting superior
    risk-adjusted returns over time through the ownership and active management
    of a diversified, high-quality portfolio.  To find out more, visit our
    website kp.co.nz
    End CA:00263186 For:KPG    Type:ALLOT      Time:2015-04-16 11:19:22
    				
 
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