- Release Date: 12/10/15 16:36
- Summary: GENERAL: WHS: Notice of Issue of Conditional Rights
- Price Sensitive: No
- Download Document 2.42KB
WHS 12/10/2015 16:36 GENERAL NOT PRICE SENSITIVE REL: 1636 HRS The Warehouse Group Limited GENERAL: WHS: Notice of Issue of Conditional Rights Notice of Issue of Conditional Rights 12 October 2015 THE WAREHOUSE GROUP LIMITED NZX Listing Rule 7.12.1 - Notice of Issue of Conditional Rights The Warehouse Group Limited ("the company") hereby advises that it issued conditional rights, as set out below, to various executives of the company on 12 October 2015. Class of Security Conditional Rights to ordinary shares in the company pursuant to The Warehouse Group Limited Executive Share Scheme ISIN NZ WHSE 000 1S6 Number of securities issued Conditional rights in respect of 726,109 ordinary shares (classified in the offer booklet as "Performance Shares") Conditional rights in respect of 1,724,959 ordinary shares (classified in the offer booklet as "Award Shares") Issue price Nil Whether Payment in cash No. The conditional rights to be allocated and transferred ordinary shares in The Warehouse Group Limited is subject to the satisfaction of certain performance conditions which have been advised on an individual basis to the selected executive employees ("Executive Employees") participating in The Warehouse Group Limited Executive Share Scheme. Any amount paid up (if not in full) Nil Percentage of total class issued 100% Reasons for the issue: Issue of conditional rights to selected Executive Employees to be allocated and transferred ordinary shares in the company upon the satisfaction of certain conditions Specific authority of the issue Resolution of shareholders dated 23 March 2007 and Resolution of directors dated 17 September 2015. Terms or details of the issue Performance Shares Performance Target - Total Shareholder Return of $0.78 Performance Period - 12 October 2015 to 12 October 2018 Expected Vesting - 26 October 2018 Award Shares Expected vesting will commence on 28 October 2016 Total number of securities of the class in existence after the issue 2,451,068 conditional rights pursuant to Executive Share Scheme October 2015 Offer 1,538,106 conditional rights pursuant to Executive Share Scheme October 2014 Offer 789,434 conditional rights pursuant to Executive Share Scheme October 2013 Offer 909,204 conditional rights pursuant to Executive Share Scheme October 2012 Offer Date of issue 12 October 2015 Kerry Nickels Company Secretary The Warehouse Group Limited End CA:00271603 For:WHS Type:GENERAL Time:2015-10-12 16:36:04
- Forums
- NZX - By Stock
- WHS
- Ann: GENERAL: WHS: Notice of Issue of Conditional Rights
Ann: GENERAL: WHS: Notice of Issue of Conditional Rights
Featured News
Add WHS (NZSX) to my watchlist
|
|||||
Last
$1.20 |
Change
-0.010(0.83%) |
Mkt cap ! n/a |
Open | High | Low | Value | Volume |
$1.24 | $1.24 | $1.20 | $42.06K | 34.91K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
0 | 522 | $1.20 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$1.24 | 46386 | 0 |
Last trade - 13.00pm 27/08/2024 (20 minute delay) ? |
Featured News
WHS (NZSX) Chart |
The Watchlist
SBW
SHEKEL BRAINWEIGH LTD
Dani Nadri, Country Manager Australia
Dani Nadri
Country Manager Australia
SPONSORED BY The Market Online