HBL
04/03/2016 12:13
ALLOT
NOT PRICE SENSITIVE
REL: 1213 HRS Heartland Bank Limited
ALLOT: HBL: Notification of Allotment of Securities
NZX Release
Notification of Allotment of Securities
4 March 2016
For the purposes of Listing Rules 7.12.1 and 7.12.9 of the NZX Main Board
Listing Rules, Heartland Bank Limited (Heartland) (NZX: HBL) advises that the
following securities have been issued pursuant to its LTI Net Share Settled
Option Plan:
Class of Security: Fully paid ordinary shares
ISIN: NZBSHE0001S0
Number issued: 12,164
Issue price: $1.1492
Payment: Consideration satisfied pursuant to the settlement amount under the
LTI Net Share Settled Option Plan
Amount paid up: Fully paid up
Percentage of total class issued: 0.0026% of the total number of fully paid
ordinary shares prior to this issue
Reason for issue: Issue of fully paid ordinary shares on exercise of options
issued under the LTI Net Share Settled
Option Plan in respect of which an exercise notice has been received
following those options becoming convertible into fully paid ordinary shares
Authority for issue: Directors' resolution
Terms or details of issue: Pursuant to the LTI Net Share Settled Option Plan
dated 28 June 2013
Total number of securities after issue: 473,686,516
Date of issue: 4 March 2016
Additional information For the purposes of Listing Rule 7.12.9 of the NZX
Main Board Listing Rules, Heartland advises:
(a) 33,251 options have been converted into 12,164 fully paid ordinary
shares in Heartland (as set out in this notice);
(b) there are no interest or dividend conditions attaching to the fully paid
ordinary shares that have been issued (as set out in this notice); and
(c) 4,716,794 options issued under the LTI Net Share Settled Option Plan of
the same class remain to be converted.
- Ends -
For further information please contact:
Michael Drumm
General Counsel
Heartland Bank Limited
DDI 09 927 9287
End CA:00278824 For:HBL Type:ALLOT Time:2016-03-04 12:13:15
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