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- Release Date: 02/09/13 10:30
- Summary: ALLOT: XRO: Notification of allotment of securities
- Price Sensitive: No
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XRO
02/09/2013 08:30
ALLOT
REL: 0830 HRS Xero Limited
ALLOT: XRO: Notification of allotment of securities
30 August 2013
Market Information Services Section
New Zealand Exchange Limited
Wellington
NOTIFICATION OF ALLOTMENT OF SECURITIES
For the purposes of Listing Rule 7.12.1 of the NZSX Listing Rules, Xero
Limited advises the following securities have been issued:
Class of securities issued Ordinary Shares
ISIN NZXROE0001S2
Number of securities issued 76,563 ordinary shares
Issue price $15.62 per share (5 day volume weighted average price).
Payment in cash? Exercise price for the exercise of the options was paid in
cash, as follows:
35,000 options at NZ$2.75 each
32,838 options at NZ$3.82 each
8,725 options NZ$5.31 each
Any amount paid up (if not in full) N/A
Percentage of total class issued (excluding treasury stock) 0.065% of issued
ordinary shares
Reasons for the issue Issue of ordinary shares upon exercise of vested
options under the Xero Limited Employee (USA) Share Option Scheme as part of
the remuneration package of US based employees.
Specific authority for the issue Resolution of directors upon granting of
options
Terms or details of the issue Ordinary shares upon exercise of vested
employee share options
Total number of securities of the class in existence after the issue
(excluding treasury stock) 117,606,203 ordinary shares and 668,469 unlisted
employee share options (taking into account the exercise of 76,563 Options
and the forfeiture of 9,921 Options).
Date of issue
30 August 2013
Ross Jenkins
Company Secretary
End CA:00240509 For:XRO Type:ALLOT Time:2013-09-02 08:30:18
