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- Release Date: 14/03/14 12:42
- Summary: ALLOT: PEB: Conversion of Pacific Edge Limited Preference Shares
- Price Sensitive: No
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PEB
14/03/2014 10:42
ALLOT
REL: 1042 HRS Pacific Edge Limited
ALLOT: PEB: Conversion of Pacific Edge Limited Preference Shares
Conversion of Pacific Edge Limited Preference Shares
Pacific Edge confirms that the remaining 52,500 Series A Convertible
Preference Shares (SACPs) on issue with the Company have now been converted
to ordinary shares in accordance with their terms of issue (as varied).
The conversion ratio was 7 ordinary shares for every 1 SACP converted which
has resulted in a further 367,500 new ordinary shares being issued by the
Company.
Chris Swann
Chairman
14 March 2014
Notice of Issue of Shares
Class of securities issued: Ordinary shares
Company: Pacific Edge Limited
ISIN: NZPEBE0002S1
Number of securities issued: 367,500
Issue price: Conversion of 52,500 existing Series A Convertible Preference
Shares (SACPs) to ordinary shares
Payment in cash?: No, Conversion of SACPs to ordinary Shares.
Any amount paid up (if not in full): Fully paid
Number of securities of relevant class issued prior to this issue:
318,248,421
Percentage of total class issued: 0.12%
Reasons for the issue: Pursuant to terms of issue of the SACPs
Specific authority for the issue: Resolutions of directors
Terms or details of the issue: New ordinary shares which rank equally with
other fully paid ordinary shares
Total number of securities of the class in existence after the issue:
318,615,921
Date of issue: 14 March 2014
End CA:00248221 For:PEB Type:ALLOT Time:2014-03-14 10:42:57
