GFL 0.00% 30.0¢ geneva finance limited ordinary shares

Ann: GENERAL: GFL: GFNZ Grp Allocates Share Options to Key Executive

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    • Release Date: 07/08/15 16:47
    • Summary: GENERAL: GFL: GFNZ Grp Allocates Share Options to Key Executive
    • Price Sensitive: No
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    					GFL
    07/08/2015 16:47
    GENERAL
    NOT PRICE SENSITIVE
    REL: 1647 HRS GFNZ Group Limited
    
    GENERAL: GFL: GFNZ Grp Allocates Share Options to Key Executive
    
    Release 7 August 2015
    
    GFNZ GROUP LIMITED
    ALLOCATES SHARE OPTIONS TO KEY EXECUTIVE
    
    The Board of NZAX-listed auto loan provider GFNZ Group Ltd (GFNZ) today
    allocated share options to key executive staff. This allocation was approved
    by Directors on 7 August 2015.
    
    The key terms of the options issued being:
    o The options allow the holder to acquire 1 share in GFNZ Ltd at 3.8
    cents per share.
    o The term of the options expires on the earlier of
    o 5.00 pm 30 March 2018; and
    o The time on the date when the employee ceases employment with the
    Group.
    o The options confer no voting rights or dividend rights until
    converted to shares.
    
    Under this allotment, 10,000,000 options were issued including 5,000,000 to
    the Managing Director, David O'Connell
    
    GFNZ Group Limited
    [email protected]
    End CA:00268113 For:GFL    Type:GENERAL    Time:2015-08-07 16:47:51
    				
 
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