FRE
14/09/2015 16:22
RELINT
NOT PRICE SENSITIVE
REL: 1622 HRS Freightways Limited
RELINT: FRE: Disclosure Notice - D&O Relevant Interests
Ongoing Disclosure Notice
Disclosure of Directors and Senior Managers Relevant Interests
Sections 297(2) and 298(2), Financial Markets Conduct Act 2013
To NZX Limited
Name of listed issuer: Freightways Limited
Date this disclosure made: 14 September 2015
Date of last disclosure: 9 March 2015
Director or senior manager giving disclosure
Full name(s): Dean John Bracewell
Name of listed issuer: Freightways Limited
Name of related body corporate (if applicable): n/a
Position held in listed issuer: Managing Director
Summary of acquisition or disposal of relevant interest (excluding specified
derivatives)
Class of affected quoted financial products: Fully paid ordinary shares
Nature of the affected relevant interest(s): Non-beneficial relevant
interest
For that relevant interest-
Number held in class before acquisition or disposal:
(a) 1,402,896 fully paid ordinary shares
(b) 995,273 fully paid ordinary shares
Number held in class after acquisition or disposal:
(a) 1,402,896 fully paid ordinary shares
(b) 1,051,263 fully paid ordinary shares
Current registered holder(s):
(a) Lucerne Road Investments Ltd
(b) D Bracewell, P Bracewell and Bracewell Corporate Trustee Company Ltd as
Trustees for the Bracewell Family Trust
Registered holder(s) once transfers are registered: As for current holders
above.
Summary of acquisition or disposal of specified derivatives relevant interest
(if applicable)
Type of affected derivative: n/a
Class of underlying financial products: n/a
Details of affected derivative-
The notional value of the derivative (if any) or the notional amount of
underlying financial products (if any): n/a
A statement as to whether the derivative is cash settled or physically
settled: n/a
Maturity date of the derivative (if any): n/a
Expiry date of the derivative(if any): n/a
The price specified in the terms of the derivative (if any): n/a
Any other details needed to understand how the amount of the consideration
payable under the derivative or the value of the derivative is affected by
the value of the underlying financial products: n/a
For that derivative,-
Parties to the derivative: n/a
If the director or senior manager is not a party to the derivative, the
nature of the relevant interest in the derivative: n/a
Details of transactions giving rise to acquisition or disposal-
Total number of transactions to which notice relates: Three (3)
Details of transactions requiring disclosure-
Date of transaction: 14 September 2015
Nature of transaction:
(i) 55,990 partly-paid ordinary shares fully paid-up in accordance with the
terms of the Freightways Senior Executive Performance Share Plan. These
shares have now been fully paid-up to their respective issue price (52,468 at
$3.97, 2,950 at $3.15 and 572 at $2.85).
(ii) Allocation of 42,065 partly-paid ordinary shares from the Freightways
Senior Executive Performance Share Plan. These shares have been paid up to
one cent only. The balance of the $5.39 issue price may only be fully paid up
once performance hurdles and vesting periods have been met in accordance with
the Plan rules.
(iii) Redemption of 24 partly-paid ordinary shares by Freightways Limited in
accordance with the PSP Rules. As the shares had not become eligible to be
fully paid up within 5 years from the date of issue, Freightways Limited was
required by the PSP Rules to redeem them. These shares were paid up to one
cent only at the date of issue. The consideration payable by Freightways
Limited upon redemption was the paid up amount. The partly-paid ordinary
shares were cancelled upon redemption.
Name of any other party or parties to the transaction (if known):
Freightways Limited
The consideration, expressed in New Zealand dollars, paid or recieved for the
acquisition or disposal. If the consideration was not in cash and cannot be
readily by converted into a cash value, describe the consideration:
(i) $218,660.76
(ii) $420.65
(iii) $0.24
Number of financial products to which the transaction related:
(i) 55,990 fully paid ordinary shares
(ii) 42,065 partly-paid ordinary shares
(iii) 24 partly-paid ordinary shares
If the issuer has a financial products trading policy that prohibits
directors or senior managers from trading during any period without written
clearance (a closed period) include the following details--
Whether relevant interests were aquired or disposed of during a closed
period: No
Whether prior written clearance was provided to allow the aquisition or
disposal to proceed during the closed period: n/a
Date of the prior written clearance (if any): n/a
Summary of other relevant interests after acquisition or disposal:
Class of quoted financial products: Partly-paid ordinary shares
Nature of relevant interest: Beneficial relevant interest
For that relevant interest,-
Number held in class: 140,524 partly-paid ordinary shares
Current registered holder(s): Dean Bracewell
For a derivative relevant interest,-
Type of derivative: n/a
Details of derivative-
The notional value of the derivative (if any) or the notional amount of
underlying financial products (if any): n/a
A statement as to whether the derivative is cash settled or physically
settled: n/a
Maturity date of the derivative (if any): n/a
Expiry date of the derivative (if any): n/a
The price's specified terms (if any): n/a
Any other details needed to understand how the amount of the consideration
payable under the derivative or the value of the derivative is affected by
the value of the underlying financial products: n/a
For that derivative relevant interest,-
Parties to the derivative: n/a
If the director or senior manager is not a party to the derivative, the
nature of the relevant interest in the derivative: n/a
Cerification
I certify that, to the best of my knowledge and belief, the information
contained in this disclosure is correct and that I am duly authorised to make
this disclosure by all persons for whom it is made.
Signature of person authorised to sign on behalf of director or officer:
Date of signature: 14 September 2015
Name and title of authorised person: Mark G Royle
Chief Financial Officer
To NZX Limited
Name of listed issuer: Freightways Limited
Date this disclosure made: 14 September 2015
Date of last disclosure: 10 September 2014
Director or senior manager giving disclosure
Full name(s): Mark Gordon Royle
Name of listed issuer: Freightways Limited
Name of related body corporate (if applicable): n/a
Position held in listed issuer: Chief Financial Officer
Summary of acquisition or disposal of relevant interest (excluding specified
derivatives)
Class of affected quoted financial products: Fully paid ordinary shares
Nature of the affected relevant interest(s): Non-beneficial relevant
interest
For that relevant interest-
Number held in class before acquisition or disposal: 136,751 fully paid
ordinary shares
Number held in class after acquisition or disposal: 151,958 fully paid
ordinary shares
Current registered holder(s): Royle Family Holdings Pty Ltd, as trustee for
the Royle Family Trust, of which Mark Royle is a beneficiary.
Registered holder(s) once transfers are registered: As for current holder
above.
Summary of acquisition or disposal of specified derivatives relevant interest
(if applicable)
Type of affected derivative: n/a
Class of underlying financial products: n/a
Details of affected derivative-
The notional value of the derivative (if any) or the notional amount of
underlying financial products (if any): n/a
A statement as to whether the derivative is cash settled or physically
settled: n/a
Maturity date of the derivative (if any): n/a
Expiry date of the derivative(if any): n/a
The price specified in the terms of the derivative (if any): n/a
Any other details needed to understand how the amount of the consideration
payable under the derivative or the value of the derivative is affected by
the value of the underlying financial products: n/a
For that derivative,-
Parties to the derivative: n/a
If the director or senior manager is not a party to the derivative, the
nature of the relevant interest in the derivative: n/a
Details of transactions giving rise to acquisition or disposal-
Total number of transactions to which notice relates: Three (3)
Details of transactions requiring disclosure-
Date of transaction: 14 September 2015
Nature of transaction:
(i) 15,207 partly-paid ordinary shares fully paid-up in accordance with the
terms of the Freightways Senior Executive Performance Share Plan. These
shares have now been fully paid-up to their respective issue price (14,199 at
$3.97, 840 at $3.15 and 168 at $2.85).
(ii) Allocation of 9,634 partly-paid ordinary shares from the Freightways
Senior Executive Performance Share Plan. These shares have been paid up to
one cent only. The balance of the $5.39 issue price may only be fully paid up
once performance hurdles and vesting periods have been met in accordance with
the Plan rules.
(iii) Redemption of 7 partly-paid ordinary shares by Freightways Limited in
accordance with the PSP Rules. As the shares had not become eligible to be
fully paid up within 5 years from the date of issue, Freightways Limited was
required by the PSP Rules to redeem them. These shares were paid up to one
cent only at the date of issue. The consideration payable by Freightways
Limited upon redemption was the paid up amount. The partly-paid ordinary
shares were cancelled upon redemption.
Name of any other party or parties to the transaction (if known):
Freightways Limited
The consideration, expressed in New Zealand dollars, paid or recieved for the
acquisition or disposal. If the consideration was not in cash and cannot be
readily by converted into a cash value, describe the consideration:
(i) $59,342.76
(ii) $96.34
(iii) $0.07
Number of financial products to which the transaction related:
(i) 15,207 fully paid ordinary shares
(ii) 9,634 partly-paid ordinary shares
(iii) 7 partly-paid ordinary shares
If the issuer has a financial products trading policy that prohibits
directors or senior managers from trading during any period without written
clearance (a closed period) include the following details--
Whether relevant interests were aquired or disposed of during a closed
period: No
Whether prior written clearance was provided to allow the aquisition or
disposal to proceed during the closed period: n/a
Date of the prior written clearance (if any): n/a
Summary of other relevant interests after acquisition or disposal:
Class of quoted financial products: Partly-paid ordinary shares
Nature of relevant interest: Beneficial relevant interest
For that relevant interest,-
Number held in class: 32,745 partly-paid ordinary shares
Current registered holder(s): Mark Royle
For a derivative relevant interest,-
Type of derivative: n/a
Details of derivative-
The notional value of the derivative (if any) or the notional amount of
underlying financial products (if any): n/a
A statement as to whether the derivative is cash settled or physically
settled: n/a
Maturity date of the derivative (if any): n/a
Expiry date of the derivative (if any): n/a
The price's specified terms (if any): n/a
Any other details needed to understand how the amount of the consideration
payable under the derivative or the value of the derivative is affected by
the value of the underlying financial products: n/a
For that derivative relevant interest,-
Parties to the derivative: n/a
If the director or senior manager is not a party to the derivative, the
nature of the relevant interest in the derivative: n/a
Cerification
I certify that, to the best of my knowledge and belief, the information
contained in this disclosure is correct and that I am duly authorised to make
this disclosure by all persons for whom it is made.
Signature of person authorised to sign on behalf of director or officer:
Date of signature: 14 September 2015
Name and title of authorised person: Mark G Royle
Chief Financial Officer
To NZX Limited
Name of listed issuer: Freightways Limited
Date this disclosure made: 14 September 2015
Date of last disclosure: 10 September 2014
Director or senior manager giving disclosure
Full name(s): Mark Troughear
Name of listed issuer: Freightways Limited
Name of related body corporate (if applicable): n/a
Position held in listed issuer: General Manager
Summary of acquisition or disposal of relevant interest (excluding specified
derivatives)
Class of affected quoted financial products: Fully paid ordinary shares
Nature of the affected relevant interest(s): Beneficial relevant interest
For that relevant interest-
Number held in class before acquisition or disposal:
(a) 379,856 fully paid ordinary shares
(b) 2,155 fully paid ordinary shares
Number held in class after acquisition or disposal:
(a) 387,530 fully paid ordinary shares
(b) 2,155 fully paid ordinary shares
Current registered holder(s):
(a) Mark Troughear (beneficial)
(b) Freightways Trustee Company Limited (non-beneficial)
Registered holder(s) once transfers are registered: As for current holders
above.
Summary of acquisition or disposal of specified derivatives relevant interest
(if applicable)
Type of affected derivative: n/a
Class of underlying financial products: n/a
Details of affected derivative-
The notional value of the derivative (if any) or the notional amount of
underlying financial products (if any): n/a
A statement as to whether the derivative is cash settled or physically
settled: n/a
Maturity date of the derivative (if any): n/a
Expiry date of the derivative(if any): n/a
The price specified in the terms of the derivative (if any): n/a
Any other details needed to understand how the amount of the consideration
payable under the derivative or the value of the derivative is affected by
the value of the underlying financial products: n/a
For that derivative,-
Parties to the derivative: n/a
If the director or senior manager is not a party to the derivative, the
nature of the relevant interest in the derivative: n/a
Details of transactions giving rise to acquisition or disposal-
Total number of transactions to which notice relates: Three (3)
Details of transactions requiring disclosure-
Date of transaction: 14 September 2015
Nature of transaction:
(i) 7,674 partly-paid ordinary shares fully paid-up in accordance with the
terms of the Freightways Senior Executive Performance Share Plan. These
shares have now been fully paid-up to their respective issue price (7,171 at
$3.97, 419 at $3.15 and 84 at $2.85).
(ii) Allocation of 5,384 partly-paid ordinary shares from the Freightways
Senior Executive Performance Share Plan. These shares have been paid up to
one cent only. The balance of the $5.39 issue price may only be fully paid up
once performance hurdles and vesting periods have been met in accordance with
the Plan rules.
(iii) Redemption of 4 partly-paid ordinary shares by Freightways Limited in
accordance with the PSP Rules. As the shares had not become eligible to be
fully paid up within 5 years from the date of issue, Freightways Limited was
required by the PSP Rules to redeem them. These shares were paid up to one
cent only at the date of issue. The consideration payable by Freightways
Limited upon redemption was the paid up amount. The partly-paid ordinary
shares were cancelled upon redemption.
Name of any other party or parties to the transaction (if known):
Freightways Limited
The consideration, expressed in New Zealand dollars, paid or recieved for the
acquisition or disposal. If the consideration was not in cash and cannot be
readily by converted into a cash value, describe the consideration:
(i) $29,951.38
(ii) $53.84
(iii) $0.04
Number of financial products to which the transaction related:
(i) 7,674 fully paid ordinary shares
(ii) 5,384 partly-paid ordinary shares
(iii) 4 partly-paid ordinary shares
If the issuer has a financial products trading policy that prohibits
directors or senior managers from trading during any period without written
clearance (a closed period) include the following details--
Whether relevant interests were aquired or disposed of during a closed
period: No
Whether prior written clearance was provided to allow the aquisition or
disposal to proceed during the closed period: n/a
Date of the prior written clearance (if any): n/a
Summary of other relevant interests after acquisition or disposal:
Class of quoted financial products: Partly-paid ordinary shares
Nature of relevant interest: Beneficial relevant interest
For that relevant interest,-
Number held in class: 17,810 partly-paid ordinary shares
Current registered holder(s): Mark Troughear
For a derivative relevant interest,-
Type of derivative: n/a
Details of derivative-
The notional value of the derivative (if any) or the notional amount of
underlying financial products (if any): n/a
A statement as to whether the derivative is cash settled or physically
settled: n/a
Maturity date of the derivative (if any): n/a
Expiry date of the derivative (if any): n/a
The price's specified terms (if any): n/a
Any other details needed to understand how the amount of the consideration
payable under the derivative or the value of the derivative is affected by
the value of the underlying financial products: n/a
For that derivative relevant interest,-
Parties to the derivative: n/a
If the director or senior manager is not a party to the derivative, the
nature of the relevant interest in the derivative: n/a
Cerification
I certify that, to the best of my knowledge and belief, the information
contained in this disclosure is correct and that I am duly authorised to make
this disclosure by all persons for whom it is made.
Signature of person authorised to sign on behalf of director or officer:
Date of signature: 14 September 2015
Name and title of authorised person: Mark G Royle
Chief Financial Officer
To NZX Limited
Name of listed issuer: Freightways Limited
Date this disclosure made: 14 September 2015
Date of last disclosure: 10 September 2014
Director or senior manager giving disclosure
Full name(s): Steve Wells
Name of listed issuer: Freightways Limited
Name of related body corporate (if applicable): New Zealand Couriers Limited
Position held in listed issuer: General Manager
Summary of acquisition or disposal of relevant interest (excluding specified
derivatives)
Class of affected quoted financial products: Fully paid ordinary shares
Nature of the affected relevant interest(s): Beneficial relevant interest
For that relevant interest-
Number held in class before acquisition or disposal:
(a) 596,305 fully paid ordinary shares
(b) 1,554 fully paid ordinary shares
Number held in class after acquisition or disposal:
(a) 603,979 fully paid ordinary shares
(b) 2,035 fully paid ordinary shares
Current registered holder(s):
(a) Steve Wells (beneficial)
(b) Freightways Trustee Company Limited (non-beneficial)
Registered holder(s) once transfers are registered: As for current holders
above.
Summary of acquisition or disposal of specified derivatives relevant interest
(if applicable)
Type of affected derivative: n/a
Class of underlying financial products: n/a
Details of affected derivative-
The notional value of the derivative (if any) or the notional amount of
underlying financial products (if any): n/a
A statement as to whether the derivative is cash settled or physically
settled: n/a
Maturity date of the derivative (if any): n/a
Expiry date of the derivative(if any): n/a
The price specified in the terms of the derivative (if any): n/a
Any other details needed to understand how the amount of the consideration
payable under the derivative or the value of the derivative is affected by
the value of the underlying financial products: n/a
For that derivative,-
Parties to the derivative: n/a
If the director or senior manager is not a party to the derivative, the
nature of the relevant interest in the derivative: n/a
Details of transactions giving rise to acquisition or disposal-
Total number of transactions to which notice relates: Four (4)
Details of transactions requiring disclosure-
Date of transaction: 14 September 2015
Nature of transaction:
(i) 7,674 partly-paid ordinary shares fully paid-up in accordance with the
terms of the Freightways Senior Executive Performance Share Plan. These
shares have now been fully paid-up to their respective issue price (7,171 at
$3.97, 419 at $3.15 and 84 at $2.85).
(ii) Allocation of 481 fully paid ordinary shares from the Freightways
Employee Share Plan. These shares will be held in trust for 3 years by
Freightways Trustee Company Limited in accordance with the Plan rules.
(iii) Allocation of 5,384 partly-paid ordinary shares from the Freightways
Senior Executive Performance Share Plan. These shares have been paid up to
one cent only. The balance of the $5.39 issue price may only be fully paid up
once performance hurdles and vesting periods have been met in accordance with
the Plan rules.
(iv) Redemption of 4 partly-paid ordinary shares by Freightways Limited in
accordance with the PSP Rules. As the shares had not become eligible to be
fully paid up within 5 years from the date of issue, Freightways Limited was
required by the PSP Rules to redeem them. These shares were paid up to one
cent only at the date of issue. The consideration payable by Freightways
Limited upon redemption was the paid up amount. The partly-paid ordinary
shares were cancelled upon redemption.
Name of any other party or parties to the transaction (if known):
Freightways Limited
The consideration, expressed in New Zealand dollars, paid or recieved for the
acquisition or disposal. If the consideration was not in cash and cannot be
readily by converted into a cash value, describe the consideration:
(i) $29,951.38
(ii) $2,337.66
(iii) $53.84
(iv) $0.04
Number of financial products to which the transaction related:
(i) 7,674 fully paid ordinary shares
(ii) 481 fully paid ordinary shares
(iii) 5,384 partly-paid ordinary shares
(iv) 4 partly-paid ordinary shares
If the issuer has a financial products trading policy that prohibits
directors or senior managers from trading during any period without written
clearance (a closed period) include the following details--
Whether relevant interests were aquired or disposed of during a closed
period: No
Whether prior written clearance was provided to allow the aquisition or
disposal to proceed during the closed period: n/a
Date of the prior written clearance (if any): n/a
Summary of other relevant interests after acquisition or disposal:
Class of quoted financial products: Partly-paid ordinary shares
Nature of relevant interest: Beneficial relevant interest
For that relevant interest,-
Number held in class: 17,810 partly-paid ordinary shares
Current registered holder(s): Steve Wells
For a derivative relevant interest,-
Type of derivative: n/a
Details of derivative-
The notional value of the derivative (if any) or the notional amount of
underlying financial products (if any): n/a
A statement as to whether the derivative is cash settled or physically
settled: n/a
Maturity date of the derivative (if any): n/a
Expiry date of the derivative (if any): n/a
The price's specified terms (if any): n/a
Any other details needed to understand how the amount of the consideration
payable under the derivative or the value of the derivative is affected by
the value of the underlying financial products: n/a
For that derivative relevant interest,-
Parties to the derivative: n/a
If the director or senior manager is not a party to the derivative, the
nature of the relevant interest in the derivative: n/a
Cerification
I certify that, to the best of my knowledge and belief, the information
contained in this disclosure is correct and that I am duly authorised to make
this disclosure by all persons for whom it is made.
Signature of person authorised to sign on behalf of director or officer:
Date of signature: 14 September 2015
Name and title of authorised person: Mark G Royle
Chief Financial Officer
To NZX Limited
Name of listed issuer: Freightways Limited
Date this disclosure made: 14 September 2015
Date of last disclosure: 10 September 2014
Director or senior manager giving disclosure
Full name(s): Richard Mitchell-Lowe
Name of listed issuer: Freightways Limited
Name of related body corporate (if applicable): Freightways Information
Services Limited
Position held in listed issuer: General Manager
Summary of acquisition or disposal of relevant interest (excluding specified
derivatives)
Class of affected quoted financial products: Fully paid ordinary shares
Nature of the affected relevant interest(s): Beneficial relevant interest
For that relevant interest-
Number held in class before acquisition or disposal:
(a) 539,612 fully paid ordinary shares
(b) 2,177 fully paid ordinary shares
Number held in class after acquisition or disposal:
(a) 547,286 fully paid ordinary shares
(b) 2,177 fully paid ordinary shares
Current registered holder(s):
(a) RN & MJ Mitchell-Lowe (beneficial)
(b) Freightways Trustee Company Limited (non-beneficial)
Registered holder(s) once transfers are registered: As for current holders
above.
Summary of acquisition or disposal of specified derivatives relevant interest
(if applicable)
Type of affected derivative: n/a
Class of underlying financial products: n/a
Details of affected derivative-
The notional value of the derivative (if any) or the notional amount of
underlying financial products (if any): n/a
A statement as to whether the derivative is cash settled or physically
settled: n/a
Maturity date of the derivative (if any): n/a
Expiry date of the derivative(if any): n/a
The price specified in the terms of the derivative (if any): n/a
Any other details needed to understand how the amount of the consideration
payable under the derivative or the value of the derivative is affected by
the value of the underlying financial products: n/a
For that derivative,-
Parties to the derivative: n/a
If the director or senior manager is not a party to the derivative, the
nature of the relevant interest in the derivative: n/a
Details of transactions giving rise to acquisition or disposal-
Total number of transactions to which notice relates: Three (3)
Details of transactions requiring disclosure-
Date of transaction: 14 September 2015
Nature of transaction:
(i) 7,674 partly-paid ordinary shares fully paid-up in accordance with the
terms of the Freightways Senior Executive Performance Share Plan. These
shares have now been fully paid-up to their respective issue price (7,171 at
$3.97, 419 at $3.15 and 84 at $2.85).
(ii) Allocation of 5,384 partly-paid ordinary shares from the Freightways
Senior Executive Performance Share Plan. These shares have been paid up to
one cent only. The balance of the $5.39 issue price may only be fully paid up
once performance hurdles and vesting periods have been met in accordance with
the Plan rules.
(iii) Redemption of 4 partly-paid ordinary shares by Freightways Limited in
accordance with the PSP Rules. As the shares had not become eligible to be
fully paid up within 5 years from the date of issue, Freightways Limited was
required by the PSP Rules to redeem them. These shares were paid up to one
cent only at the date of issue. The consideration payable by Freightways
Limited upon redemption was the paid up amount. The partly-paid ordinary
shares were cancelled upon redemption.
Name of any other party or parties to the transaction (if known):
Freightways Limited
The consideration, expressed in New Zealand dollars, paid or recieved for the
acquisition or disposal. If the consideration was not in cash and cannot be
readily by converted into a cash value, describe the consideration:
(i) $29,951.38
(ii) $53.84
(iii) $0.04
Number of financial products to which the transaction related:
(i) 7,674 fully paid ordinary shares
(ii) 5,384 partly-paid ordinary shares
(iii) 4 partly-paid ordinary shares
If the issuer has a financial products trading policy that prohibits
directors or senior managers from trading during any period without written
clearance (a closed period) include the following details--
Whether relevant interests were aquired or disposed of during a closed
period: No
Whether prior written clearance was provided to allow the aquisition or
disposal to proceed during the closed period: n/a
Date of the prior written clearance (if any): n/a
Summary of other relevant interests after acquisition or disposal:
Class of quoted financial products: Partly-paid ordinary shares
Nature of relevant interest: Beneficial relevant interest
For that relevant interest,-
Number held in class: 17,810 partly-paid ordinary shares
Current registered holder(s): Richard Mitchell-Lowe
For a derivative relevant interest,-
Type of derivative: n/a
Details of derivative-
The notional value of the derivative (if any) or the notional amount of
underlying financial products (if any): n/a
A statement as to whether the derivative is cash settled or physically
settled: n/a
Maturity date of the derivative (if any): n/a
Expiry date of the derivative (if any): n/a
The price's specified terms (if any): n/a
Any other details needed to understand how the amount of the consideration
payable under the derivative or the value of the derivative is affected by
the value of the underlying financial products: n/a
For that derivative relevant interest,-
Parties to the derivative: n/a
If the director or senior manager is not a party to the derivative, the
nature of the relevant interest in the derivative: n/a
Cerification
I certify that, to the best of my knowledge and belief, the information
contained in this disclosure is correct and that I am duly authorised to make
this disclosure by all persons for whom it is made.
Signature of person authorised to sign on behalf of director or officer:
Date of signature: 14 September 2015
Name and title of authorised person: Mark G Royle
Chief Financial Officer
To NZX Limited
Name of listed issuer: Freightways Limited
Date this disclosure made: 14 September 2015
Date of last disclosure: 10 September 2014
Director or senior manager giving disclosure
Full name(s): Neil Wilson
Name of listed issuer: Freightways Limited
Name of related body corporate (if applicable): Post Haste Limited
Position held in listed issuer: General Manager
Summary of acquisition or disposal of relevant interest (excluding specified
derivatives)
Class of affected quoted financial products: Fully paid ordinary shares
Nature of the affected relevant interest(s): Beneficial relevant interest
For that relevant interest-
Number held in class before acquisition or disposal:
(a) 30,317 fully paid ordinary shares
(b) 3,067 fully paid ordinary shares
Number held in class after acquisition or disposal:
(a) 37,991 fully paid ordinary shares
(b) 3,067 fully paid ordinary shares
Current registered holder(s):
(a) Neil Wilson (beneficial)
(b) Freightways Trustee Company Limited (non-beneficial)
Registered holder(s) once transfers are registered: As for current holders
above.
Summary of acquisition or disposal of specified derivatives relevant interest
(if applicable)
Type of affected derivative: n/a
Class of underlying financial products: n/a
Details of affected derivative-
The notional value of the derivative (if any) or the notional amount of
underlying financial products (if any): n/a
A statement as to whether the derivative is cash settled or physically
settled: n/a
Maturity date of the derivative (if any): n/a
Expiry date of the derivative(if any): n/a
The price specified in the terms of the derivative (if any): n/a
Any other details needed to understand how the amount of the consideration
payable under the derivative or the value of the derivative is affected by
the value of the underlying financial products: n/a
For that derivative,-
Parties to the derivative: n/a
If the director or senior manager is not a party to the derivative, the
nature of the relevant interest in the derivative: n/a
Details of transactions giving rise to acquisition or disposal-
Total number of transactions to which notice relates: Three (3)
Details of transactions requiring disclosure-
Date of transaction: 14 September 2015
Nature of transaction:
(i) 7,674 partly-paid ordinary shares fully paid-up in accordance with the
terms of the Freightways Senior Executive Performance Share Plan. These
shares have now been fully paid-up to their respective issue price (7,171 at
$3.97, 419 at $3.15 and 84 at $2.85).
(ii) Allocation of 5,384 partly-paid ordinary shares from the Freightways
Senior Executive Performance Share Plan. These shares have been paid up to
one cent only. The balance of the $5.39 issue price may only be fully paid up
once performance hurdles and vesting periods have been met in accordance with
the Plan rules.
(iii) Redemption of 4 partly-paid ordinary shares by Freightways Limited in
accordance with the PSP Rules. As the shares had not become eligible to be
fully paid up within 5 years from the date of issue, Freightways Limited was
required by the PSP Rules to redeem them. These shares were paid up to one
cent only at the date of issue. The consideration payable by Freightways
Limited upon redemption was the paid up amount. The partly-paid ordinary
shares were cancelled upon redemption.
Name of any other party or parties to the transaction (if known):
Freightways Limited
The consideration, expressed in New Zealand dollars, paid or recieved for the
acquisition or disposal. If the consideration was not in cash and cannot be
readily by converted into a cash value, describe the consideration:
(i) $29,951.38
(ii) $53.84
(iii) $0.04
Number of financial products to which the transaction related:
(i) 7,674 fully paid ordinary shares
(ii) 5,384 partly-paid ordinary shares
(iii) 4 partly-paid ordinary shares
If the issuer has a financial products trading policy that prohibits
directors or senior managers from trading during any period without written
clearance (a closed period) include the following details--
Whether relevant interests were aquired or disposed of during a closed
period: No
Whether prior written clearance was provided to allow the aquisition or
disposal to proceed during the closed period: n/a
Date of the prior written clearance (if any): n/a
Summary of other relevant interests after acquisition or disposal:
Class of quoted financial products: Partly-paid ordinary shares
Nature of relevant interest: Beneficial relevant interest
For that relevant interest,-
Number held in class: 17,810 partly-paid ordinary shares
Current registered holder(s): Neil Wilson
For a derivative relevant interest,-
Type of derivative: n/a
Details of derivative-
The notional value of the derivative (if any) or the notional amount of
underlying financial products (if any): n/a
A statement as to whether the derivative is cash settled or physically
settled: n/a
Maturity date of the derivative (if any): n/a
Expiry date of the derivative (if any): n/a
The price's specified terms (if any): n/a
Any other details needed to understand how the amount of the consideration
payable under the derivative or the value of the derivative is affected by
the value of the underlying financial products: n/a
For that derivative relevant interest,-
Parties to the derivative: n/a
If the director or senior manager is not a party to the derivative, the
nature of the relevant interest in the derivative: n/a
Cerification
I certify that, to the best of my knowledge and belief, the information
contained in this disclosure is correct and that I am duly authorised to make
this disclosure by all persons for whom it is made.
Signature of person authorised to sign on behalf of director or officer:
Date of signature: 14 September 2015
Name and title of authorised person: Mark G Royle
Chief Financial Officer
End CA:00270118 For:FRE Type:RELINT Time:2015-09-14 16:22:56
