- Release Date: 14/10/15 10:52
- Summary: ALLOT: ERD: EROAD 2015 Long Term Incentive Plan Share Issue
- Price Sensitive: No
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ERD 14/10/2015 10:52 ALLOT NOT PRICE SENSITIVE REL: 1052 HRS EROAD Limited ALLOT: ERD: EROAD 2015 Long Term Incentive Plan Share Issue 14 October 2015 NZX RELEASE NOTIFICATION OF ISSUE OF SECURITIES For the purposes of Listing Rule 7.12.1, EROAD Limited (NZD: ERD) advises that the following securities were issued pursuant to the Company's Long Term Incentive Plan (LTI Plan). a Class of security Ordinary shares ISIN NZERDE0001S5 b Number issued 168,864 c Nominal value Not applicable Issue Price $3.6383 per share d Payment terms Cash e Amount paid up Fully paid up f Principal terms Not applicable g Percentage of class of securities 0.28% of the total ordinary shares on issue h Reason for issue 168,864 shares were issued to employees under the LTI Plan at a price of $3.6383 i Authority for issue Directors' resolution dated 2 October 2015 j Terms of issue The shares rank pari passu with existing ordinary shares k Number of securities in existence after issue 60,168,864 l Treasury stock Not applicable m Date of issue 14 October 2015 Ends Contact: Steven Newman, Chief Executive Officer on +64 9 9274713. For more information about EROAD visit our website www.eroad.com End CA:00271717 For:ERD Type:ALLOT Time:2015-10-14 10:52:42
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Ann: ALLOT: ERD: EROAD 2015 Long Term Incentive Plan Share Issue
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