PAY pushpay holdings limited

Ann: ALLOT: PAY: Notification of Allotment of Securities

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    • Release Date: 08/01/16 09:00
    • Summary: ALLOT: PAY: Notification of Allotment of Securities
    • Price Sensitive: No
    • Download Document  2.88KB
    					PAY
    08/01/2016 09:00
    ALLOT
    NOT PRICE SENSITIVE
    REL: 0900 HRS Pushpay Holdings Limited
    
    ALLOT: PAY: Notification of Allotment of Securities
    
    Notification of Allotment of Securities
    
    Auckland, New Zealand | Redmond, Washington, USA - 8 January 2016
    
    For the purposes of NZX Main Board Listing Rule 7.12.1, Pushpay Holdings
    Limited advises the following securities have been issued on 8 January 2016:
    
    Class of security: Pushpay Holdings Limited ordinary shares (NZSX:PAY)
    ISIN: NZPAYE0001S3
    Number issued: 114,153 ordinary shares
    Nominal value/issue price: 9,435 shares at $3.18 per share (1 March 2015 20
    trading day Volume Weighted Average Price of Pushpay Holdings Limited's
    ordinary shares (VWAP)), 3,714 shares at $4.04 per share (16 July 2015 VWAP),
    30,267 shares at $5.45 per share (31 August 2015 VWAP), 68,787 shares at
    $5.81 per share (23 September 2015 VWAP) and 1,950 shares at $7.69 per share
    (11 December 2015 VWAP).
    Payment terms: Cash through the Company's Share Incentive Scheme
    Amount paid up: Fully paid
    Principal terms of the Securities (other than for Quoted Securities):
    Ordinary shares
    Percentage of total class of securities issued: 0.1968% (after issue)
    Reason for issue: Issue of shares to Pushpay Trustees Limited to be held for
    the benefit of certain employees and contractors under the Company's Share
    Incentive Scheme to attract, retain and reward personnel and to motivate them
    to excel. The issue prices reflect the market prices at the time relevant
    employees were offered the opportunity to join the Scheme.
    Authority for issue: Board resolution dated 17 December 2015
    Terms or details of issue: The ordinary shares rank in all respects equally
    with existing ordinary shares in Pushpay
    Number of securities in existence after issue: 58,016,723 ordinary shares
    Treasury Stock: Not applicable
    Date of issue: 8 January 2016
    
    Contact
    
    Sarah Elder | Investor Relations | Pushpay Holdings Limited
    P: +64 21 637 449 | E: [email protected]
    www.pushpay.com
    
    About Pushpay
    
    Pushpay provides mobile commerce tools that facilitate fast, secure and easy
    non point of sale payments between consumers and merchants. Pushpay targets
    merchants who are looking to offer convenient, personalised and intuitive
    payment solutions to their consumers. Pushpay services three target markets:
    the faith sector; non-profit organisations and enterprises (both small medium
    enterprises and corporate organisations).
    
    Pushpay is ranked 1st on the TIN100 ASB Ten Hot Emerging Companies List and
    Pushpay's co-founders Chris Heaslip and Eliot Crowther are the EY
    Entrepreneur Of The Year 2015 New Zealand Young category winners.
    
    To download the Pushpay App, visit the iTunes App Store or Google Play and
    search for "Pushpay".
    
    Visit www.pushpay.com to learn more and see an online demonstration of how
    Pushpay enables merchants and consumers to "never miss the moment".
    
    ENDS
    End CA:00276146 For:PAY    Type:ALLOT      Time:2016-01-08 09:00:07
    				
 
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