- 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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