PAY pushpay holdings limited

Ann: ALLOT: PAY: Notification of Subdivision of Securities

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    • Release Date: 09/02/16 09:01
    • Summary: ALLOT: PAY: Notification of Subdivision of Securities
    • Price Sensitive: No
    • Download Document  2.3KB
    					PAY
    09/02/2016 09:01
    ALLOT
    NOT PRICE SENSITIVE
    REL: 0901 HRS Pushpay Holdings Limited
    
    ALLOT: PAY: Notification of Subdivision of Securities
    
    Notification of Subdivision of Securities
    
    Auckland, New Zealand | Redmond, Washington, USA - 9 February 2016
    
    Further to the market announcement of 13 January 2016, Pushpay Holdings
    Limited advises of the following subdivision of securities for the purpose of
    Listing Rule 7.12.1:
    
    (a) Class of security: Ordinary shares
    ISIN: NZPAYE0003S9
    (b) Number subdivided: 58,016,723
    (c) Price: Not applicable
    (d) Payment in cash: Not applicable
    (e) Amount paid up: Not applicable
    (f) Principal terms of securities: Ordinary shares
    (g) Percentage of total class of securities: 100%
    (h) Reason for subdivision: The Pushpay Board believes that the subdivision
    is likely to enhance liquidity in the market for Pushpay's ordinary shares
    and attract further shareholders
    (i) Specific authority for subdivision: Board resolution dated 12 January
    2016
    (j) Terms of subdivision: 4 ordinary shares for every 1 ordinary share held
    at 5:00 pm on the record date of 5 February 2016
    (k) Number of securities in existence after subdivision: 232,066,892
    (l) Treasury Stock: Not applicable
    (m) Date of subdivision: 5:00 pm on 5 February 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:00277355 For:PAY    Type:ALLOT      Time:2016-02-09 09:01:28
    				
 
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