IKE
22/03/2016 08:31
ALLOT
NOT PRICE SENSITIVE
REL: 0831 HRS ikeGPS Group Limited (NS)
ALLOT: IKE: Notification of aquisition of securities
21 March 2016
Client Market Services
NZX Limited
Level 1, NZX Centre
11 Cable Street
WELLINGTON
By email to: [email protected]
NOTIFICATION OF ACQUISITION OF SECURITIES OF IKEGPS GROUP LIMITED
For the purposes of Listing Rule 7.12.1, ikeGPS Group Limited (the Company)
advises that the following securities have been acquired by the Company on 21
March 2016, as disclosed in the disclosure document which was sent to all
shareholders and released to NZX on 2 March 2016 (Disclosure
Document):
a Class of security ordinary shares
ISIN NZIKEE0001S9
b Number acquired 903,614
c Nominal value (if any) Not applicable
Acquisition Price Nil consideration
d Payment terms Not applicable
e Amount paid up (if not in full) Fully paid
f Percentage of class of securities 1.76%
g Reason for acquisition Acquisition required under the terms of an agreement
between GE Trademark Licensing, Inc and ikeGPS Limited as partial refund of
the consideration paid by ikeGPS Limited under that agreement
h Authority for acquisition Directors' resolution dated 29 February 2016
i Terms or details of acquisition Acquisition pursuant to the terms of an
agreement between GE Trademark Licensing, Inc and ikeGPS Limited as partial
refund of the consideration paid by ikeGPS Limited under that agreement, as
detailed further in the Disclosure Document.
j Number of securities in existence after acquisition 50,378,506
k Whether shares are to be held as Treasury stock Shares acquired are not to
be held as Treasury Stock
Yours faithfully
Gael Hargreaves
For and on behalf of ikeGPS Group Limited
End CA:00279610 For:IKE Type:ALLOT Time:2016-03-22 08:31:54
