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- Release Date: 13/05/13 12:02
- Summary: ALLOT: AIR: Issue of Shares Under Long Term Incentive Plan
- Price Sensitive: No
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AIR
13/05/2013 10:02
ALLOT
REL: 1002 HRS Air New Zealand Limited (NS)
ALLOT: AIR: Issue of Shares Under Long Term Incentive Plan
Issue of shares under Long Term Incentive Plan
Air New Zealand Limited announces that it has issued 122,498 Ordinary Shares
pursuant to Air New Zealand's Long Term Incentive Plan (LTIP).
In connection with the issue, Air New Zealand advises the following details:
(a) Class of security and ISIN: Ordinary shares (NS) ISIN NZAIRE0001S2
(b) Number of securities issued: 122,498
(c) Issue Price: NZ$1.50
(d) Payment in cash: 63,565 ordinary shares issued under the FY09 LTIP and
58,933 ordinary shares issued under the FY08 LTIP and therefore no
cash payment required.
(e) Amount paid up: Fully paid up
(f) Percentage of total 0.011%.........
(g) Reason for issue: Exercise of options under LTIP
(h) Specific authority for issue: Directors' Resolution
(i) Terms or details of issue: Terms of the FY08 LTIP and FY09 LTIP
(j) Total number of securities
of the class after issue:
(k) Total Ordinary Shares 1,103,290,583 (1,103,168,085 + 122,498)
less Treasury Stock 8,767,702
Total Ordinary Shares 1,094,522,881
(l) Date of issue: 10 May 2013
End CA:00236144 For:AIR Type:ALLOT Time:2013-05-13 10:02:37
