AIR air new zealand limited (ns)

Ann: ALLOT: AIR: Issue of Shares under the Air NZ

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    • Release Date: 22/11/12 12:20
    • Summary: ALLOT: AIR: Issue of Shares under the Air NZ Long Term Incentive Plan
    • Price Sensitive: No
    • Download Document  1.21KB
    					
    
    AIR
    22/11/2012 10:20
    ALLOT
    
    REL: 1020 HRS Air New Zealand Limited (NS)
    
    ALLOT: AIR: Issue of Shares under the Air NZ Long Term Incentive Plan
    
    Issue of shares under the Air New Zealand Long Term Incentive Plan
    Air New Zealand Limited announces that it has issued 53,566 Ordinary Shares
    pursuant to Air New Zealand's Long Term Incentive Plan.
    
    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: 53,566
    (c) Issue Price: NZ$1.235
    (d) Payment in cash: Issued under the FY08 Long Term Incentive Plan (LTIP)
     and therefore no cash payment required
    (e) Amount paid up: Fully paid up
    (f) Percentage of total
    class of securities: 0.005%
    (g) Reason for issue: Exercise of options under FY08 LTIP
    
    (h) Specific authority for issue: Directors' Resolution
    (i) Terms or details of issue: Terms of the FY08 LTIP
    (j) Total number of securities of
    the class after issue:
    
    Ordinary Shares 1,101,334,797
    Less Treasury Stock 4,505,295
    Total Ordinary Shares after issue 1,096,829,502
    
    (k) Treasury Stock: Not applicable
    (l) Date of issue: 21 November 2012
    End CA:00230087 For:AIR    Type:ALLOT      Time:2012-11-22 10:20:54
    				
 
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