Ann: ALLOT: BRM: BRM - New Warrant Issue 7:12:1

• Release Date: 04/06/15 15:22
• Summary: ALLOT: BRM: BRM - New Warrant Issue 7:12:1
• Price Sensitive: No
• Download Document  1.98KB

					BRM
04/06/2015 15:22
ALLOT
NOT PRICE SENSITIVE
REL: 1522 HRS Barramundi Limited

ALLOT: BRM: BRM - New Warrant Issue 7:12:1

NOTICE TO NEW ZEALAND EXCHANGE LIMITED

LISTING RULE 7.12.1

BARRAMUNDI LIMITED

1. In relation to the obligations of Barramundi Limited ("Barramundi" or "the
company") under listing rule 7.12.1 the company provides the following
responses to the specific information required in this rule:

2. Details of the issue are as follows:

a) Class of security: Warrants

 ISIN: NZBRME0003S8

b) Number of warrants issued: 31,412,092

c) The nominal value (if any) and issue price: Warrants were issued on the
basis of one warrant for every four shares held at record date. Warrants were
issued for nil consideration.

d) Payment type: Not applicable

e) Amount paid up: Nil

f) Exercise price: $0.68 less the aggregate amount per share of any cash
dividends declared on the shares with a record date after the allotment date
of the warrants and ending on the last business day before the exercise price
is announced (which will be as soon as reasonably practicable after 29 March
2016 and at least 20 days before the Exercise Date)

 Exercise Date: By 5.00pm (New Zealand time) on Friday, 6 May 2016

g) Percentage of class of security issued: 100%

h) Reason for issue: Pro rata issue to shareholders which the Board believes
will put Barramundi in a better position to grow, improve liquidity, operate
efficiently and pursue other capital structure initiatives as appropriate.

i) Specific authority for issue: Directors' resolution

j) Any terms of the issue: Each warrant entitles the holder to subscribe for
one Barramundi ordinary share at the exercise price by 5.00pm (New Zealand
time) on Friday, 6 May 2016

k) Total number of securities in existence 31,412,092 after the issue:

l)  Shares to be held as treasury stock: Not applicable

m) Date of issue: 4 June 2015

3. Please contact 09 489 7074 if you require further information.
End CA:00265228 For:BRM    Type:ALLOT      Time:2015-06-04 15:22:54