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- Release Date: 10/12/12 18:14
- Summary: ALLOT: CEN: CEN Notice of issue of Options under Employee LTI scheme
- Price Sensitive: No
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CEN
10/12/2012 16:14
ALLOT
REL: 1614 HRS Contact Energy Limited
ALLOT: CEN: CEN Notice of issue of Options under Employee LTI scheme
10 December 2012
Notice of issue of Options to acquire Ordinary Shares under Contact Energy
Limited Employee Long Term Incentive Scheme
The following information is provided in accordance with NZSX Listing Rule
7.12.1:
Class of securities issued: Options to acquire Ordinary Shares
ISIN: NZCENE0001S6
Number of securities issued: 5,382,527 Options
Issue price: No consideration is payable for the issue of the Options
4,735,993 Options have a set exercise price of $5.2186
646,534 Options have a set exercise price of $0
Payment in cash: N/A
Any amount paid up (if not in full): N/A
Percentage of total class issued: 34.99% of Options to acquire Ordinary
Shares
If exercised and converted into Ordinary Shares, 0.72% of Contact Energy
Limited Ordinary Shares
Reasons for the issue: Issue of Options pursuant to the Contact Energy
Limited Employee Long Term Incentive Share Option Scheme
Specific authority for the issue: Resolution of Directors dated 14 November
2012
Terms or details of the issue: Issue of 5,382,527 Options to acquire Ordinary
Shares pursuant to the Contact Energy Limited Employee Long Term Incentive
Share Option Scheme.
Options can be exercised (subject to the attainment of exercise hurdles and,
other than in exceptional circumstances, continued employment of the
participating employee) during the period commencing on 1 October 2015 and
ending on 30 November 2017.
Total number of securities of the class in existence after the issue:
15,381,020 Options
Date of issue: 10 December 2012
Paul Ridley-Smith
General Counsel
End CA:00230923 For:CEN Type:ALLOT Time:2012-12-10 16:14:39
