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- Release Date: 05/12/13 13:50
- Summary: ALLOT: CEN: Notice of issue of Options under Employee LTI scheme
- Price Sensitive: No
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CEN
05/12/2013 11:50
ALLOT
REL: 1150 HRS Contact Energy Limited
ALLOT: CEN: Notice of issue of Options under Employee LTI scheme
5 December 2013
Notice of issue of Options to acquire Ordinary Shares under Employee Long
Term Incentive Share Option Scheme
The following information is provided in accordance with NZSX Listing Rule
7.12.1:
Issuer: Contact Energy Limited
Class of securities issued: Options to acquire Ordinary Shares
ISIN: NZCENE0001S6
Number of securities issued: 3,998,696 Options
Issue price: No consideration is payable for the issue of the Options
3,385,967 Options have a set exercise price of $5.3254
612,729 Options have a set exercise price of $0
Payment in cash: Not Applicable
Any amount paid up (if not in full): Not Applicable
Percentage of total class of securities issued: 22.88% of Options to acquire
Ordinary Shares
If exercised and converted into Ordinary Shares, 0.55% 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 12 November
2013
Terms or details of the issue: Issue of 3,998,696 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 2016 and
ending on 30 November 2018.
Total number of securities of the class in existence after the issue:
17,476,971 Options
Date of issue: 4 December 2013
Paul Ridley-Smith
General Counsel
End CA:00244778 For:CEN Type:ALLOT Time:2013-12-05 11:50:03
