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- Release Date: 16/05/13 10:30
- Summary: ALLOT: DIL: NOTIFICATION OF ALLOTMENT OF SECURITIES - OPTIONS
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DIL
16/05/2013 08:30
ALLOT
REL: 0830 HRS Diligent Board Member Services INC (NS)
ALLOT: DIL: NOTIFICATION OF ALLOTMENT OF SECURITIES - OPTIONS
16 May 2013
NOTIFICATION OF ALLOTMENT OF SECURITIES - OPTIONS
For the purposes of Listing Rule 7.12.1 of the NZSX/NZDX Listing Rules,
Diligent Board Member Services, Inc. (DIL) advises that the following
securities have been issued:
a Class of security Unlisted options over ordinary shares
ISIN N/A
b Number issued 260,000
c Nominal value N/A
Issue price Nil on issue. The options have an exercise price NZ$7.46 per
ordinary share.
d Payment in cash N/A
e Amount paid up N/A
f Percentage of class of securities 100% (if these options were exercised on
the date of this notice the number of ordinary shares that would be issued
would constitute 0.31% of the ordinary shares then on issue.)
g Reason for issue Issue of unlisted options under the DIL 2013 Incentive
Plan as part of the remuneration package of the CFO, Mr. Carl Blandino.
h Authority for issue Resolution of directors, dated 15 May 2013.
i Terms of issue One quarter of the options will become exercisable on each
anniversary of the issue date, subject to shareholder approval of the 2013
Incentive Plan at the 2013 AGM and Mr. Blandino's continued employment. The
options have a term of 10 years from the issue date.
j Total number of securities of the class in existence after the issue
260,000
k Treasury stock N/A
l Date of issue 15 May 2013 (EST)
End CA:00236268 For:DIL Type:ALLOT Time:2013-05-16 08:30:05
