ERD
15/08/2014 11:44
ALLOT
REL: 1144 HRS EROAD Limited
ALLOT: ERD: EROAD Limited - Directors' Shares
15 August 2014
NZX RELEASE
EROAD LIMITED - DIRECTORS' SHARES
For the purposes of Listing Rule 7.12.1, EROAD Limited (NZX: ERD) advises the
following securities have been issued on 15 August 2014:
a Class of security Ordinary shares
ISIN NZERDE0001S5
b Number issued 93,332
c Nominal value Not applicable
Issue Price $3.00 per share
d Payment terms Payable in cash
e Amount paid up Fully paid
f Principal terms Not applicable
g Percentage of class of securities 0.16% of the total ordinary
shares on issue
h Reason for issue 93,332 new ordinary shares issued to the
independent directors of EROAD Limited concurrently with the ordinary shares
issued under the EROAD Limited initial public offering
i Authority for issue Directors' resolution dated 15 August 2014
j Terms of issue Ordinary shares issued to the independent directors
of EROAD Limited. The shares are issued in connection with loans to the
independent directors, the terms of which are as set out in the registered
prospectus dated 18 July 2014
k Number of securities in existence after issue
60,000,000
l Treasury stock Not applicable
m Date of issue 15 August 2014
Steven Newman
Executive Director/CEO
ENDS
End CA:00253940 For:ERD Type:ALLOT Time:2014-08-15 11:44:37
