ERD
15/08/2014 11:44
ALLOT
REL: 1144 HRS EROAD Limited
ALLOT: ERD: EROAD Limited - IPO Allotment
15 August 2014
NZX RELEASE
EROAD LIMITED - IPO ALLOTMENT
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 13,333,248
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 The new ordinary shares issued represent
22.2% of the total ordinary shares on issue. The total ordinary shares
offered to the public pursuant to the initial public offering represent 25.6%
of the total ordinary shares on issue
h Reason for issue 13,333,248 new ordinary shares issued which, together with
2,036,822 existing ordinary shares, have been allotted as part of the initial
public offering of shares in EROAD Limited
i Authority for issue Directors' resolution dated 14 August 2014
j Terms of issue 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:00253939 For:ERD Type:ALLOT Time:2014-08-15 11:44:26
