EVO evolve education group limited

Ann: ALLOT: EVO: Evolve Education Group Limited IPO Allotment

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    • Release Date: 05/12/14 09:15
    • Summary: ALLOT: EVO: Evolve Education Group Limited IPO Allotment
    • Price Sensitive: No
    • Download Document  2.15KB
    					EVO
    05/12/2014 09:15
    ALLOT
    NOT PRICE SENSITIVE
    REL: 0915 HRS Evolve Education Group Limited
    
    ALLOT: EVO: Evolve Education Group Limited IPO Allotment
    
    NZX RELEASE
    4 December 2014
    
    Evolve Education Group Limited IPO Allotment
    
    For the purposes of Listing Rule 7.12.1, Evolve Education Group Limited (EVO)
    advises the following securities have been issued on 4 December 2014:
    
    a) Class of Security: Ordinary shares
     ISIN: NZEVOE0001S4
    b) Number issued: 168,976,617
    c) Nominal value: N/A
    Issue Price: For the 132,317,278 shares issued under the initial public
    offer, $1.00 per share payable in cash
    For the 36,209,901 shares issued under the agreement between Evolve Education
    Group Limited and the vendors of Lollipops Educare Holdings Limited dated 14
    November 2014, as part consideration for the purchase of Lollipops Educare
    Holdings Limited by Evolve Education Group Limited
    For the 449,438 shares issued under the terms of engagement with Hayes Knight
    Business Services (QLD) Pty Ltd, in consideration for the provision by Hayes
    Knight Business Services (QLD) Pty Ltd of management assistance in connection
    with the acquisition of early childhood education centres by Evolve Education
    Group Limited
    d) Payment terms: As above
    e) Amount paid up: Fully paid
    f) Principal terms: N/A
    g) Percentage of class of securities: 95.42% (being 168,976,617 out of
    177,082,724 ordinary shares on issue post allotment)
    h) Reason for issue: Allotment under initial public offer
    As part consideration for the purchase of Lollipops Educare Holdings Limited
    by Evolve Education Group Limited
    As consideration for the provision by Hayes Knight Business Services (QLD)
    Pty Ltd of management assistance in connection with the acquisition of early
    childhood education centres by Evolve Education Group Limited
    i) Authority for issue: Directors' resolution dated 4 December 2014
    j) Terms of issue: As set out in the registered prospectus dated 14 November
    2014
    k) Number of securities of the class in existence after issue: 177,082,724
    ordinary shares
    l) Treasury Stock: N/A
    m) Date of issue: 4 December 2014
    
    Alan Wham
    Chief Executive Officer
    
    ENDS
    End CA:00258547 For:EVO    Type:ALLOT      Time:2014-12-05 09:15:31
    				
 
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