JWI unknown

Ann: ALLOT: JWI: Issue of Share Options

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    JWI
    05/07/2013 09:48
    ALLOT
    
    REL: 0948 HRS Just Water International Limited
    
    ALLOT: JWI: Issue of Share Options
    
    5 July 2013
    
    Just Water International Limited - Issue of share options
    
    Just Water International Limited has issued 100,000 share options to Eldon
    Roberts, Chief Financial Officer of Just Water International Limited.
    
    Each option confers the right to subscribe for one new ordinary share at an
    exercise price of $0.15 per share payable in cash.  The options must be
    exercised during the period commencing on 30 September 2015 and ending on 30
    November 2015.
    
    Pursuant to NZAX Listing Rule 7.11.1, the Company provides to NZX the
    following details of the issue of share options in the Company:
    
    (a) Class of Security: Options
    
     ISIN: NZJWIE0001S3
    
    (b) Number issued: 100,000
    
    (c) Issue price: $0.00 per option (exercise price of $0.15 per option)
    
    (d) Payment terms: N/A
    
    (e) Amount paid up: N/A
    
    (f) Percentage of Class of Securities issued: 28.6% of options
    (100,000/350,000 options) which if exercised would be 0.11% of Ordinary
    shares
    
    (g) Reason for issue:Options issued to incentivise employee
    
    (h) Specific authority for issue: NZAX Listing Rule 7.3.6 and board
    resolution dated 3 July 2013
    
    (i) Terms of issue: N/A
    
    (j) Total number of Securities of Class in existence after issue: 350,000
    options
    
    (k) Treasury Stock: N/A
    
    (l) Date of issue: 3 July 2013
    
    Ian Malcolm
    Director
    Just Water International Limited
    End CA:00238248 For:JWI    Type:ALLOT      Time:2013-07-05 09:48:03
    				
 
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Currently unlisted public company.

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