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- Release Date: 11/11/13 13:18
- Summary: ALLOT: NTL: Unlisted Options issued under Employee Share Option Plan
- Price Sensitive: No
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NTL
11/11/2013 11:18
ALLOT
REL: 1118 HRS New Talisman Gold Mines Limited
ALLOT: NTL: Unlisted Options issued under Employee Share Option Plan
11 November 2013
ANNOUNCEMENT BY NEW TALISMAN GOLD MINES LIMITED [ASX, NZSX: NTL]
FOR PUBLIC RELEASE
Unlisted Options issued under Employee Share Option Plan
New Talisman today issued 4,000,000 unlisted options to eligible employees
under its Employee Share Option Plan approved on 19 September 2013.
Notice Pursuant to NZSX Listing Rule 7.12.1
Class of Security: Unlisted Options over Ordinary Shares
ISIN: N/A
Number issued: 4,000,000
Issue Price: Nil on issue of Unlisted Options. Exercise price of AUD 1.1
cents to convert one Option to one Ordinary Share.
Payment in Cash: N/A
Amount Paid Up: N/A
Percentage total of class of securities: 100%
Reason for issue: Unlisted Options issued under Employee Share Option Plan
Specific authority for issue: Board Resolution dated 11 November 2013.
Terms of the issue: 2,000,000 Options are exercisable immediately and
2,000,000 Options become exercisable 12 months from the issue date, subject
to the employees continued employment. Options also become exercisable where
a person becomes the holder of a relevant interest in 50% or more of the
voting shares in the Company or a takeover offer is served on the Company.
Options have a term of 5 years from the issue date.
Total number of securities on issue after issue: 4,000,000 Unlisted Options
Treasury Stock: N/A
Date of issue: 11 November 2013
Sue Sangster
Company Secretary
New Talisman Gold Mines Limited
+64 9 303 1893
End CA:00243602 For:NTL Type:ALLOT Time:2013-11-11 11:18:41
