Share
- Release Date: 13/02/14 18:40
- Summary: ALLOT: NTL: Unlisted Options issued under Employee Share Option Plan
- Price Sensitive: No
- Download Document 1.64KB
NTL
13/02/2014 16:40
ALLOT
REL: 1640 HRS New Talisman Gold Mines Limited
ALLOT: NTL: Unlisted Options issued under Employee Share Option Plan
13 February 2014
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 2,000,000 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: 2,000,000
Issue Price: Nil on issue of Unlisted Options. The exercise price is
consistent with the Employees Share Option Plan approved by shareholders on
19 September 2013.
Payment in Cash: N/A
Amount Paid Up: N/A
Percentage total of class of securities: 19%
Reason for issue: Unlisted Options issued under Employee Share Option Plan
Specific authority for issue: Board Resolution dated 13 February 2014.
Terms of the issue: Subject to the employees continued employment 1,000,000
Options are exercisable 12 months from the issue date and the remainder
exercisable 24 months from issue date. 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: 10,500,000 Unlisted Options
Treasury Stock: N/A
Date of issue: 13 February 2014
Sue Sangster
Company Secretary
New Talisman Gold Mines Limited
+64 9 303 1893
End CA:00246968 For:NTL Type:ALLOT Time:2014-02-13 16:40:43
