PEB 1.94% 15.8¢ pacific edge limited ordinary shares

Ann: ALLOT: PEB: Conversion of Pacific Edge Limit

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    • Release Date: 29/11/13 18:12
    • Summary: ALLOT: PEB: Conversion of Pacific Edge Limited Preference Shares
    • Price Sensitive: No
    • Download Document  1.48KB
    					PEB
    29/11/2013 16:12
    ALLOT
    
    REL: 1612 HRS Pacific Edge Limited
    
    ALLOT: PEB: Conversion of Pacific Edge Limited Preference Shares
    
    Conversion of Pacific Edge Limited Preference Shares
    
    Pacific Edge confirms that 100,000 of the Series A Convertible Preference
    Shares (SACPs) on issue with the Company have been converted to ordinary
    shares in accordance with their terms of issue (as varied).
    
    The conversion ratio was 7 ordinary shares for every 1 SACP converted which
    has resulted in a further 700,000 new ordinary shares being issued by the
    Company.
    
    Chris Swann
    Chairman
    
    29 November 2013
    
    Notice of Issue of Shares
    
    Class of securities issued   Ordinary shares
    Company Pacific Edge Limited
    ISIN        NZPEBE0002S1
    
    Number of securities issued   700,000
    Issue price      Conversion of 100,000
    existing Series A Convertible Preference Shares (SACPs) to ordinary shares
    Payment in cash?    No, Conversion of SACPs to
    ordinary Shares.
    Any amount paid up (if not in full) Fully paid
    Number of securities of relevant
    class issued prior to this issue  280,189,784
    Percentage of total class issued  2.5%
    Reasons for the issue    Pursuant to terms of issue of
    the SACPs
    Specific authority for the issue  Resolutions of directors
    Terms or details of the issue   New ordinary shares which
    rank equally with other fully paid ordinary shares
    Total number of securities of the class
    in existence after the issue   280,889,784
    Date of issue      29 November 2013
    End CA:00244537 For:PEB    Type:ALLOT      Time:2013-11-29 16:12:38
    				
 
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