Ann: ALLOT: SCL: Scales Corporation Limited - IPO Allotment

• Release Date: 25/07/14 11:21
• Summary: ALLOT: SCL: Scales Corporation Limited - IPO Allotment
• Price Sensitive: No
• Download Document  1.45KB

					SCL
25/07/2014 11:21
ALLOT

REL: 1121 HRS Scales Corporation Limited

ALLOT: SCL: Scales Corporation Limited - IPO Allotment

25 July 2014

NZX RELEASE

SCALES CORPORATION LIMITED - IPO ALLOTMENT

For the purposes of Listing Rule 7.12.1, Scales Corporation Limited (NZX:
SCL) advises the following securities have been issued on 24 July 2014:

a Class of security Ordinary shares
 ISIN NZSCLE0002S8

b Number issued 18,608,750

c Nominal value Not applicable
 Issue price $1.60 per share

d Payment terms Payable in cash

e Amount paid up Fully paid

f Principal terms Not applicable

g Percentage of class of securities The new ordinary shares issued represent
13% of the total ordinary shares on issue. The total ordinary shares offered
to the public pursuant to the initial public offering represent 67% of the
total ordinary shares on issue

h Reason for issue 18,608,750 new ordinary shares issued which, together with
74,405,408 existing ordinary shares, have been allotted as part of the
initial public offering of shares in Scales Corporation Limited

i Authority for issue Directors' resolution dated 24 July 2014

j Terms of issue As set out in the registered prospectus dated 20 June 2014
(as amended by an instrument to amend dated 27 June 2014)

k Number of securities in existence after issue 139,779,006

l Treasury stock Not applicable

m Date of issue 24 July 2014

Steve Kennelly
Company Secretary
ENDS
End CA:00253100 For:SCL    Type:ALLOT      Time:2014-07-25 11:21:31