- Release Date: 10/06/14 15:37
- Summary: ALLOT: STU: Conversion of Shares to Fully Paid Shares
- Price Sensitive: No
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STU 10/06/2014 15:37 ALLOT REL: 1537 HRS Steel & Tube Holdings Limited ALLOT: STU: Conversion of Shares to Fully Paid Shares This notice is to advise that the number of shares Steel & Tube Holdings Limited has on issue has increased from 88,444,240 to 88,454,240 as the result of 10,000 partly paid shares now being fully paid. As per 7.12.1 of the listing rules Steel & Tube Holdings Limited disclose the following: (a) Conversion from partly paid to ordinary shares, ISIN - NZSUTE0001S5; (b) 10,000 partly paid shares transferred to fully paid ordinary shares; (c) The acquisition price was $6.17 per share; (d) Payment was made by cheque; (e) The payment made totalled $61,580 or $6.16 per share, ($6.17 per share less 1 cent already partly paid); (f) 0.01% (g) Payment required within 20 years of the date of allotment as set out in Steel & Tube Holdings Limited 1993 share plan; (h) The Steel & Tube Holdings Limited executive share plan rules set out compulsory acquisition prior to the 20 year anniversary of the date of allotment; (i) Not applicable; (j) The total number of fully paid ordinary shares after acquisition is 88,454,420 and 75,000 partly paid shares held on trust in the Steel & Tube Holdings Limited executive share plan; (k) Not applicable; and (l) 6 June 2014. For further information please contact Chief Executive Officer, Dave Taylor on 04 570 5001. Ends End CA:00251401 For:STU Type:ALLOT Time:2014-06-10 15:37:12
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- Ann: ALLOT: STU: Conversion of Shares to Fully Paid Shares
Ann: ALLOT: STU: Conversion of Shares to Fully Paid Shares
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