TEL 0.88% $2.87 telecom corporation of new zealand limited

Ann: ALLOT: TEL: Notification of Allotment of Sec

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    • Release Date: 17/05/13 12:27
    • Summary: ALLOT: TEL: Notification of Allotment of Securities
    • Price Sensitive: No
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    TEL
    17/05/2013 10:27
    ALLOT
    
    REL: 1027 HRS Telecom Corporation of New Zealand Limited
    
    ALLOT: TEL: Notification of Allotment of Securities
    
    LAURA BYRNE
    Company Secretary
    
    Market Information Services
    NZX Limited
    Wellington
    
    17 May 2013
    
    NOTIFICATION OF ALLOTMENT OF SECURITIES
    
    For the purposes of Listing Rules 7.12.1 and 7.12.9 of the NZSX Listing
    Rules, Telecom Corporation of New Zealand Limited advises that the following
    securities have been issued pursuant to its Share Rights Scheme:
    
    7.12.1
    
    a) Class of Security  Ordinary Shares
        ISIN NZTELE0001S4
    
    b) Number of Securities Issued
     92,529
    
    c) Issue Price
     No cash issue price. The consideration for the shares issued on exercise of
    the share rights was services provide as a group employee
    
    d) Payment Terms
     N/A
    
    e) Amount Paid Up In full
    
    f) Percentage of Total Class Issued
     0.0051%
    
    g) Reason for Issue Issue of ordinary shares upon exercise of share rights
    pursuant to the Telecom Share Rights Scheme
    
    h) Authority for Issue
     Telecom Share Rights Scheme
    
    i) Terms of Issue
     The shares rank pari passu with existing ordinary shares
    
    j) Total number of Securities After Issue
     1,817,088,869
    
    k) Date of Issue
     17 May 2013
    
    7.12.9
    
    a) Number of Securities converted 92,529 share rights issued pursuant to the
    Telecom Share Rights Scheme
    
    b) Number and Class of Securities into
    which have been converted 92,529 ordinary shares
    
    c) Details of any interests or dividend
    conditions attaching to Securities Converted
    and allotted upon Conversion
     None
    
    d) Number of Securities of the same class
    that remain to be Converted 634,146 share rights issued pursuant to the
    Telecom Share Rights Scheme and 769,067 share rights issued pursuant to the
    Telecom Performance Rights Scheme (inclusive of share rights held by Paul
    Reynolds and Simon Moutter)
    
    Yours faithfully
    
    Laura Byrne
    Company Secretary
    End CA:00236359 For:TEL    Type:ALLOT      Time:2013-05-17 10:27:48
    				
 
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Currently unlisted public company.

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