Ann: ALLOT: TEL: Notification of Allotment of Sec

• Release Date: 16/09/13 18:26
• Summary: ALLOT: TEL: Notification of Allotment of Securities
• Price Sensitive: No
• Download Document  1.92KB

					

TEL
16/09/2013 16:26
ALLOT

REL: 1626 HRS Telecom Corporation of New Zealand Limited

ALLOT: TEL: Notification of Allotment of Securities

STOCK EXCHANGE ANNOUNCEMENT

16 September 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 the following
securities have been issued pursuant to its CEO Performance Rights Scheme:
7.12.1

a) Class of Security

Ordinary shares
ISIN NZTELE0001S4

b) Number issued
 149,695
c) Issue price
 No cash issue price.  The consideration for the ordinary shares issued on
exercise of the share rights was services provided as CEO of Telecom

d) Payment terms
 N/A
e) Amount paid up In full
f) Percentage of total class issued
 0.0082%

g) Reason for issue Issue of ordinary shares upon exercise of share rights
pursuant to the Telecom CEO Performance Rights Scheme

h) Authority for issue
 Shareholders resolution dated 28 September 2012 and Board resolution dated
23 August 2012.

i) Terms of issue
 The shares rank pari passu with existing ordinary shares

j) Total number of Securities after issue
 1,817,238,564
l) Date of issue
 16 September 2013
7.12.9

a) Number of Securities Converted 149,695 share rights issued pursuant to the
Telecom CEO Performance Rights Scheme
a) Number and Class of Securities
into which they have been Converted 149,695 ordinary shares

b) Details of any interest or dividend
conditions attaching to Securities Converted
and allotted upon Conversion None
c) Number of Securities of the same class
that remain to be Converted 619,372 share rights issued pursuant to the
Telecom CEO Performance Rights Scheme (inclusive of share rights held by Paul
Reynolds and Simon Moutter), and 532,594 share rights issued pursuant to the
Telecom Share Rights Scheme

Yours faithfully

Silvana Foulds
Company Secretary
End CA:00241161 For:TEL    Type:ALLOT      Time:2013-09-16 16:26:47