Ann: ALLOT: TEL: Notification of Allotment of Sec

NZX News

28/02/14

13:03

Post #: 13065044

Release Date: 28/02/14 17:01
Summary: ALLOT: TEL: Notification of Allotment of Securities
Price Sensitive: No
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					TEL
28/02/2014 15:01
ALLOT

REL: 1501 HRS Telecom Corporation of New Zealand Limited

ALLOT: TEL: Notification of Allotment of Securities

SILVANA ROEST
Company Secretary

Client and Market Services
NZX Limited
PO Box 2959
Wellington
New Zealand

28 February 2014

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 Share Rights Scheme:
7.12.1

a) Class of Security

Ordinary Shares
ISIN NZTELE0001S4

b) Number Issued
 218,674
c) Issue Price
 No cash issue price.  The consideration for the shares issued on exercise of
the share rights was services provided as a group employee

d) Payment terms
 N/A
e) Amount Paid Up  In full
f) The principal terms of Securities

g) Percentage of total class issued
 The shares rank pari passu with existing ordinary shares

0.012%

h) Reason for issue Issue of ordinary shares upon exercise of share rights
pursuant to the Telecom Share Rights Scheme

i) Authority for issue
 Telecom Share Rights Scheme

j) Terms of Issue
 The shares rank pari passu with the existing ordinary shares

k) Total number of securities after issue 1,824,369,462

m) Date of issue
 28 February 2014

7.12.9

a) Number of Securities converted 218,674 share rights issued pursuant to the
Telecom Share Rights Scheme

b) Number and Class of Securities into
which have been converted 218,674 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 2,123,951 share rights issued pursuant to the
Telecom Share Rights Scheme and 1,416,887 share rights issued pursuant to the
Telecom Performance Rights Scheme

Yours faithfully

Silvana Roest
Company Secretary
End CA:00247665 For:TEL    Type:ALLOT      Time:2014-02-28 15:01:50

Price at posting: $2.48 Sentiment: None Disclosure: Held