TGG
07/12/2015 09:51
ALLOT
NOT PRICE SENSITIVE
REL: 0951 HRS T&G Global Limited
ALLOT: TGG: Dividend Reinvestment Plan Shares Issued
7 December 2015
Pursuant to Listing Rule 7.12.1, the Company makes the following announcement
in reference to shares recently issued under the Dividend Reinvestment Plan:
T&G GLOBAL LIMITED ("Company") - MARKET ANNOUNCEMENT: ISSUE OF SECURITIES
UNDER DIVIDEND REINVESTMENT PLAN
(a) Class of Securities and ISIN: Ordinary Shares, NZTURE0002S5.
(b) Number of Securities issued: 2,792,766
(c) Issue price: 185.1318 cents
(d) Payment in cash: N/A
(e) Amount paid up (if not in full): issued fully paid
(f) Percentage of total Class of Securities: 2.39%
(g) Reason for issue: Dividends reinvested in accordance with the Dividend
Reinvestment Plan (DRP) dated 16 February 2001, and amended by a resolution
of the Board dated 27 October 2015.
(h) Specific authority for issue: Listing Rule 7.3.8(e) and resolutions of
the Board dated 27 October 2015.
(i) Terms of issue: fully paid bonus ordinary shares were issued, in lieu of
some or all of the 6.0 cents cash dividend, to shareholders that elected to
participate into the DRP. The shares were issued at "market price" as
defined in clause 5(a) of the DRP Offer Document as at the record date 27
November 2015 being the weighted average sale price based on the 20 working
days preceding the record date, reduced by the 6.0 cents cash dividend, and
discounted by 5.0%. The discount has been determined at the sole discretion
of the Board in accordance with clause 10(a)(v).
(j) Total number of Securities of the Class in existence after issue:
119,803,316
(k) Treasury Stock: N/A
(l) Date of issue: 4th December 2015.
Contact details regarding this announcement:
Doug Bygrave
Company Secretary
Telephone: (09) 573 8899
End CA:00274713 For:TGG Type:ALLOT Time:2015-12-07 09:51:57
