TME trade me group limited

Ann: ALLOT: TME: Notice of issue of shares under

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    • Release Date: 02/10/12 11:30
    • Summary: ALLOT: TME: Notice of issue of shares under 7.12.1
    • Price Sensitive: No
    • Download Document  1.17KB
    					
    
    TME
    02/10/2012 08:30
    ALLOT
    
    REL: 0830 HRS Trade Me Group Limited
    
    ALLOT: TME: Notice of issue of shares under 7.12.1
    
    Class of securities issued Restricted Shares
    ISIN NZTMEE0003S8
    
    Number of securities issued 38,496 Restricted Shares
    Issue price $3.971 per share
    Payment in cash? Yes
    Any amount paid up (if not in full) Fully paid
    Percentage of total class issued (excluding treasury stock) 0.06%
    Reasons for the issue Restricted shares isused to Mr Klouwens, Chief
    Financial Officer under the IPO Executive Share Plan in respect of the terms
    of his employment commencing March 2012.
    Specific authority for the issue Directors resolution dated 21 September 2012
    
    Terms or details of the issue Issue of 38,496 restricted shares to be
    reclassified into ordinary shares if the issuer achieves an EBITDA of $110.9m
    during the period commencing 1 January 2012 and ending 30 December 2012 and
    Mr Klouwens remains in full time employment with the Company until 31
    December 2013.
    Total number of securities of the class in existence after the issue
    (excluding treasury stock) 292,986 Restricted Shares
    Date of issue 1 October 2012
    End CA:00228005 For:TME    Type:ALLOT      Time:2012-10-02 08:30:25
    				
 
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