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- Release Date: 06/01/14 17:08
- Summary: ALLOT: TME: Reclassification of Restricted Shares, as ordinary shares
- Price Sensitive: No
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TME
06/01/2014 15:08
ALLOT
REL: 1508 HRS Trade Me Group Limited
ALLOT: TME: Reclassification of Restricted Shares, as ordinary shares
6 January 2013
Market Information Services Section
New Zealand Exchange Limited
Wellington
RECLASSIFICATION OF RESTRICTED SHARES, AS ORDINARY SHARES
For the purposes of Listing Rule 7.12.1 of the NZSX Listing Rules, Trade Me
Group Limited advises the following restricted securities have been
reclassified as Ordinary Shares:
Class of securities reclassified Restricted Shares issued 19 December 2011
(IPO) under the Executive Share Plan
ISIN NZTMEE0003S8
Number of securities reclassified 286,876 Ordinary Shares
Issue price n/a
Payment in cash? n/a
Any amount paid up (if not in full) Fully paid
Percentage of total class reclassified (excluding treasury stock) 0.07%
Reasons for the reclassification End of restrictions, under terms of issue.
Specific authority for the reclassification Executive Share Plan Rules, and
directors' resolution dated 19 December 2013.
Terms or details of the issue Reclassification of Restricted Shares to
Ordinary Shares to Trade Me Group under the Executive Share Plan, following
the end of Restrictions on 31 December 2013.
A further 6,110 Restricted Shares did not meet the criteria required for
reclassification as Ordinary Shares and those shares will be redeemed by the
company subject to the procedure set out in s. 69(1)9b) Companies Act 1993.
Separate notice will be given in relation to the redemption.
Total number of securities of the class in existence after the issue
(excluding treasury stock) 396,554,115 Ordinary Shares (see table below for
details)
Date of reclassification 1 January 2013
Sarah Hard
Company Secretary
IPO restricted shares (Executive Share Plan) 6,110*
LTI Scheme - LTI 1
Vesting dates 30/9/14 and 30/9/15
250,924
LTI Scheme - LTI 2
Vesting date 30/9/16
228,155
Balance ordinary shares 396,068,926
*Note 6,110 shares did not qualify for reclassification and will be redeemed
subject to the procedure set out in s. 69(1)9b) Companies Act 1993. Separate
notice will be given in relation to the redemption.
End CA:00245827 For:TME Type:ALLOT Time:2014-01-06 15:08:21
