- Release Date: 14/10/13 17:28
- Summary: ALLOT: WHS: Notice of Issue of Conditional Rights
- Price Sensitive: No
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WHS 14/10/2013 15:28 ALLOT REL: 1528 HRS The Warehouse Group Limited ALLOT: WHS: Notice of Issue of Conditional Rights 14 October 2013 THE WAREHOUSE GROUP LIMITED NZX Listing Rule 7.12.1 - Notice of Issue of Conditional Rights The Warehouse Group Limited ("the company") hereby advises that it issued conditional rights, as set out below, to various executives of the company on 14 October 2013. Class of Security Conditional Rights to ordinary shares in the company pursuant to The Warehouse Group Limited Executive Share Scheme ISIN NZ WHSE 000 1S6 Number of securities issued Conditional rights in respect of 559,115 ordinary shares (classified in the prospectus as "Performance Shares") Conditional rights in respect of 1,311,646 ordinary shares (classified in the prospectus as "Award Shares") Issue price Nil Whether Payment in cash No. The conditional rights to be allocated and transferred ordinary shares in The Warehouse Group Limited is subject to the satisfaction of certain performance conditions which have been advised on an individual basis to the selected executive employees ("Executive Employees") participating in The Warehouse Group Limited Executive Share Scheme. Any amount paid up (if not in full) Nil Percentage of total class issued 100% Reasons for the issue Issue of conditional rights to selected Executive Employees to be allocated and transferred ordinary shares in the company upon the satisfaction of certain conditions Specific authority of the issue Resolution of shareholders dated 23 March 2007 and Resolution of directors dated 12 September 2013. Terms or details of the issue Performance Shares Performance Target - Total Shareholder Return of $1.26 Performance Period - 14 October 2013 to 14 October 2016 Expected Vesting - 28 October 2016 Award Shares Expected vesting will commence on 31 October 2014 Total number of securities of the class in existence after the issue 1,870,761 conditional rights pursuant to Executive Share Scheme October 2013 Offer 2,089,423 conditional rights pursuant to Executive Share Scheme October 2012 Offer 1,092,198 conditional rights pursuant to Executive Share Scheme April 2012 Offer 389,085 conditional rights pursuant to Executive Share Scheme October 2010 Offer Date of issue 14 October 2013 Kerry Nickels Company Secretary End CA:00242332 For:WHS Type:ALLOT Time:2013-10-14 15:28:49
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