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- Release Date: 23/07/12 19:27
- Summary: ALLOT: XRO: Notice of issue of shares under 7.12.1
- Price Sensitive: No
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XRO
23/07/2012 17:27
ALLOT
REL: 1727 HRS Xero Limited
ALLOT: XRO: Notice of issue of shares under 7.12.1
23 July 2012
Market Information Services Section
New Zealand Exchange Limited
Wellington
NOTIFICATION OF ALLOTMENT OF SECURITIES
For the purposes of Listing Rule 7.12.1 of the NZSX Listing Rules, Xero
Limited advises the following securities have been issued:
Class of securities issued Ordinary Shares
ISIN NZXROE0001S2
Number of securities issued 58,366 Ordinary Shares
Issue price $5.14 per ordinary share, being the VWAP of Xero Limited shares
for the twenty days prior to the issue.
Payment in cash? n/a
Any amount paid up (if not in full) Fully paid
Percentage of total class issued (excluding treasury stock) 0.06%
Reasons for the issue Part payment for the acquisition of Spotlight
Workpapers Limited.
Specific authority for the issue Resolution of directors dated 20 July 2012
Terms or details of the issue 19,455 ordinary shares with no restrictions and
38,911 ordinary shares subject to a trading restriction which will be
automatically released on 31 January 2013.
Total number of securities of the class in existence after the issue
(excluding treasury stock) 106,025,462 Ordinary Shares
Date of issue 20 July 2012
Linda Cox
Company Secretary
End CA:00225200 For:XRO Type:ALLOT Time:2012-07-23 17:27:38