Ann: ALLOT: XRO: Notice of issue of shares

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    XRO
    27/03/2012 11:26
    ALLOT
    
    REL: 1126 HRS Xero Limited
    
    ALLOT: XRO: Notice of issue of shares
    
    27 March 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 - Treasury Stock
    ISIN NZXROE0001S2
    
    Number of securities issued 1,261,830 Ordinary Shares - Treasury Stock
    Issue price $3.17 per share
    Payment in cash? No
    Any amount paid up (if not in full) Fully paid
    Percentage of total class issued (excluding treasury stock) Not Applicable
    Reasons for the issue Issue of ordinary shares in part settlement of the
    purchase price of Max Solutions Holdings Limited
    Specific authority for the issue Resolution of directors dated 1 February
    2012
    Terms or details of the issue Issue of 1,261,830 Ordinary Shares into
    Treasury Stock.  These shares are subject to trading restrictions for a
    period of three years, with one-third vesting each 31 January 2013, 31
    January 2014 and 31 January 2015.
    Total number of securities of the class in existence after the issue
    (excluding treasury stock) 103,601,256 Ordinary Shares
    Date of issue 23 March 2012
    
    Linda Cox
    Company Secretary
    End CA:00221197 For:XRO    Type:ALLOT      Time:2012-03-27 11:26:53
    				
 
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