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- Release Date: 24/01/14 19:28
- Summary: ALLOT: XRO: Notification of Allotment of Securities
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XRO
24/01/2014 17:28
ALLOT
REL: 1728 HRS Xero Limited
ALLOT: XRO: Notification of Allotment of Securities
24 January 2014
XERO LIMITED (XRO)
NOTIFICATION OF ALLOTMENT OF SECURITIES
For the purpose of Listing Rule 7.12.1 and 7.12.9 of the NZSX Listing Rules,
Xero Limited advises the following securities have been issued:
Class of Securities Ordinary Shares
ISIN NZXROE0001S2
Number of securities issued 5,078 Ordinary Shares
Issue price
Shares issued upon exercise of options; the exercise price of each option
exercised was $5.31
Payment in cash The exercise price (being $5.31 per option) for each option
exercised was paid in cash
Any amount paid up (if not in full) Fully paid
Percentage of total class issued (excluding treasury stock) 0.004% (as a
percentage of Ordinary Shares on issue after this issue, to 3 d.p.)
Reasons for the issue
Issue of Ordinary Shares upon exercise of vested options under the Xero
Limited Employee (USA) Share Option Scheme as part of the remuneration
package of US based employees
Specific authority for the issue Resolution of directors upon granting of
options
Terms or details of the issue Issue of Ordinary Shares upon exercise of
vested employee share options
Total number of securities of the class in existence after the issue
(excluding treasury stock) 127,549,992 Ordinary Shares and 721,378 unlisted
employee share options (taking into account the exercise of 5,078 Options)
Date of issue 24 January 2014
Number of Securities Converted 5,078 options granted pursuant to the Xero
Limited Employee (USA) Share Option Scheme
Number and Class of Securities into which they have been Converted 5,078
Ordinary Shares
Details of any interest or dividend conditions attaching to Securities
Converted, and allotted upon Conversion None
Number of Securities of the same class that remain to be Converted 721,378
unlisted options granted pursuant to the Xero Limited Employee (USA) Share
Option Scheme
Matt Vaughan
Company Secretary
Email: [email protected]
End CA:00246383 For:XRO Type:ALLOT Time:2014-01-24 17:28:55
