- Release Date: 25/03/14 16:12
- Summary: ALLOT: XRO: Notification of Allotment of Securities
- Price Sensitive: No
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XRO 25/03/2014 14:12 ALLOT REL: 1412 HRS Xero Limited ALLOT: XRO: Notification of Allotment of Securities 25 March 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 40,793 Ordinary Shares Issue price Ordinary Shares issued upon exercise of options; the exercise price for the exercise of the options was as follows: 40,000 options at NZ$2.75 per option 793 options at NZ$5.31 per option Payment in cash The exercise price (as set out above) 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) 0.032% (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 (USA) Equity Incentive 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) 127,610,312 Ordinary Shares on issue; 936,206 unlisted options (taking into account the exercise of 40,793 options and all forfeited share options to date); and 20,537 "RSUs" (conditional contractual right to be issued up to 20,537 Ordinary Shares in the Company) Date of issue 24 March 2014 Number of Securities Converted 40,793 options granted pursuant to the Xero Limited (USA) Equity Incentive Scheme Number and Class of Securities into which they have been Converted 40,793 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 936,206 unlisted options granted pursuant to the Xero Limited (USA) Equity Incentive Scheme Matt Vaughan Company Secretary Email: [email protected] End CA:00248682 For:XRO Type:ALLOT Time:2014-03-25 14:12:32
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