XRO
16/12/2014 15:55
ALLOT
NOT PRICE SENSITIVE
REL: 1555 HRS Xero Limited
ALLOT: XRO: Notification of Allotment of Securities
16 December 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 2,840 Ordinary Shares
Issue price
Ordinary Shares issued upon exercise of options; the exercise price for the
exercise of the options was 2,840 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) 0.0022% (as a
percentage of Ordinary Shares on issue after this issue, to 4 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) 128,098,207 Ordinary Shares on issue
667,553 unlisted options (taking into account the exercise of 2,840 options
and all forfeited options to date)
56,294 "Restricted Stock Units" (conditional contractual right to be issued
up to 56,294 Ordinary Shares)
Date of issue 16 December 2014
Number of Securities Converted 2,840 options granted pursuant to the Xero
Limited (USA) Equity Incentive Scheme
Number and Class of Securities into which they have been Converted 2,840
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 667,553
unlisted options granted pursuant to the Xero Limited (USA) Equity Incentive
Scheme
Matt Vaughan
Company Secretary
Email: [email protected]
End CA:00258986 For:XRO Type:ALLOT Time:2014-12-16 15:55:29
