- Release Date: 13/03/15 09:56
- Summary: ALLOT: XRO: Notification of Allotment of Securities
- Price Sensitive: No
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XRO 13/03/2015 09:56 ALLOT NOT PRICE SENSITIVE REL: 0956 HRS Xero Limited ALLOT: XRO: Notification of Allotment of Securities 13 March 2015 XERO LIMITED (XRO) NOTIFICATION OF ALLOTMENT OF SECURITIES For the purpose of Listing Rule 7.12.1 of the NZSX Listing Rules, Xero Limited advises the following securities have been issued: Class of Securities Ordinary Shares (Shares) ISIN NZXROE0001S2 Number of securities issued 7,359,069 Shares Issue price NZ$20.00 per Share Payment in cash Yes Any amount paid up (if not in full) Fully paid Percentage of total class issued (excluding treasury stock) 5.414% (as a percentage of Shares on issue after this issue, to 3 d.p.) Reasons for the issue Issue of Shares in connection with a capital raise by Xero Limited (see Xero Limited's announcement to the NZX on 25 February 2015) Specific authority for the issue Resolutions of directors passed on 25 February 2015 Terms or details of the issue The Shares are subject to restrictions on sale (with customary exceptions) for a period of 90 days from the date of issue of the Shares. 6,643,636 Shares have been issued to AP Investments (HK) Limited, an entity controlled by funds affiliated with Accel Partners (Accel). 715,433 Shares have been issued in favour of funds managed by Matrix Capital Management (Matrix Funds). Accel now holds participation rights that allow Accel to participate in certain issues of securities by Xero Limited on a pro rata basis (in proportion to Accel's percentage shareholding in Xero Limited at the time of any such issue). The Matrix Funds already hold equivalent participation rights. Total number of securities of the class in existence after the issue (excluding treasury stock) 135,934,564 Ordinary Shares Note that there are also: 935,810 unlisted Options (taking into account all forfeited Options to date) outstanding; and 568,623 unlisted RSUs (conditional contractual right to be issued up to 568,623 Ordinary Shares) outstanding Date of issue 13 March 2015 Matt Vaughan Company Secretary Email: [email protected] End CA:00261813 For:XRO Type:ALLOT Time:2015-03-13 09:56:38
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Ann: ALLOT: XRO: Notification of Allotment of Securities
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