Share
- Release Date: 06/06/12 17:54
- Summary: BUYBACK: CVT: 52,387 Ordinary Shares Acquired Under Buyback Programme
- Price Sensitive: No
- Download Document 1.63KB
CVT
06/06/2012 15:54
BUYBACK
REL: 1554 HRS Comvita Limited
BUYBACK: CVT: 52,387 Ordinary Shares Acquired Under Buyback Programme
Notice to New Zealand Exchange Limited
For immediate release
52,387 ordinary shares acquired under approved buyback programme as announced
to the market on the 25th May 2012
We hereby advise the NZX in accordance with NZSX Listing Rule 7.12.1 that
Comvita Limited ("CVT") has acquired securities, the details of which are as
follows:
(a) Class of Security and ISIN: Ordinary Shares NZCVTE000157
(b) the number issued or acquired: 52,387;
(c) the nominal value (if any) and issue or acquisition price: $3.2464 per
share;
(d) whether payment was in cash: Cash Payment;
(e) any amount paid up (if not in full): Not applicable;
(f) the percentage of the total Class of Securities issued or acquired:
0.184% of issued Ordinary Shares;
(g) the reason for the issue or acquisition: value-add bonus scheme to reward
our most loyal beekeeper suppliers;
(h) the specific authority for the issue or acquisition (if any): Directors
Resolution;
(i) any terms or details of the issue or acquisition (such as an escrow
provision): Not applicable;
(j) the total number of Securities of the Class in existence after the issue
or acquisition: Quoted Ordinary Shares remain unchanged at 28,466,871;
(k) in the case of an acquisition of shares by an Issuer which is a company
registered under the Companies Act 1993, whether those shares are to be held
as Treasury Stock: Held as Treasury Stock until transferred to beekeeper;
(l) the dates of issue or acquisition: 5 June 2012
End CA:00223613 For:CVT Type:BUYBACK Time:2012-06-06 15:54:34
