GEO
29/12/2015 09:53
BUYBACK
NOT PRICE SENSITIVE
REL: 0953 HRS GeoOP Limited
BUYBACK: GEO: Disclosure notice of Management Incentive Share Buyback
As announced on 30 October 2015, Stewart Reynolds has resigned from his role
as Chief Financial Officer to pursue other opportunities.
Pursuant to Stewart Reynolds's Management Incentive Scheme and related
Subscription Agreement, the board of the Company has resolved to make an
offer to acquire 133,350 shares in the Company from Stewart Reynolds (the
Buyback Shares) for a total consideration of NZ$1.00.(i.e. NZ$1.00 in total,
not per Buyback share)
The attached Disclosure Document sets out details of the proposal by the
Company to acquire the Buyback Shares under section 60(1)(b)(ii) of the Act
and NZAX Listing Rule 7.6.1(f).
-ends-
For more information please contact: Anna Cicognani
Chief Executive
Email: [email protected]
About GeoOp (GEO)
GEO (geoop.com) is a publicly listed New Zealand-based software company that
offers complete mobile workforce management to businesses all over the world.
It's neatly wrapped into a low- cost, easy-to-use service with premium
support. GEO supports businesses in their journey to find more time for the
important things, providing intuitive software for devices that are already
in the hands of field workers
End CA:00275812 For:GEO Type:BUYBACK Time:2015-12-29 09:53:53
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