Share
- Release Date: 22/05/12 16:09
- Summary: CONV: CVT: 20,000 Redeemable Shares Converted to Ordinary Shares
- Price Sensitive: No
- Download Document 1.73KB
CVT
22/05/2012 14:09
CONV
REL: 1409 HRS Comvita Limited
CONV: CVT: 20,000 Redeemable Shares Converted to Ordinary Shares
Announcement to NZX
For immediate release
20,000 redeemable shares converted to ordinary shares and issued to
Executives as per the rules of the Scheme.
We hereby advise the NZX in accordance with NZSX Listing Rule 7.12.1 that
Comvita Limited ("CVT") has issued securities, the details of which are as
follows:
(a) Class of Security and ISIN: Partly Paid Redeemable Ordinary Shares
NZCVTE000157
(b) the number issued or acquired: 20,000;
(c) the nominal value (if any) and issue or acquisition price: $1.18 per
share;
(d) whether payment was in cash: Yes;
(e) any amount paid up (if not in full): fully paid up;
(f) the percentage of the total Class of Securities issued or acquired:
0.070% of issued Ordinary Shares before this share issue;
(g) the reason for the issue or acquisition: Convert entitlements to Ordinary
Shares for Company Executives under the Comvita Limited Partly Paid Share
Scheme;
(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): The key terms are set out in the initial disclosure of the offer;
(j) the total number of Securities of the Class in existence after the issue
or acquisition: 1,541,000 Partly Paid Redeemable Shares which are not quoted.
Quoted Ordinary Shares increased to 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: N/A;
(l) the dates of issue or acquisition: 22nd May 2012.
End CA:00223127 For:CVT Type:CONV Time:2012-05-22 14:09:10
