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- Release Date: 18/07/12 17:29
- Summary: EXERCISE: KFL: FINAL EXERCISE OF KINGFISH WARRANTS (KFLWB) - 3 SEPT 2012
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KFL
18/07/2012 15:29
EXERCISE
REL: 1529 HRS Kingfish Limited
EXERCISE: KFL: FINAL EXERCISE OF KINGFISH WARRANTS (KFLWB) - 3 SEPT 2012
18 July 2012
Dear Warrant Holder
FINAL EXERCISE OF KINGFISH WARRANTS (KFLWB) - 3 SEPTEMBER 2012
As required by the NZX Listing Rules, we advise Kingfish warrant holders as
follows.
As the final warrant exercise date of 3 September 2012 is approaching, you
have the following choices with your warrants at a cost of 95 cents each:
1. You can elect to exercise some or all of your warrants (a minimum of 500
or such lesser amount that you own) on 3 September 2012. [Please refer to
instructions below].
2. You can elect to not exercise any warrants on 3 September 2012. If you
choose not to exercise any warrants, these will lapse at 5pm on 3 September
2012 and any rights in regard to them will expire.
3. You can sell or transfer your warrants on the NZX until 5pm Wednesday 29
August 2012. This allows for the transactions to be settled by 3 September
2012.
Any warrants not exercised by 5pm on 3 September 2012 will lapse and all
rights in regard to them will expire.
Please note that there is also a warrant exercise date on Tuesday 24 July
2012, for which a reminder letter was sent on 6 June 2012.
What do I do if I wish to exercise my warrants?
If you wish to exercise some or all of your warrants (subject to a minimum
exercise of 500 warrants or such lesser amount that you own) by 3 September
2012, please complete the enclosed exercise form. This form must be received
by Computershare no later than 5pm 3 September 2012 in order to be processed.
Broker Handling Fee
1. On 17 December 2010, Kingfish Limited introduced a broker handling fee to
cover administration costs incurred by NZX brokers in respect of the exercise
of Kingfish warrants.
2. The broker handling fee is to be calculated at 0.4% of the total
consideration payable for warrants exercised by those holders who are
identified as clients of an NZX broker and will be payable by Kingfish
Limited.
3. Please refer to note 5 of the enclosed form for further details.
Yours sincerely
On behalf of the Board,
Ben Doshi
Chief Financial Officer
Kingfish
End CA:00225074 For:KFL Type:EXERCISE Time:2012-07-18 15:29:39
