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- Release Date: 20/06/13 19:05
- Summary: GENERAL: CVT: 13,500 Partly Paid Redeemable Ordinary Shares Redeemed
- Price Sensitive: No
- Download Document 1.8KB
CVT
20/06/2013 17:05
GENERAL
REL: 1705 HRS Comvita Limited
GENERAL: CVT: 13,500 Partly Paid Redeemable Ordinary Shares Redeemed
We hereby advise the NZX in accordance with NZSX Listing Rule 7.12.1 that
Comvita Limited ("CVT") has redeemed securities, the details of which are as
follows:
(a) Class of Security and ISIN: Partly Paid Ordinary Shares NZCVTE000157
(b) the number issued or acquired: 13,500;
(c) the nominal value (if any) and issue or acquisition price: 4,000 at
$2.12 and 500 at $1.18 and $9,000 at $2.65
(d) whether payment was in cash: Payment of one cent per share made in
cash to Comvita Share Scheme Trustee Limited upon redemption.
(e) any amount paid up (if not in full): one cent per share;
(f) the percentage of the total Class of Securities issued or acquired:
0.04626% of issued Ordinary Shares before this share forfeited;
(g) the reason for the issue or acquisition: Employees have left the
company and are no longer participating in the Comvita Limited Partly Paid
Share Scheme;
(h) the specific authority for the issue or acquisition (if any): Terms
of the Comvita Limited Partly Paid Share Scheme; Directors Resolution;
(i) any terms or details of the issue or acquisition (such as an escrow
provision): Redemption in accordance with the Rules of the Comvita Limited
Partly Paid Share Scheme;
(j) the total number of Securities of the Class in existence after the
issue or acquisition: 802,000 Partly Paid Redeemable Shares which are not
quoted. Quoted Ordinary Shares remain unchanged at 29,182,278;
(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; and
(l) the dates of issue or acquisition: 20th June 2013.
End CA:00237647 For:CVT Type:GENERAL Time:2013-06-20 17:05:23
