- Release Date: 07/08/15 16:47
- Summary: GENERAL: GFL: GFNZ Grp Allocates Share Options to Key Executive
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GFL 07/08/2015 16:47 GENERAL NOT PRICE SENSITIVE REL: 1647 HRS GFNZ Group Limited GENERAL: GFL: GFNZ Grp Allocates Share Options to Key Executive Release 7 August 2015 GFNZ GROUP LIMITED ALLOCATES SHARE OPTIONS TO KEY EXECUTIVE The Board of NZAX-listed auto loan provider GFNZ Group Ltd (GFNZ) today allocated share options to key executive staff. This allocation was approved by Directors on 7 August 2015. The key terms of the options issued being: o The options allow the holder to acquire 1 share in GFNZ Ltd at 3.8 cents per share. o The term of the options expires on the earlier of o 5.00 pm 30 March 2018; and o The time on the date when the employee ceases employment with the Group. o The options confer no voting rights or dividend rights until converted to shares. Under this allotment, 10,000,000 options were issued including 5,000,000 to the Managing Director, David O'Connell GFNZ Group Limited [email protected] End CA:00268113 For:GFL Type:GENERAL Time:2015-08-07 16:47:51
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