IKE
04/12/2014 08:31
GENERAL
NOT PRICE SENSITIVE
REL: 0831 HRS ikeGPS Group Limited (NS)
GENERAL: IKE: Notification of issue of additional unlisted options
December 3, 2014
Client Market Services
NZX Limited
WELLINGTON
By NZ MAP
NOTIFICATION OF ISSUE OF ADDITIONAL UNLISTED OPTIONS
For the purpose of Listing Rule 7.12.1, ikeGPS Group Limited (NZX:IKE)
advises the following unlisted options have been issued to employees of IKE
or its subsidiaries.
a Class of security
ISIN Unlisted options
N/A
b Number issued 150,000 (marked with * in the attached appendix)
c Nominal value
Issue price N/A
Exercise price is set out in the appendix
d Payment terms Full payment on exercise
e Amount paid up N/A
f Principle terms of security The options are exercisable from the effective
date of grant (the first vesting date), until 31 December 2017.
The options are no longer exercisable on the first of (i) the termination of
the option holders' service or (ii) its termination in connection with a
change of control in the company or (iii) after 31 December 2017.
Otherwise the options have the same essential terms set out in section 8.4 of
IKE's IPO Investment Statement dated 23 June 2014
g Percentage of class of securities 100% of the classes of additional
unlisted options specified in the appendix.
h Reason for issue Further grant of options to retain and reward employees
and to motivate such individuals to contribute to the growth and
profitability of IKE
i Authority for issue Listing Rule 7.3.6
j Terms of issue As summarised above
k Number of securities in existence after issue 50,101,759 listed ordinary
shares
2,974,996 unlisted options in total, of the classes set out in the appendix
l Treasury stock N/A
m Date of issue 28 November 2014
Contacts:
ikeGPS
Gael Hargreaves
Chief Financial Officer
Mobile: +64 272773855
Email: [email protected]
End CA:00258475 For:IKE Type:GENERAL Time:2014-12-04 08:31:06
