PGC
10/12/2014 11:10
GENERAL
NOT PRICE SENSITIVE
REL: 1110 HRS Pyne Gould Corporation Limited
GENERAL: PGC: James West and PGC - Agreed Terms of Settlement
NZX ANNOUNCEMENT
10 December 2014
James West and PGC - Agreed Terms of Settlement
PGC and Mr West are pleased to announce their dispute has settled. As part of
this settlement, PGC records that it accepts that Mr West acted on the
instructions of the managing director in paying bonuses on 30 March 2012, and
genuinely believed that he had the authority to arrange the payments.
For more information, please contact:
David Lewis
+64 21 976 119
End CA:00258737 For:PGC Type:GENERAL Time:2014-12-10 11:10:54
