PLE
18/11/2014 12:20
GENERAL
REL: 1220 HRS Pulse Energy Limited
GENERAL: PLE: PLE - Allotment Announcement Mandatory Convertible Notes
Pulse Energy Limited (NZX:PLE) advises that a further $700,000 of Mandatory
Convertible Notes have been allotted under the Mandatory Convertible Note
offer announced on 16 October 2014. Details of the allotment are set out
below:
Class of security: Mandatory Convertible Notes (Notes)
ISIN: NZPLEN0001L8
Number issued: 700,000
Issue price: $1 per Note
Payment in cash: Yes
Percentage of class: 21.8%
Purpose of the issue: To provide additional working capital to Pulse to
facilitate further growth in its business.
Authority for issue: Board resolution
Date of issue: 18 November 2014
Total number of securities on issue in class following allotment:
3,910,000
For further information please contact:
Shane Sampson
Chief Financial Officer
P: +64 9 304 1173
E: [email protected]
End CA:00257796 For:PLE Type:GENERAL Time:2014-11-18 12:20:26