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Ann: GENERAL: PLE: PLE - Allotment Announcement Mandatory...

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    • Release Date: 18/11/14 12:20
    • Summary: GENERAL: PLE: PLE - Allotment Announcement Mandatory Convertible Notes
    • Price Sensitive: No
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    					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
    				
 
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