- Release Date: 23/12/14 13:59
- Summary: GENERAL: PLE: PLE - Allotment Announcement Mandatory Convertible Notes
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PLE 23/12/2014 13:59 GENERAL NOT PRICE SENSITIVE REL: 1359 HRS Pulse Energy Limited GENERAL: PLE: PLE - Allotment Announcement Mandatory Convertible Notes Pulse Energy Limited (NZX:PLE) advises that a further $900,000 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: 900,000 Issue price: $1 per Note Payment in cash: Yes Percentage of class: 23.0% 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: 23 December 2014 Total number of securities on issue in class following allotment: 4,810,000 For further information please contact: Shane Sampson Chief Financial Officer P: +64 9 304 1173 E: [email protected] End CA:00259335 For:PLE Type:GENERAL Time:2014-12-23 13:59:41
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