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

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    • Release Date: 23/12/14 13:59
    • Summary: GENERAL: PLE: PLE - Allotment Announcement Mandatory Convertible Notes
    • Price Sensitive: No
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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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