- Release Date: 01/03/16 16:52
- Summary: GENERAL: SPY: Lapse and Expiry of Unlisted Options
- Price Sensitive: No
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SPY 01/03/2016 16:52 GENERAL NOT PRICE SENSITIVE REL: 1652 HRS Smartpay Holdings Limited GENERAL: SPY: Lapse and Expiry of Unlisted Options Smartpay Holdings Limited advises that the following unlisted options have now expired without being exercised: 2,000,000 unlisted Incentive Options March 2017 $0.40 2,000,000 unlisted Incentive Options March 2018 $0.60 These options automatically lapsed, in accordance with the Terms and Conditions of the Options, on the date falling 3 months after the date on which Ivan Hammerschlag ceased to be a director of the Company. The securities remaining on issue are as follows: Listed 171,752,278 Ordinary shares Unlisted Options issued Number of shares over which they are exercisable Exercise Price per share Expiry date 20,000,000 March 2016 Options 1,000,000 $0.80 31 March 2016 35,000,000 Directors Incentive Options March 2016 1,750,000 $1.00 31 March 2016 10,000,000 Incentive Options March 2017 5,000,000 $0.40 31 March 2017 4,000,000 Incentive Options December 2017 2,000,000 $0.40 31 December 2017 10,000,000 Incentive Options March 2018 5,000,000 $0.60 31 March 2018 4,000,000 Incentive Options December 2019 2,000,000 $0.60 31 December 2019 ENDS For further information contact: Rowena Bowman, Company Secretary, Smartpay, + 64 9 442 7769 End CA:00278608 For:SPY Type:GENERAL Time:2016-03-01 16:52:02
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- Ann: GENERAL: SPY: Lapse and Expiry of Unlisted Options
Ann: GENERAL: SPY: Lapse and Expiry of Unlisted Options
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