WHS
12/10/2015 16:36
GENERAL
NOT PRICE SENSITIVE
REL: 1636 HRS The Warehouse Group Limited
GENERAL: WHS: Notice of Issue of Conditional Rights
Notice of Issue of Conditional Rights
12 October 2015
THE WAREHOUSE GROUP LIMITED
NZX Listing Rule 7.12.1 - Notice of Issue of Conditional Rights
The Warehouse Group Limited ("the company") hereby advises that it issued
conditional rights, as set out below, to various executives of the company on
12 October 2015.
Class of Security Conditional Rights to ordinary shares in the company
pursuant to The Warehouse Group Limited Executive Share Scheme
ISIN NZ WHSE 000 1S6
Number of securities issued Conditional rights in respect of 726,109 ordinary
shares (classified in the offer booklet as "Performance Shares")
Conditional rights in respect of 1,724,959 ordinary shares (classified in the
offer booklet as "Award Shares")
Issue price Nil
Whether Payment in cash No. The conditional rights to be allocated and
transferred ordinary shares in The Warehouse Group Limited is subject to the
satisfaction of certain performance conditions which have been advised on an
individual basis to the selected executive employees ("Executive Employees")
participating in The Warehouse Group Limited Executive Share Scheme.
Any amount paid up (if not in full) Nil
Percentage of total class issued 100%
Reasons for the issue: Issue of conditional rights to selected Executive
Employees to be allocated and transferred ordinary shares in the company upon
the satisfaction of certain conditions
Specific authority of the issue Resolution of shareholders dated 23 March
2007 and Resolution of directors dated 17 September 2015.
Terms or details of the issue Performance Shares
Performance Target - Total Shareholder Return of $0.78
Performance Period - 12 October 2015 to 12 October 2018
Expected Vesting - 26 October 2018
Award Shares
Expected vesting will commence on 28 October 2016
Total number of securities of the class in existence after the issue
2,451,068 conditional rights pursuant to Executive Share Scheme October 2015
Offer
1,538,106 conditional rights pursuant to Executive Share Scheme October 2014
Offer
789,434 conditional rights pursuant to Executive Share Scheme October 2013
Offer
909,204 conditional rights pursuant to Executive Share Scheme October 2012
Offer
Date of issue 12 October 2015
Kerry Nickels
Company Secretary
The Warehouse Group Limited
End CA:00271603 For:WHS Type:GENERAL Time:2015-10-12 16:36:04
