- Release Date: 09/09/13 17:40
- Summary: PLACE: CVT: 2,272,277 Ordinary Shares issued to Derma Sciences Inc.
- Price Sensitive: No
- Download Document 1.7KB
CVT 09/09/2013 15:40 PLACE REL: 1540 HRS Comvita Limited PLACE: CVT: 2,272,277 Ordinary Shares issued to Derma Sciences Inc. We hereby advise the NZX in accordance with NZSX Listing Rule 7.12.1 that Comvita Limited ("CVT") has issued securities, the details of which are as follows: (a) Class of Security and ISIN: Ordinary Shares NZCVTE000157 (b) the number issued: 2,272,277; (c) the nominal value (if any) and issue or acquisition price: $3.90 per share; (d) whether payment was in cash: Yes; (e) any amount paid up (if not in full): N/A; (f) the percentage of the total Class of Securities issued or acquired: 7.7865% of issued Ordinary Shares before this share issue; (g) the reason for the issue or acquisition: Strategic Investment by our US partners; (h) the specific authority for the issue or acquisition (if any): Directors Resolution; (i) any terms or details of the issue or acquisition (such as an escrow provision): Pursuant to the Subscription Agreement between Comvita and Derma Sciences, should Comvita issue further shares to any third party investor by way of a private placement within 6 months from the issue date at a price of 10% or more below $3.90 per share, the benefit of such lower issuance price must be extended to Derma Sciences by issue of additional shares to Derma Sciences at no further cost.; (j) the total number of Securities of the Class in existence after the issue or acquisition: 31,454,555; (k) in the case of an acquisition of shares by an Issuer which is a company registered under the Companies Act 1993, whether those shares are to be held as Treasury Stock: N/A; (l) the date of issue or acquisition: 9th September 2013. End CA:00240894 For:CVT Type:PLACE Time:2013-09-09 15:40:24
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- Ann: PLACE: CVT: 2,272,277 Ordinary Shares issued
Ann: PLACE: CVT: 2,272,277 Ordinary Shares issued
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