ATM
08/04/2015 08:45
RELINT
NOT PRICE SENSITIVE
REL: 0845 HRS The a2 Milk Company Limited
RELINT: ATM: Ongoing Disclosure Notice - D HEARN
Ongoing Disclosure Notice
Disclosure of Directors and Senior Managers Relevant Interests
Sections 297(2) and 298(2), Financial Markets Conduct Act 2013
To NZX Limited; and
Name of listed issuer: The a2 Milk Company Limited
Date this disclosure made: 7/04/2015
Date of last disclosure: N/a
Director or senior manager giving disclosure
Full name(s): David Lovat Gordon HEARN
Name of listed issuer: The a2 Milk Company Limited
Name of related body corporate (if applicable):
Position held in listed issuer: Chairman
Summary of acquisition or disposal of relevant interest (excluding specified
derivatives)
Class of affected quoted financial products: "Unlisted options to
subscribe
for Ordinary Shares in The a2 Milk Company Limited (Options)"
Nature of the affected relevant interest(s): Beneficial owner of
Options
For that relevant interest-
Number held in class before acquisition or disposal: Nil
Number held in class after acquisition or disposal: 5,000,000
Options
Current registered holder(s): Lovat Partners Limited
Registered holder(s) once transfers are registered: Lovat
Partners Limited
Summary of acquisition or disposal of specified derivatives relevant interest
(if applicable)
Type of affected derivative:
Class of underlying financial products:
Details of affected derivative-
The notional value of the derivative (if any) or the notional amount of
underlying financial products (if any):
A statement as to whether the derivative is cash settled or physically
settled:
Maturity date of the derivative (if any):
Expiry date of the derivative(if any):
The price specified in the terms of the derivative (if any):
Any other details needed to understand how the amount of the consideration
payable under the derivative or the value of the derivative is affected by
the value of the underlying financial products:
For that derivative,-
Parties to the derivative:
If the director or senior manager is not a party to the derivative, the
nature of the relevant interest in the derivative:
Details of transactions giving rise to acquisition or disposal
Total number of transactions to which notice relates: One
Details of transactions requiring disclosure-
Date of transaction: 30/03/2015
Nature of transaction: Grant of Options under the Company's new Long
Term Incentive Plan
Name of any other party or parties to the transaction (if known):
The consideration, expressed in New Zealand dollars, paid or received for the
acquisition or disposal. If the consideration was not in cash and cannot be
readily by converted into a cash value, describe the consideration:
"The Options have been
granted pursuant to the Company's new Long Term Incentive Plan, to remunerate
Mr David Hearn for services to be provided as an executive/director of the
Company's UK subsidiary and an adviser pertaining to the UK"
Number of financial products to which the transaction related:
5,000,000 Options
If the issuer has a financial products trading policy that prohibits
directors or senior managers from trading during any period without written
clearance (a closed period) include the following details--
Whether relevant interests were aquired or disposed of during a closed
period: No
Whether prior written clearance was provided to allow the aquisition or
disposal to proceed during the closed period: No
Date of the prior written clearance (if any): N/A
Summary of other relevant interests after acquisition or disposal:
Class of quoted financial products:
Nature of relevant interest:
For that relevant interest,-
Number held in class:
Current registered holder(s):
For a derivative relevant interest,-
Type of derivative:
Details of derivative,-
The notional value of the derivative (if any) or the notional amount of
underlying financial products (if any):
A statement as to whether the derivative is cash settled or physically
settled:
Maturity date of the derivative (if any):
Expiry date of the derivative (if any):
The price's specified terms (if any):
Any other details needed to understand how the amount of the consideration
payable under the derivative or the value of the derivative is affected by
the value of the underlying financial products:
For that derivative relevant interest,-
Parties to the derivative:
If the director or senior manager is not a party to the derivative, the
nature of the relevant interest in the derivative:
Cerification
I certify that, to the best of my knowledge and belief, the information
contained in this disclosure is correct and that I am duly authorised to make
this disclosure by all persons for whom it is made.
Signature of director or officer:
Date of signature:
or
Signature of person authorised to sign on behalf of director or officer:
Date of signature:
Name and title of authorised person:
Notes
Use this form to disclose all the aquisitions and disposals by a director or
senior manager of a listed issuer, or of a related body corporate, or in
specified derivatives. The disclosure must be made within--
(a) 20 working days after the first aquisition or disposal
disclosed in this notice if the aquisitions or disposals are of a kind
referred to in section 297(2)(a) of the Financial Markets Conduct Act 2013;
or
(b) in any other case, 5 trading days after the first
aquisition or disposal disclosed in this notice.
End CA:00262851 For:ATM Type:RELINT Time:2015-04-08 08:45:51
