- Release Date: 07/12/15 15:58
- Summary: RELINT: ERD: Ongoing Disclosure Notice - Brian Michie
- Price Sensitive: No
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ERD 07/12/2015 15:58 RELINT NOT PRICE SENSITIVE REL: 1558 HRS EROAD Limited RELINT: ERD: Ongoing Disclosure Notice - Brian Michie Disclosure of acquisition or disposal of relevant interest by director or senior manager Sections 297(2) and 298(2), Financial Markets Conduct Act 2013 To NZX Limited and To EROAD Limited Date this disclosure made: 7 December 2015 Date of last disclosure: 30 November 2015 Director(s) or senior manager(s) giving disclosure Full name(s): Brian Michie Name of listed issuer: EROAD Limited Name of related body corporate: Not applicable Position held in listed issuer: Senior Vice President Summary of acquisition or disposal of relevant interest (excluding specified derivatives) Class of affected quoted financial products: Ordinary shares in EROAD Limited (NZX code: ERD) For that relevant interest,-- (a) number held in class before acquisition or disposal: 1,976,177 (b) number held in class after acquisition or disposal: 1,756,377 (c) current registered holder(s): Brian Michie (d) registered holder(s) once transfers are registered: Not known Details of transactions giving rise to acquisition or disposal Total number of transactions to which notice relates: 15 Details of the transactions requiring disclosure: (a) relevant interests were disposed of during a closed period. Prior written clearance was provided on 24 November 2015 (b) the date of the transactions was 30 November to 4 December June 2015 (c) the nature of the transactions were on-market disposals (d) the names of the other parties to the transactions are not known (e) the consideration, expressed in New Zealand dollars, received for the disposal was market rate on date of sale, between $2.19 and $2.25. (f) the number of ordinary shares to which the 15 transaction(s) related was 219,800 ordinary shares. Summary of other relevant interests after acquisition or disposal Class of quoted financial products: Ordinary shares in EROAD Limited (NZX code: ERD) Nature of relevant interest(s): Brian Michie is the beneficial owner of shares pursuant to a Long Term Incentive plan, under which the shares are held on trust subject to certain performance targets being met over the period 1st April 2014 to 31st March 2017, upon which the shares will vest. For that relevant interest,-- (a) number held in class: 44,183 (b) current registered holder(s) of securities: EROAD LTI Trustee Limited as trustee of the trust which holds securities on behalf of participants in the Long Term Incentive Plan. Nature of relevant interest(s): Brian Michie is the beneficial owner of shares pursuant to a Long Term Incentive plan, under which the shares are held on trust subject to certain performance targets being met over the period 1st April 2015 to 31st March 2018, upon which the shares will vest. For that relevant interest,-- (a) number held in class: 36,553 (b) current registered holder(s) of securities: EROAD LTI Trustee Limited as trustee of the trust which holds securities on behalf of participants in the Long Term Incentive Plan. Certification I, Brian Michie 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. End CA:00274752 For:ERD Type:RELINT Time:2015-12-07 15:58:02
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- Ann: RELINT: ERD: Ongoing Disclosure Notice - Brian Michie
Ann: RELINT: ERD: Ongoing Disclosure Notice - Brian Michie
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