- Release Date: 04/12/15 16:20
- Summary: RELINT: ERD: Ongoing Disclosure Notice - Bruce Wilson
- Price Sensitive: No
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ERD 04/12/2015 16:20 RELINT NOT PRICE SENSITIVE REL: 1620 HRS EROAD Limited RELINT: ERD: Ongoing Disclosure Notice - Bruce Wilson 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: 4 December 2015 Date of last disclosure: 21 October 2015 Director(s) or senior manager(s) giving disclosure Full name(s): Bruce John Wilson Name of listed issuer: EROAD Limited Name of related body corporate (if applicable): Not applicable Position held in listed issuer: Chief Technology Officer 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) Nature of the affected relevant interest(s): Bruce Wilson has the power to control dealings and voting of shares held by Bruce Wilson, Stephanie Wilson and SW Trust Services (Thirteen) Limited as trustees of Wilson Family Trust. Bruce Wilson, Stephanie Wilson and SW Trust Services (Thirteen) Limited are the registered holder of the securities in respect of which relevant interest has been disposed. For that relevant interest,-- (a) number held in class before acquisition or disposal: 661,292 (b) number held in class after acquisition or disposal: 600,000 (c) current registered holder(s): Bruce Wilson, Stephanie Wilson and SW Trust Services (Thirteen) Limited (d) registered holder(s) once transfers are registered: Unknown Details of transactions giving rise to acquisition or disposal Total number of transactions to which notice relates: 6 Details of the transactions requiring disclosure: (a) relevant interests were disposed of during a closed period. Prior written clearance was provided on 25 November 2015 (b) the date of the transactions was between 27 November 2015 and 4 December 2015. (c) the nature of the transactions were on-market disposals (d) the names of the other parties to the transactions are unknown (e) the consideration, expressed in New Zealand dollars, received for the disposal was market rate on day of trade between $2.25 and $2.35 (f) the number of ordinary shares to which the 6 transactions related was totalling 61,292 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): Bruce Wilson 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: 18,195 (b) current registered holder(s) of securities: EROAD LTI Trustee Limited as trustee of the trust Nature of relevant interest(s): Bruce Wilson 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: 15,631 (b) current registered holder(s) of securities: EROAD LTI Trustee Limited as trustee of the trust Certification I, Bruce Wilson, 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:00274681 For:ERD Type:RELINT Time:2015-12-04 16:20:54
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- Ann: RELINT: ERD: Ongoing Disclosure Notice - Bruce Wilson
Ann: RELINT: ERD: Ongoing Disclosure Notice - Bruce Wilson
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