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- Release Date: 17/02/14 19:23
- Summary: RELINT: XRO: Initial Disclosure Notice
- Price Sensitive: No
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XRO
17/02/2014 17:23
RELINT
REL: 1723 HRS Xero Limited
RELINT: XRO: Initial Disclosure Notice
Initial Disclosure Notice
Section 19T(1), Securities Markets Act 1988
A Details of director or officer
Name of director or officer of public issuer: Bill Veghte
Name of public issuer: Xero Limited
Name of related body corporate (if applicable):
Position held in public issuer: Director
B Securities in public issuer or any related body corporate in which director
or officer has relevant interest
Number, class, and type of securities: 62,785 Options to subscribe for
Ordinary Shares in Xero Limited
C Nature of relevant interest and name of registered holder
Nature of relevant interest in securities: Holder of 62,785 options to
subscribe for Ordinary Shares in Xero Limited (each option entitling the
holder to subscribe for one Ordinary Share in Xero Limited subject to the
terms of the Xero Limited (USA) Equity Incentive Scheme). The material terms
of the Options are set out in the Notification of Allotment of Securities
released by Xero Limited to NZX on 12 February 2014. 52,000 of the Options
held by Bill Veghte were granted in connection with Bill Veghte's role as US
Advisor, and 10,785 of the Options held by Bill Veghte were granted in
connection with Bill Veghte's role as director.
Name of registered holder of securities: Bill Veghte
D Date on which obligation to make this disclosure arose: 12 February 2014
End CA:00247078 For:XRO Type:RELINT Time:2014-02-17 17:23:49
