XRO
02/12/2014 08:30
RELINT
NOT PRICE SENSITIVE
REL: 0830 HRS Xero Limited
RELINT: XRO: Ongoing Disclosure Notice - B Veghte
Ongoing Disclosure Notice
Section 19T(2), 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 related body corporate to which this
disclosure relates
Number, class, and type of securities: 21,000 Ordinary Shares
C Nature of relevant interest and name of registered holder
Nature of relevant interest in securities: (a) Trustee of trust as
registered holder of 26,000 Ordinary Shares (taking into account the purchase
of shares described in this Notice). Beneficiaries of the trust are immediate
family members; (b) 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). The material terms of these Options are set
out in the Notification of Allotment of Securities released by Xero Limited
to NZX on 12 February 2014.
Name of registered holder of securities: (a) FNZ Custodians Limited (on
behalf of Bean Brook Farm 2013 Annuity Trust); (b) Bill Veghte
D Details of acquisitions and disposals
If the relevant interest was acquired--
Date of acquisition: 27 November 2014
Consideration paid for acquisition: $359,257.50 for 21,000 Ordinary Shares
at a weighted average purchase price of $17.1075 per share
If the relevant interest was disposed of--
Date of disposal:
Consideration paid for disposal:
Type of transaction
Describe the arrangement pursuant to which, or the circumstances in which,
the acquisition or disposal took place:
On-market purchase of shares
E Total number of transactions this notice relates to: 1 (through multiple
on-market acquisitions)
F Date of last disclosure notice (whether in form 1 or form 2) by director or
officer: 29 July 2014
G Signature
Signature of director or officer:
Date of signature: ____ November 2014
End CA:00258368 For:XRO Type:RELINT Time:2014-12-02 08:30:19
