XRO
02/10/2014 15:41
RELINT
REL: 1541 HRS Xero Limited
RELINT: XRO: Ongoing Disclosure Notice - P Karpas
Ongoing Disclosure Notice
Section 19T(2), Securities Markets Act 1988
A Details of director or officer
Name of director or officer of public issuer: Peter Karpas
Name of public issuer: Xero Limited
Name of related body corporate (if applicable):
Position held in public issuer: N/A (previously held position of CEO, North
America - employed by Xero, Inc., a wholly owned US subsidiary of Xero
Limited)
B Securities in public issuer or related body corporate to which this
disclosure relates
Number, class, and type of securities: (a) 147,239 Options to acquire
Ordinary Shares in Xero Limited
(b) Conditional contractual entitlement to be issued up to 20,537 Ordinary
Shares in Xero Limited (Restricted Stock Units)
C Nature of relevant interest and name of registered holder
Nature of relevant interest in securities: (a) None - disposal of interest
on 30 September 2014 (b) None - disposal of interest on 30 September 2014. No
relevant interest in Xero Limited securities is held by Peter Karpas as at
the date of this notice.
Name of registered holder of securities: N/A
D Details of acquisitions and disposals
If the relevant interest was acquired--
Date of acquisition:
Consideration paid for acquisition:
If the relevant interest was disposed of--
Date of disposal: 30 September 2014
Consideration paid for disposal: N/A
Type of transaction
Describe the arrangement pursuant to which, or the circumstances in which,
the acquisition or disposal took place:
(a) Cancellation of 147,239 unvested Options to subscribe for Ordinary Shares
in Xero Limited upon cessation of employment with Xero, Inc., a wholly owned
subsidiary of Xero Limited.
(b) Cancellation of an unvested conditional contractual entitlement to be
issued up to 20,537 Ordinary Shares in Xero Limited upon cessation of
employment with Xero, Inc., a wholly owned subsidiary of Xero Limited.
E Total number of transactions this notice relates to: 2
F Date of last disclosure notice (whether in form 1 or form 2) by director or
officer: 13 February 2014
G Signature
Signature of director or officer:
Date of signature: 1 October 2014
End CA:00256029 For:XRO Type:RELINT Time:2014-10-02 15:41:33
