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- Release Date: 20/02/14 10:36
- Summary: RELINT: XRO: Ongoing Disclosure Notice
- Price Sensitive: No
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XRO
20/02/2014 08:36
RELINT
REL: 0836 HRS Xero Limited
RELINT: XRO: Ongoing Disclosure Notice
Ongoing Disclosure Notice
Section 19T(2), Securities Markets Act 1988
A Details of director or officer
Name of director or officer of public issuer: Stuart McLean
Name of public issuer: Xero Limited
Name of related body corporate (if applicable):
Position held in public issuer: Chief Revenue Officer
B Securities in public issuer or related body corporate to which this
disclosure relates
Number, class, and type of securities: 82,426 ordinary shares after the
transaction
C Nature of relevant interest and name of registered holder
Nature of relevant interest in securities: (a) Legal ownership of 57,738
ordinary shares; (b) beneficial ownership of 24,688 ordinary shares through
the Xero Limited Restricted Share Plan
Name of registered holder of securities: (a) Stuart McLean; (b) Xero Trustee
Limited
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: i. 13 February 2014;
ii. 18 February 2014.
Consideration paid for disposal: i. Average price of NZ$40.3456 per share
for 2,435 shares;
ii. NZ$40.00 per share for 3,565 shares.
Type of transaction
Describe the arrangement pursuant to which, or the circumstances in which,
the acquisition or disposal took place:
On-market disposal of shares
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: 11 July 2013
End CA:00247236 For:XRO Type:RELINT Time:2014-02-20 08:36:26
