1. Most Discussed
  2. Gainers & Losers
XRO $34.00

Ann: ALLOT: XRO: Notification of Allotment of Securities

    • Release Date: 04/02/15 08:30
    • Summary: ALLOT: XRO: Notification of Allotment of Securities
    • Price Sensitive: No
    • Download Document  2.25KB
    04/02/2015 08:30
    REL: 0830 HRS Xero Limited
    ALLOT: XRO: Notification of Allotment of Securities
    3 February 2015
    For the purpose of Listing Rule 7.12.1 and 7.12.9 of the NZSX Listing Rules,
    Xero Limited advises the following securities have been issued:
    Class of Securities  Ordinary Shares
    ISIN  NZXROE0001S2
    Number of securities issued  4,378 Ordinary Shares
    Issue price
      Ordinary Shares issued upon exercise of options; the exercise price for the
    exercise of the options was NZ$5.31 per option
    Payment in cash  The exercise price (as set out above) for each option
    exercised was paid in cash
    Any amount paid up (if not in full)  Fully paid
    Percentage of total class issued (excluding treasury stock)  0.0034% (as a
    percentage of Ordinary Shares on issue after this issue, to 4 d.p.)
    Reasons for the issue
    Issue of Ordinary Shares upon exercise of vested options under the Xero
    Limited (USA) Equity Incentive Scheme as part of the remuneration package of
    US based employees
    Specific authority for the issue  Resolution of directors upon granting of
    Terms or details of the issue  Issue of Ordinary Shares upon exercise of
    vested employee share options
    Total number of securities of the class in existence after the issue
    (excluding treasury stock)  128,383,775 Ordinary Shares on issue
    659,823 unlisted options (taking into account the exercise of 4,378 options
    and all forfeited share options to date)
    Note that there are also 145,675 "Restricted Stock Units" (conditional
    contractual right to be issued up to 145,675 Ordinary Shares) outstanding
    Date of issue  2 February 2015
    Number of Securities Converted 4,378 options granted pursuant to the Xero
    Limited (USA) Equity Incentive Scheme
    Number and Class of Securities into which they have been Converted  4,378
    Ordinary Shares
    Details of any interest or dividend conditions attaching to Securities
    Converted, and allotted upon Conversion
    Number of Securities of the same class that remain to be Converted  659,823
    unlisted options granted pursuant to the Xero Limited (USA) Equity Incentive
    Matt Vaughan
    Company Secretary
    Email: [email protected]
    End CA:00260279 For:XRO    Type:ALLOT      Time:2015-02-04 08:30:49

Before making any financial decisions based on what you read, always consult an advisor or expert.

The HotCopper website is operated by Report Card Pty Ltd. Any information posted on the website has been prepared without taking into account your objectives, financial situation or needs and as such, you should before acting on the information or advice, consider the appropriateness of the information or advice in relation to your objectives, financial situation or needs. Please be aware that any information posted on this site should not be considered to be financial product advice.

From time to time comments aimed at manipulating other investors may appear on these forums. Posters may post overly optimistic or pessimistic comments on particular stocks, in an attempt to influence other investors. It is not possible for management to moderate all posts so some misleading and inaccurate posts may still appear on these forums. If you do have serious concerns with a post or posts you should report a Terms of Use Violation (TOU) on the link above. Unless specifically stated persons posting on this site are NOT investment advisors and do NOT hold the necessary licence, or have any formal training, to give investment advice.


Thank you for visiting HotCopper

We have detected that you are running ad blocking software.

HotCopper relies on revenue generated from advertisers. Kindly disable your ad blocking software to return to the HotCopper website.

I understand, I have disabled my ad blocker. Let me in!

Need help? Click here for support.