1 December 2016
Company Announcements Australian Securities Exchange Level 4
20 Bridge Street
Sydney NSW 2000
At ANZ's 2016 Annual General Meeting, shareholders will be asked to approve the grant of Performance Rights to the Company's CEO, Mr Shayne Elliott on the terms set out in the 2016 Notice of Meeting.
The number of Performance Rights is determined by dividing the face value by the Volume Weighted Average Price (VWAP) of the Company's shares traded on the ASX in the five trading days up to and including 22 November 2016 (the start of the three year Performance Period) - which was $27.91.
Accordingly, the actual number of Performance Rights proposed to be allocated to Mr Elliott is 112,862 for Tranche 1 (Relative TSR Hurdle) and 37,620 for Tranche 2 (Absolute CAGR TSR Hurdle), summing to a total allocation of 150,482 Performance Rights.
Yours faithfully
Simon PordageCompany Secretary
Australia and New Zealand Banking Group Limited
Company Secretary's OfficeANZ Centre Melbourne, Level 9, 833 Collins Street, DOCKLANDS VIC 3008 GPO Box 254, MELBOURNE VIC 3001 AUSTRALIA
www.anz.com
Australia and New Zealand Banking Group Limited ABN 11 005 357 522
ANZ - Australia & New Zealand Banking Group Ltd. published this content on 01 December 2016 and is solely responsible for the information contained herein.
Distributed by Public, unedited and unaltered, on 02 December 2016 00:03:39 UTC.
Original documenthttp://news.iguana2.com/anz/ASX/ANZ/461637
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