For the purposes of Listing Rule 7.12.1 of the NZX Main Board Listing Rules, Spark New Zealand Limited (Spark NZ) advises that the following securities have been issued pursuant to its Long Term Incentive Scheme 2015:
7.12.1 a) Class of Security | Ordinary shares |
ISIN | NZTELE0001S4 |
b) Number of Securities issued | 7,591 |
c) Issue price | $3.5041 |
d) Payment terms | Cash payment |
e) Amount paid up | In full |
f) The principal terms of securities | Ordinary shares in Spark NZ, issued to the scheme trustee and held on behalf of participants until such time as the shares vest |
g) Percentage of total Class of Securities issued | 0.0004% |
h) Reason for issue | Issue of shares under the Spark NZ Long Term Incentive Scheme 2015 |
i) Authority for issue | Board resolution dated 17 August 2016 |
j) Terms of issue | The shares are held by the scheme trustee for a vesting period (generally three years) and rank pari passu with existing ordinary shares |
| 1,832,573,937 N/A |
m) Date of issue | 21 December 2016 |
Yours faithfully
Silvana Roest Company Secretary
Spark New Zealand Limited ARBN 050 611 277
Spark City, 167 Victoria Street West, Private Bag 92028, Auckland, New Zealand
Spark New Zealand Ltd. published this content on 21 December 2016 and is solely responsible for the information contained herein.
Distributed by Public, unedited and unaltered, on 23 December 2016 15:53:07 UTC.
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