Announcement
SECISSUE: SPG: Notification of Issue of Securities
04:10pm
SPG
22/05/2019 16:10
SECISSUE
NOT PRICE SENSITIVE
REL: 1610 HRS Stride Property Ltd & Stride Investment Management Ltd (NS)
SECISSUE: SPG: Notification of Issue of Securities
For the purposes of Listing Rule 7.12.1 of the NZX Main Board Listing Rules,
Stride Investment Management Limited (SIML) and Stride Property Limited (SPL,
together with SIML, Stride) advises the following securities have been issued
pursuant to the issuer's listing, in respect of the executive long term
incentive scheme:
a) Class of security: Ordinary Shares in each of SPL and SIML.
ISIN: NZSPGE0001S2.
b) Number issued: 54,879.
c) Issue Price: Nil.
d) Payment terms: N/A.
e) Amount paid up: Fully paid.
f) Percentage of total class issued: 0.02% of the total shares on issue.
g) Reason for issue: Pursuant to employee incentive share scheme
entitlements.
h) Authority for issue: Board resolution dated 22 May 2019.
i) Terms of issue: The shares will rank equally in all respects with
existing ordinary shares of each of Stride and SIML at the date on which they
are issued.
j) Total number of securities after issue: 365,351,678.
k) Treasury stock: Nil.
l) Date of issue: 22 May 2019.
Stride notes, further, that 128,052 share performance rights were forfeited
by operation of the executive long term incentive scheme.
End
For further information please contact:
Tim Storey, Chairman, Stride Investment Management Limited / Stride Property
Limited
Mobile: 021 633 089 - Email: tim.storey@strideproperty.co.nz
Philip Littlewood, Chief Executive Officer, Stride Investment Management
Limited
Mobile: 021 230 3026 - Email: philip.littlewood@strideproperty.co.nz
Jennifer Whooley, Chief Financial Officer, Stride Investment Management
Limited
Mobile: 021 536 406 - Email: jennifer.whooley@strideproperty.co.nz
Louise Hill, General Manager Corporate Services, Stride Investment Management
Limited and Company Secretary of Stride Property Group
Mobile: 0275 580 033 - Email: louise.hill@strideproperty.co.nz
A Stapled Security of the Stride Property Group comprises one ordinary share
in Stride Property Limited and one ordinary share in Stride Investment
Management Limited. Under the terms of the constitution of each company, the
shares in each can only be transferred if accompanied by a transfer of the
same number of shares in the other.
Stapled Securities are quoted on the NZX Main Board under the ticker code
SPG. Further information is available at www.strideproperty.co.nz or at
www.nzx.com/companies/SPG.
End CA:00334892 For:SPG Type:SECISSUE Time:2019-05-22 16:10:04
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