Announcement
SECISSUE: SUM: Notice of Allotment of Securities
08:47am
SUM
22/07/2019 08:47
SECISSUE
NOT PRICE SENSITIVE
REL: 0847 HRS Summerset Group Holdings Limited
SECISSUE: SUM: Notice of Allotment of Securities
Section 1: Issuer information
Name of issuer Summerset Group Holdings Limited
NZX ticker code SUM
Class of financial product Ordinary Shares
ISIN (If unknown, check on NZX website) NZSUME0001S0
Currency NZD
Section 2: Capital change details
Number issued 148,400 Ordinary Shares
Nominal value (if any) N/A
Issue price per security $5.6938 (being the volume weighted average price of
Shares on the NZX Main Board over the 5 trading days prior to 22 July 2019)
Nature of the payment (for example, cash or other consideration) Pursuant to
the terms of the Employee Share Purchase Scheme, the issue price will be
funded by Summerset Group Holdings Limited
Amount paid up (if not in full) Fully paid
Percentage of total class of Financial Products issued (calculated on the
number of Financial Products of the Class, excluding any Treasury Stock, in
existence) 0.07%
For an issue of Convertible Financial Products or Options, the principal
terms of Conversion (for example the Conversion price and Conversion date and
the ranking of the Financial Product in relation to other Classes of
Financial Product) or the Option (for example, the exercise price and
exercise date) N/A
Reason for issue and specific authority for issue (the reason for change must
be identified here) Issue of Shares pursuant to Summerset's Employee Share
Purchase Scheme; Director's resolution dated 17 June 2019
Total number of Financial Products of the Class after the issue (excluding
Treasury Stock) and the total number of Financial Products of the Class held
as Treasury Stock after the issue. 225,899,658 Ordinary Shares (nil held as
treasury stock)
In the case of an acquisition of shares, whether those shares are to be held
as treasury stock N/A
Specific authority for the issue including a reference to the rule pursuant
to which the issue is made Directors' resolution dated 17 June 2019,
permitted under listing rule 4.6.1
Terms or details of the issue (for example: restrictions, escrow
arrangements) Issue of 148,400 Shares pursuant to the terms of the
Summerset's Employee Share Purchase Scheme
Date of issue 22/07/2019
Section 3: Authority for this announcement and contact person
Name of person authorised to make this announcement Leanne Walker
Contact phone number 04 894 7361 or 029 770 8189
Contact email address leanne.walker@summerset.co.nz
Date of release through MAP 22/07/2019
End CA:00337909 For:SUM Type:SECISSUE Time:2019-07-22 08:47:54
Click here
to view related attachments.
