In accordance with NZX Main Board Listing Rule 7.12.1, Gentrack Group Limited (Gentrack) advises that the following Gentrack securities have been issued today:
Class of Security: | Ordinary shares in Gentrack (Shares) |
ISIN: | NZGTKE0002S9 |
Number issued: | 1,459,371 |
Issue price: | NZ$3.65 per share |
Payment: | £3 million (NZ$5,326,704.15) |
Amount paid up (if not in full): | Fully paid ordinary shares |
Principal terms of the Securities: | All shares rank equally with existing Shares |
Percentage of the total Class of Securities issued: | 1.7% (post-allotment) |
Reasons for issue: | Shares issued to Junifer founders / executives (Recipients) pursuant to subscription agreement. |
Specific authority for issue: | Board resolution dated 28 March 2017 |
Terms or details of issue: | The Shares issued will be credited as fully paid, and rank in all respects equally with the ordinary shares on issue.
The Recipients are required to hold the Shares for a minimum of two years, subject to limited exceptions. |
Total number of Securities of the Class in existence after the issue: | 83,697,254 |
Treasury stock: | Not applicable |
Date of issue: | 1 April 2017 |