CONVERTIBLE SECURITIES

Press, 29 August 1984, Page 37

CONVERTIBLE SECURITIES

Tuesday, August 28, 1984

9 Do not participate in bonus Issues. a Earliest of optional conversion dates. b Half convert for cash (190 c or ords 1:1 on 31.3.87, or all on same terms on 31.3.89. d Cash at par or convert one-third of holdings on 1.4.87 or one-half on 1.4.89, balance on 1.4.91. . . u e Convert at 81.5 per cent of then market value of the ords, f Final conversion date. g Cash or convert half the difference between par and market values at 1.4.87, 1988 or 1989. k Adjusted for issues. m Exercise price.

RISES New Zealand

Share Quotes Last Sale Int Rate Maturity Date Conversion Terms Yld on Int Boy Sell All. Tex. 50c pf . . . 130 - 120 12.00 1.8.87 9:8 5.0 Aurora 50c nts... . — — 630 14.00 1.10.84 2.64:1 1.1 CPD 300c pf — — 500 15.00 30.9.89 cl:l 9.0 CFM 100c pf Ceramco 100c pf. . . 320 350 340 12.00 1.9.84 a99:100 3.5 — — 100 16.00 1.4.88 cash 16.0 Chase 60c opts .... — — 215 — 30.9.85 m 20c — Clypex 100c pf. . . . — — 85 12.00 1.10.83 al:l 14.1 Clypex 100c pf. . . . 23 — 24 17.50 1.11.87 al:l 72.9 Clypex opts CMI 190c pf Cory Wright 100c pf 210 - 19 240 15.00 30.11.88 31.3.87 m25c bkll:10 11.8 — — 220 16.25 30.4.87 1:1 7.3 Crusader opts 6 — 7 — 30.6.88 m25c — Cue 1c opts 4 5 5 — 30.6.85 m par — DIC 100c pf — — 144 12.00 1.8.84 1:1 8.3 D Wallace 80c pf . . — — 125 17.00 31.10.89 cl:l 10.8 D Wallace 65c nts. . — — 110 12.00 31.10.84 1:1 7.0 Dom. Brew. 50c pf . — 150 125 11.00 1.10.83 a4:5 4.4 Donaghy 50c pf. . . . EMCO 100c pf ... . — — 80 15.00 1.4.87 12:25 9.3 — 170 150 16.00 1.4.87 dk33:5O 10.6 Equiticorp 50c pf . . FTC 150c pf 42 44 42 290 13.50 17.00 31.5.89 30.9.89 cash ck5:2 16.0 8.7 Feltex 125c pf ... . — — 230 16.00 1.7.86 akll.10 8.6 FCL 220c pf — — 440 16.00 30.6.88 2:1 8.0 FCL 100c pf® ... . — — 115 15.00 5.1.86 e opt'n 13.0 Goodman 50c pf. . . — — 570 14.00 30.9.88 k9:5 12 HB Tpt 100c pf .. . — — 220 16.00 1.4.87 a4:5 72 Horizon opts 5 6 6 — 30.9.86 m par — Hortic opts 37 50 38 — — — — Huttons 100c pf . . . — — 230 11.50 14.10.84 al:l 5.0 J Smith 50c pf. . . . — — 105 14.00 30.11.85 a4:5 6.6 J Smith 80c pf. . . . — — 125 17.50 30.11.88 al:l 11.2 Kingsgate 50c pf. . . — — 55 12.00 31.10.84 1:1 10.9 Kingsgate 50c pf. . . — — 55 12.50 1.11.84 1:1 11.3 Kupe opts 5 6 5 —* 30.9.88 m par — Landmark 25c pf . . 30 — 32 15.00 30.9.88 2:3 11.7 Landmark 5c opts. . — 30 18 — 30.9.85 m40c — Lanes 60c pf — — 60 17.00 31.3.88 al:2 14.1 L D Nathan 150c pf — — 260 15.50 1.9.86 all 8.9 L D Nathan 250c pf — 355 355 18.00 1.9.89 cl:l 12.6 Lion Brew. 50c pf. . — 230 210 12.00 31.10.84 a9:8 2.8 Lion Brew. 50c pf. . — — 215 10.00 31.7.84 a9:8 2.3 Mainstay opts 9 10 10 — 1.2.86 m50c — Min Res 1c opts. . . — — 10 — — — — M O’Brien 50c pf . . — — 80 15.00 1.12.85 1:1 9.3 Mount Cook 100c pf. 400 — 445 15.00 30.11.86 1:1 3.3 NZ Frm Fert. 100c pf 205 — 210 14.00 31.5.85 1:1 6.6 NZ Frm Fert. 100c pf — — 210 17.00 31.5.90 1:1 8.0 NZI opts 68 70 68 — 30.6.85 aml20c — Northgate opts .... — — 10 — 1.4.87 — — Odlins 50c pf — — 115 13.00 30.9.85 al:l 5.6 Odlins 50c pf — — 105 12.50 31.3.88 f5:6 5.9 Odlins 100c nts. . . . — — 160 15.00 28.2.86 4:3 9.3 Oilfields opts 3 5 4 — 30.9.88 m par — Petro Tar opts. . . . — — 3 — 30.6.88 m par — Repco 120c nts. . . . Root Jones opts . . . — — 145 17.00 30.6.87 a703:500 14.0 — — 55 — 2.4.87 m50c — Rothmans 125c pf. . — — 200 15.50 30.6.87 k7:6 9.6 Sthn Pet opts 3 — 4 — 30.9.88 m par — SCM 125c pf — — 380 16.00 31.10.87 1:1 5.2 Sovereign opts .... — — — — 30.6.86 m25c — Teltherm 100c pf . . — — 260 14.00 16.12.88 1:2 .0 Tpt NC 100c pf . . . 190 — 200 15.00 1.6.85 1:1 7.5 DEB 50c pf — — 135 12.00 1.4.85 akll:10 4.4 UEB 50c pf — 100 90 15.00 1.4.86 ak33:50 8.3 Utd Res. opts — 10 — 30.6.87 m50c — Waikato Stud opts. . Waitaki NZR 100c pf 15 — 17 — — — — — 300 380 11.50 2.10.84 1:1 3.0 Wattie 50c pf — — 380 12.50 31.7.83 ak3:4 1.6 Wattle 105c pf . . . . —- 375 365 16.00 30.6.88 k9:8 4.6 Westbridge 50c pf. . — — 100 16.00 31.3.87 1:1 8.0 Winstone 50c pf . . . — — 90 16.00 1.4.87 agl:l 8.8 Yates 100c pf - - 145 12.00 1.12.84 a4:5 8.2

Price Varin c c Alcan 270 5 Allflex 370 5 A M Bisley . . . . 185 5 Andas........ 185 3 Brierley 430 4 CPD 513 5 pf 500 25 Carbordum 120 2 Cavalier 193 1 CBA Fin 390 5 Chemby 155 10 Clypex opts . . . . Collwood 9 110 1 10 Cons Ent 28 1 Cooks 60 2 Dalgety 147 1 DIC 152 2 Donaghys 170 2 East Gas 172 2 E Adams 440 10 First Cty ctb . . . 63 1 Fletcher 264 1 ctb 203 3 Frtways 138 8 Genestock 122 2 Golden Bay . . . . 52 2 ICI NZ 410 5 J Smith 14pc pf . 105 5 J Edmond 245 5 Kidd Garr 60 5 Landmark 46 1 LWR 110 2 Mainstay opts. . . 10 2 Montana 132 2 NZ Forest 330 5 ctb 222 7 NZ Salmon . . . . 175 5 NZ Steel 240 5 Odlins 140 5 Otago PP 440 5 Perry D 102 2 Radio Avon . . . . 103 3 Revertex 220 5 Rothmans 190 5 Salmond 385 5 Skellerup 178 6 Smith Bio 235 13 Taylors Teltherm 350 5 58 2 TNL Grp 262 2 Viko 145 5 Waik Stud 50 1 opts.. 17 2

W HaU ss 600 50 Will Prop 128 2 W Horton 615 10 Winstone 188 1 Cue Energy opts. 5 . 1 Horizon opts. . . . 6 1 Kupe ctb 16 I L and M 52 2 Sthn Pet ctb . . . 8 1 opts 4 1 FALLS New Zealand Price Var’n c c Abacus 125 3 Apparel Baker 195 150 5 2 Barclay NZ . . . . 320 5 Bramco. 45 2 C Holt ....... 310 2 Charter 160 2 Com Sec * 50 1 Dingwall P . . . . FTC 320 115 10 2 Feltex 230 18 Fletcher 15pc pf. 112 3 Fleur 62 3 Fortuna 98 2 Goodman 275 3 Hort Ind opts. . . 38 2 JH Impey 320 5 Jarden 570 80 J Burns 200 5 Lusteroid 2055 NZIG 350 5 NZI Corp 149 1 opts 68 2 Prog Ent 298 2 Repco NZ 125 1 Smith Mkt 440 5 pf 380 10 TAG 95 5 UEB 152 1 Vishire 120 5 Wattie 312 3 Coal Energy. . . . 18 1 Crusader 19 1 opts 7 1 Overseas BHP 1980 40 ss share split