Options
• 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. c Cash at par or 1:1. 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. 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. p Exercise price may be varied according to rules set out in prospectus.
Share Last Sale Conversion Date Conversion Terms Chase 60c opts 290 30.9.85 m 20c Clypex opts 14 30.11.88 m 25c Cue 1c opts 3 30.6.85 m par Grocorp opts 13 31.3.87 p 50c Horizon opts Hortic opts 4 30 30.9.86 m par Kupe opts 11 30.9.88 m par Landmark 5c opts 25 30.9.85 m 40c Mainstay opts Min Res 1c opts 15 10 1.2.86 am 50c NZI opts 88 30.6.85 am 120c Northgate opts 27 1.4.87 Nthland FM opts 13 1.7.87 m 50c Oilfields opts 5 30.9.88 m par Petro Tar opts 3 30.6.88 m par Robt Jones opts 65 2.4.87 m 50c Sovereign opts 3 30.6.86 m 25c Spectrum opts 12 14.6.88 m 25c Sthn Pet opts 4 30.9.88 m par Utd Res opts Waikato Stud opts 10 25 30.6.87 m 50c
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Bibliographic details
Press, 13 March 1985, Page 36
Word Count
243Options Press, 13 March 1985, Page 36
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