Options
3 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 330 30.9.85 m 20c Clypex opts 25 30.11.88 m 25c Crown opts 70 1.12.89 m par Cue 1c oots 2 30.6.85 m par Grocorp opts 20 31.3.87 p 50c Horizon opts Hortic opts 4 35 30.9.86 m par Kupe opts 18 30.9.88 m par Landmark 5c opts 24 30.9.85 m 40c Mainstay opts Min Res 1c opts 16 16 1.2.86 am 50c NZI opts 90 30.6.85 am 120c Northgate opts 40 1.4.87 Nthland FM opts 13 1.7.87 m 50c Oilfields opts 6 30.9.88 m par Petro Tar opts 3 30.6.88 m par Robt Jones opts 68 2.4.87 m 50c Sovereign opts 3 30.6.86 in 25c Spectrum opts 13 14.6.88 m 25c Sthn Pet opts 3 30.9.88 m par Utd Res opts Waikato Stud opts 11 25 30.6.87 m 50c
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Press, 8 May 1985, Page 47
Word Count
250Options Press, 8 May 1985, Page 47
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