Options
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. c Cash at par or 1:1. , m 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 450 30.9.85 m 20c Clypex opts 23 30.11.88 m 25c Crown opts 80 1.12.89 m par Gen. Prop opts 35 1.4.87 Grocorp opts 25 31.3.87 p 50c Horizon opts 4 30.9.86 m par Hortic opts 30 Kiwifruit opts 14 1.3.88 m par Kupe opts 27 30.9.88 m par Landmark 5c opts 23 30.9.85 m 40c Mainstay opts 13 1.2.86 am 50c Min Res 1c opts 11 NZ Equit opts 280 NZI opts 132 30.6.85 am 120c Nthland FM opts 35 1.7.87 m 50c Oilfields opts . 7 30.9.88 m par Petro Tar opts 4 30.6.88 m par Premier opts 9 Queenstown opts 30 1.6.87 50c Regina 80c opts 115 30.6.88 30c Robt Jones opts 95 2.4.87 m 50c Sovereign opts 3 30.6.86 m 25c Spectrum opts 11 14.0.88 m 25c Sthn Pet opts 4 30.9.88 m par Utd Res opts 15 30.6.87 m 50c Waikato Stud opts 25
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Press, 7 August 1985, Page 36
Word Count
269Options Press, 7 August 1985, Page 36
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