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. q 70 p.c. of weighted average price for July, 1988.
Share Last Sale Conversion Date Conversion Terms Carter opts 62 1.4.90 300c Chase 60c opts 450 30.9.85 m 20c Clypex opts 15 30.11.88 m 25c Crown opts 65 1.12.89 m par Euro-Nat opts 100 15.8.88 9 Gen. Prop opts 35 1.4.87 p 50c Grocorp opts 22 31.3.87 Horizon opts 13 30.9.86 m par Hortic opts Kaurex opts 32 15 1.3.88 Kiwifruit opts. 10 m par Kupe opts 22 30.9.88 m par Mainstay opts Min Res 1c opts 12 6 1.2.86 am 50c Landmark 20c NZ Equit opts 23 400 30.9.85 40c NZI opts 130 30.6.85 am 120c Nthland FM opts 30 1.7.87 m 50c Northrop opts 18 30.9.88 Oilfields opts 10 m par Petro Tar opts Premier opts 5 7 30.6.88 m par Queenstown opts Rainbow opts 32 220 1.6.87 50c Robt Jones opts 123 2.4.87 m 50c Sovereign opts 3 30.6.86 m 25c Spectrum opts Sthn Pet opts Tag opts 13 14.6.88 ID 25c 5 28 30.9.88 m par Uta Res opts Venture Corp opts Waikato Stud opts 12 17 21 30.6.87 m 50c Westbridge opts 60 31.12.88
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Bibliographic details
Press, 13 November 1985, Page 54
Word Count
299Options Press, 13 November 1985, Page 54
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