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-hall 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 value." 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 ir prospectus. q 70 p.c. of weighted average price for July, 1988.
Share Last Sale Conversion Date Conversion Terms Carter opts 95 1.4.90 300c Chase 60c opts 450 30.9.85 m 20c Clypex opts 15 30.11.88 m 25c Crown opts 60 1.12.89 m par Euro-Nat opts 132 15.8.88 9 Gen. Prop opts 65 1.4.87 Grocorp opts 27 31.3.87 p 50c Horizon opts Hortic opts Kaurex opts 34 32 15 30.9.86 m par Kiwifruit opts 11 1.3.88 m par Kupe opts 24 30.9.88 m par Mainstay opts Min Res 1c opts 19 5 1.2.86 am 50c Landmark 20c opts NZ Equit opts 32 400 30.9.85 40c NZI opts 142 30.6.85 am 120c Nthland FM opts Northrop opts 30 18 1.7.87 m 50c Oilfields opts 12 30.9.88 m par Petro Tar opts Premier opts 14 8 30.6.88 m par Queenstown opts Rainbow opts Regina opts 32 270 80 1.6.87 50c Robt Jones opts 150 2.4.87 m 50c Sovereign opts 3 30.6.86 m 25c Spectrum opts 21 14.6.88 m 25c Sthn Pet opts 8 30.9.88 m par Tag opts Utd Res opts Venture Corp opts Waikato Stud opts 30 10 17 26 30.6.87 m 50c Westbridge opts 40 31.12.88
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Bibliographic details
Press, 18 December 1985, Page 41
Word Count
303Options Press, 18 December 1985, Page 41
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Acknowledgements
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