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 Ajax 100 30.6.89 185c Carter opts 250 1.4.90 300c Clypex opts 42 30.11.88 m 25c Cobex opts 130 31.03.88 300c Crown opts Euro-Nat opts 80 235 1.12.89 15.8.88 m par Gen. Prop opts 70 1.4.87 100c Grocorp opts 26 31.3.87 p 60c Hortic opts 23 1.8.86 100c Kaurex opts 21 al.12.90 50 Kiwifruit opts Landmark 20c opts 10 30.6.87 m par 100 30.9.90 40c Luxoil opts 7 31.3.89 25c NZ Equit opts 495 a31.3.87 150c NZ Steel opts 6 1.10.87 150c Nthland FM opts Northrop opts 30 18 1.7.87 m 50c Oilfields opts 8 30.9.88 m par Petro Tar opts 11 30.6.88 30c Premier opts 9 31.3.88 25c Queenstown opts 125 1.6.87 60c Rainbow opts 800 1.8.86 40c Robt Jones 50c opts 560 2.4.87 m 50c Spectrum opts 24 14.6.88 m 25c Sthn Pet opts 15 30.9.88 35 Tag opts Uta Res opts 260 30.6.87 60c 5 30.6.87 m 50c Venture Corp opts 65 30.6.88 50c Waikato Stud opts 11 31.5.87 50c Westbridge 20c opts 55 31.12.88 ' 40c Will Prop 50c opts 140 29.6.88 50c
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Bibliographic details
Press, 2 July 1986, Page 39
Word Count
302Options Press, 2 July 1986, Page 39
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