CONVERTIBLE SECURITIES

Press, 9 July 1986, Page 39

CONVERTIBLE SECURITIES

Tuesday, July 8, 1986

OPTIONS

0 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. • 1 q 70 p.c. of weighted average price for July, 1988.

Share Last Sale Int Rate Maturity Date Conversion Terms Yid on Int All. Tex. 50c pf. . . . . . 120 12.00 1.8.87 9:8 5.0 CPD 300c pf. ’ 500 15.00 30.9.89 cl:l 9.0 CPD 100c pf 85 18.00 30.9.89 cash 21.1 Ceramco 100c pf 80 16.00 1.4.88 cash 20.0 Clypex 25c pf 50 12.00 1.10.83 al:l 6.0 Clypex 25c pf 33 17.50 1.11.87 al:l 13.2 CM*I 190c of 280 15.00 31.3.87 bkll:10 10.1 Cory Wright 100c pf. . . 500 16.25 30.4.87 1:1 3d! Crown 125pf — 13,00 1.12.83 9.9:10 125 Dom. Brew. 50c pf . . . . 230 11.00 1.10.83 a4:5 1.9 Donaghy 50c pf. 100 15.00 1.4.87 1225 75 Equitfcorp 50c pf 42 1150 31.5.89 cash 16.0 FTC 150c pf 495 17.00 30.9.89 ck5:2 5.1 Feltex 125c pf 380 16.00 1.7.86 akll:10 5.2 Femz 100c pf 145 17.00 315.90 1:1 11.7 FCL 220c pf 1000 16.00 30.6.88 2:1 3.5 HR Tpt lOOc pf 215 16.00 1.4.87 a4:5 7.4 Intertasman 50c pf . . . . 50 14.00 30.11.89 12 14.0 J Smith 50c pf 380 14.00 30.11.85 a4:5 1.8 J Smith 80c pf 510 17.50 30.il.88 al:l 2.7 Jedi Corp 100c pf 250 14.00 16.12.88 5:1 5.6 Kingsgate 50c pf 100 12.00 31.10.84 1:1 6.0 Lakeland 50c pf 70 12.50 1.4J1 1:1 8.9 landmark 25c" pf ..... 110 15.00 30.9.88 2:3 34 Lanes 60c of . 70 17.00 31.3.88 al:2 14.5 L D Nathan 150c pf . . . 999 15.50 1.9.86 al:l 25 L D Nathan 250c pf . . . 900 18.00 1.9.89 cl:l 5.0 Leyl. Growth 50c pf. . . . 42 14.00 30.9.89 cash 16.6 Lion Brew. 50c pf 650 12.00 31.10.84 a9:8 J McConnell. . . 70 17.00 1.9.90 2:1 111 M O’Brien 50c pf 28 11.00 1.6.89 1:1 19.6 Mount Cook 100c pf. . . . 240 15.00 30.11.86 1:1 62 Repco 120c nts •300 17.00 30.6.87 a703:5006.8 Rothmans 125c pf 640 15.50 30.6.87 k7:6 3.6 SCM 25c pf . . .* 140 16.00 31.10.87 1:1 14.2 UEB 50c pf 132 12.00 1.4.85 akll:10 4.5 UEB 50c pf 95 15.00 1.4.86 ak33:50 7.8 Unity 80c pf 285 17.00 31.10.89 cl:l 4.7 Wattie 50c* pf 485 12.50 31.7.83 ak9:10 1.2 Wattie i05c*pf 480 16.00 30.6.88 k27:20 3.5 Westbridge 50c pf. . . . . 100 16.00 31.3.87 1:1 8.0 Winstone~50c pf' 75 16.00 1.4.87 agl:l 10.6

Share Last Sale Conversion Date Conversion Terms Ajax 100 30.6.89 185c Baycorp opts 48 1.7.88 100c Carter opts 235 1.4.90 300c Clypex opts 50 30.11.88 m 25c Cobex opts 125 31.03.88 300c Crown opts Euro-Nat opts 85 250 1.12-89 15.8.88 m par Gen. Prop opts 95 1.4.87 100c Grocorp opts 25 31.3.87 p 60c Hortic opts 23 1.8.86 100c Kaurex opts 21 al.12.90 50 Kiwifruit opts 11 30.6.87 m par Landmark 20c opts 105 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 30 1.7.87 m 50c Northrop opts . 18 30.9.88 Oilfields opts 10 m par Petro Tar opts 14 30.6.88 30c Premier opts 10 31.3.88 25c Queenstown opts 135 1.6.87 60c Rainbow opts .. . 800 1.8.86 40c Robt Jones 50c opts 630 2.4.87 Spectrum opts . Sthn Pet opts 24 14.6.88 m 25c 15 30.9.88 35 Tag opts . ' Utd Res opts . .' 350 30.6.87 60c 7 30.6.87 m 50c Venture Corp opts Waikato Stud opts 75 30.6.88 50c 8 31.5.87 50c Westbridge 20c opts Will Prop 50c opts 55 31.12.88 40c 180 29.6.88 50c