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 Baycorp opts 440 1.7.88 ' 100c Carter opts . 220 1.4.90 300c Clypex opts 60 30.11.88 m 25c Cobex opts 115 31.03.88 300c Crown opts Euro-Nat opts 90 280 1.12.89 15.8.88 m par Gen. Prop opts 100 1.4.87 100c Grocorp opts 25 31.3.87 p 60c Hortic opts 20 1.8.86 100c Kaurex opts 28 al.12.90 50 Kiwifruit opts 10 30.6.87 m par Landmark 20c opts 110 30.9.90 40c Luxoil opts 7 31.3.89 25c NZ Equit opts 495 a31.3.87 150c NZ Steel opts 5 1.10.87 150c Nthland FM opts 30 1.7.87 m 50c Northrop opts 18 Oilfields opts 19 30.9.88 m par Petro Tar opts 13 30.6.88 30c Premier opts 15 31.3.88 25c Queenstown opts 135 1.6.87 60c Rainbow opts 780 1.8.86 40c Robt Jones 50c opts 590 2.4.87 m 50c Spectrum opts Sthn Pet opts 32 14.6.88 m 25c 14 30.9.88 35 Tag opts Utd Res opts 400 30.6.87 60c 15 30.6.87 m 50c Venture Corp opts Waikato Stud opts 70 30.6.88 50c 17 31.5.87 50c Westbridge 20c opts Will Prop 50c opts ....... 55 31.12.88 40c 170 29.6.88 50c
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Bibliographic details
Press, 23 July 1986, Page 41
Word Count
307Options Press, 23 July 1986, Page 41
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