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• 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 30.6.98 185c Arahi 79c Baycorp 185 1.7.88 100c Carter 250 al.4.90 300c Clypex 55 30.11.88 m 25c Cobex 150 31.03.88 300c Crown 115 1.12.89 10:11 at par Euro-Nat 370 a!5.8.88 9 Gen. Prop 145 1.4.87 100c Grocorp 24 31.3.87 p 60c Hortic 25 1.8.86 100c Kaurex 45 al.12.90 50 Kiwifruit 11 30.6.87 m par Landmark 20c 140 30.9.90 8:9 Luxoil 7 31.3.89 25c Min Res 30 31.3.88 60c NZ Equit 540 a31.3.87 l:2.5at 150c NZ Steel 6 1.10.87 150c Nthland FM 30 1.7.87 m 50c Northrop 18 Oilfields 9 30.9.88 m par Petro Tar 16 30.6.88 30c Premier 13 31.3.88 25c Queenstown 132 1.6.87 50c Rainbow • 960 1.8.86 25:37 at 40c Robt Jones 50c 585 2.4.87 6.7 at 50c Spectrum 22 30.6.88 m 25c Sthn Pet 18 30.9.88 35 Tae 380 30.6.87 3:4 at 60c Uta Res 30.6.87 m 50c Venture Corp 6J> 30.6.88 50c Waikato Stud 15 31.5.87 50c Westbridge 20c 55 31.12.88 40c Will Prop 50c 170 29.6.88 50c
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Bibliographic details
Press, 3 September 1986, Page 33
Word Count
290Options Press, 3 September 1986, Page 33
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