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. r Anytime before 31.03.91.
Share Last Sale Conversion Date Conversion Terms Ajax 100 30.6.98 185c Amstrat Apple Fields 78 50 30.9.91 50c Arahi 32 79c Areco 9 30.06.88 30c Australis 17 31.3.88 50c Baycorp 505 1.7.88 100c Bexley 260 31.03.88 300c Bowen Carter 500 250 al.4.90 300c Chase c . 345 31.3.91 500c Clypex . . . : 32 30.11.88 m 25c Crown. 105 1.12.89 10:11 at par Euro-Nat 600 al5.8.88 9 Gen. Prop 200 1.4.87 100c Grocorp 35 31.3.87 p 60c Heritage . 17 50c Hortic 24 1.8.86 100c Kaurex 40 al.12.90 50 Landmark 20c 120 30.9.90 4:5 at 40c Leverage Luxoil. . ... . 25 20 31.3.89 25c Min Res 40 31.3.88 60c Miniskip NZ Equit 74 800 a31.3.87 1:2.5 at 150c NZ Steel. . . 10 1.10.87 150c Nthland FM 50 1.7.87 m 50c Northrop. . . Oilfields 18 11 ■ 30.9.88 m par Omnicorp 120 31.3.91 50c Paladin. 80 31.3.88 2:1 at 50c Premier : 10 31.3.88 25c Queenstown 115 1.6.87 80c Rainbow 525 1.8.86 25:37 at 40c Robt Jones 50c 1350 2.4.87 6: at 6c Smart Group 14.10.88 100c Spectrum 40 30.6.88 m 25c Sthn Pet 11 30.9.88 35 Tag 600 30.6.87 3:4 at 60c TuFwest .'. . . 200 31.6.89 100c Utd Res 10 30.6.87 m 50c Venture Corp 42 30.6.88 50c Waikato Stud 8 31.5.87 50c Westbridge 20c 55 31.12.88 40c Will Prop 50c 130 29.6.88 50c
Permanent link to this item
https://paperspast.natlib.govt.nz/newspapers/CHP19870204.2.161.31
Bibliographic details
Press, 4 February 1987, Page 41
Word Count
336Options Press, 4 February 1987, Page 41
Using This Item
Stuff Ltd is the copyright owner for the Press. You can reproduce in-copyright material from this newspaper for non-commercial use under a Creative Commons BY-NC-SA 3.0 New Zealand licence. This newspaper is not available for commercial use without the consent of Stuff Ltd. For advice on reproduction of out-of-copyright material from this newspaper, please refer to the Copyright guide.
Copyright in all Footrot Flats cartoons is owned by Diogenes Designs Ltd. The National Library has been granted permission to digitise these cartoons and make them available online as part of this digitised version of the Press. You can search, browse, and print Footrot Flats cartoons for research and personal study only. Permission must be obtained from Diogenes Designs Ltd for any other use.
Acknowledgements
This newspaper was digitised in partnership with Christchurch City Libraries.