CONVERTIBLE SECURITIES

Press, 9 March 1988, Page 42

CONVERTIBLE SECURITIES

Tuesday,’ March 8, 1988

• 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 198$. 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. s or one month before' bonus or cash issue, at 50c. t lesser of 200 c or 70% of average sales Nov. and Dec. 1989.

Last Int. Maturity Conversion Yld on Share I sale Rate Date Terms Int. Big Glory 25c pf. ?80 17.50 1.11.87 al:l 15.7 CPD 100c pf 92 18.00 30.9.89 cash 19.5 Ceramco 100c pf. . 93 16.00 1.4.88 cash 17.2 CM1 190c pf 86 15.00 31.3.87 bk66:50 15.3 Crown 125c pf ... — 13.00 1.12.88 9.9:10 125 42 13.50 31.5.89 cash 16.0 Feltex 125c pf 305 16.00 1.7.86 akll:10 6.5 Femz 100c pf 230 17.00 31.5.90 1:1 7.3 FCI. 220c nf 1320 16.00 30.6.88 2:1 2.6 HB Tpt 100c pf . . . 140 16.00 1.4.87 a4:5 11.4 J Smith 50c pf. . . . 500 14.00 30.11.85 a4:5 1.4 J Smith 80c pf. . . . ■450 17.50 30.11.88 al:l 3.1 Kingsgate 50c pf. . . 1145 12.00 31.10.84 1:1 4.1 Lakeland 50c pf . . . 1 50 12.50 1.4.91 1:1 12.5 Landmark 25c pf . . 1 32 15.00 30.9.88 748:750 11.7 Lanes 60c pf i 32 17.00 31.3.88 al:2 31.8 L D Nathan 150c pf 388 15.50 1.9.86 al:l 1.6 L D Nathan 250c pf 100 18.00 1.9.89 cl:l 4.0 Leyl. Growth 50c pf. 44 14.00 30.9.89 cash 15.9 London Pac 100c pf. — 14.00 16.12.88 5:1 — Stratcap 50c pf. . . . 46 14.00 — 2:1 15.2 Unigroup 80c pf . . 115 17.00 31.10.89 cl:l 11.8 Last Cdn version Conver sion Share Sale Date Terms Ajax 20 30.6.98 185c Allegra 60 15.3.92 200c Amstrat 1 Apple Fields 32 30.9.91 50c Arahi 15 79c Areco 1 30.06.88 30c Aust Re§,: 2 Australis 1 31.3.88 50c Baycorp 320 1.7.88 100c Bexley .... 20 31.03.88 300c Big Glory 10 30.11.88 m 25c Bowen 100 Cap. Inv .... 5 Carr Bus : 35 1.4.88 1:10 at 100c Carter 18 al.4.9« 300c Cashcorp 2 30.6.89 1:1 at 50c Charter . . L 1 Chase L 17 31.3.91 500c Compass Duty . 18 al.4.90 1:1 at 50c Coronet 1 10 31.7.88 1:1 S Coronet FE 1. 2 Coronet UK 1 Corp Inv [. 45 30.6.91 1:1 at 200 Crown 90 1.12.89 10:11 a par Rnrrav ■ 5 Environ 8 1.4.89 1:1 at 50c Epicorp Euro-Nat .... . 25 35 al5.8.88 9 Fin and Res 1 15.3.90 1:1 at 62c Gold Res i 1 a31.12.88 1:1 at 25c Grocorn ; 10 31.3.87 60c Heritage 25 50c Horner Greenless . 12 1 10.92 1:1 at 100c Inv Fin 2 1.4.94 1:1 at 185 Kaurex 5 al.12.90 50 Landmark 20c 15 30.9.90 4:5 at 40c Tjinpc 5 Leverage 1 Main Corp 15 31.3.90 4:1 at t Min Res 3 31.3.88 60c Miniskip 2 Mut. Pac 100 NZ Equit A 130 a31.3.87 1:2.5 at 150c NZ Equit B 5 31.12.9t 1:1 at 300 NZ Steel 1 1.10.87 150c 70 1.7.87 OHL Corp L 5 20.4.92 2:1 at 150c Oilfields 6 30.9.88 Omnicorp 8 31.3.91 50c Par Sun .... 5 Paladin 4 31.3.88 2:1 at 50c Pharmol . . 35 1.8.88 1:1 at 50c Premier 10 31.3.88 25c Premier 15 31.3.90 1:1 at 25c Prodigal 2 Rainbow 350 1.8.86 25:37 at 40c Rada • . . 1 Rank 3 30.6.89 1:1 at 100c Siama 3 1.4.90 25c Smart Group .... 15 14.10.88 100c Somex 1 31.12.91 1:1 at 50c Spectrum 15 30.6.88 m 25c Sthn Pet .. 1. 2 30.9.88 45 Striker Group. . . . 4 31.3.89 25c Summit 8 Tulwest . . i . 10 31.6.89 100c Venture Corp .... I 5 30.6.88 50c Westbridge 20c.. . . . . 55 31.12.88 40c Woodstock 12 31.12.91 1:1 it 60c