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 L 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 put 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.
Share Last Sale Conversion Date Conversion Terms Ajax 5 30.6.98 185c Allegra 5 15.3.92 200c Amstrat .5 Apple Fields 35 30.9.91 50c Arahi .5 79c , Ararimu . 31.5.93 50c Aust Res 3 Australis 1 31.3.90 50c Bexley 5 31.03.90 300c Bowen 10 Cap. Inv 1 Can* Bus 5 1.4.88 1:10 at 100c Carter 30 al.4.90 300c Cashcorp .1 30.6.89 1:1 at 50c Ceres Pac 4 30.11.88 mlOOc Charter 3 Chase 17 31.3.91 500c Compass Duty 18 al.4.90 1:1 at 50c Coronet. . . 10 31.7.88 1:1 S Coronet FE 4 Coronet UK 2 Corp. Inv 70 30.6.91 1:1 at 200 Crown 90 1.12.89 Environ 3 1.4.89 1:1 at 50c Epicorp Euro-Nat 2 50 al5.8.88 9 Fin and Res 2 15.3.90 1:1 at 62c Gold Res 2 a31.12.88 1:1 at 25c Grocorp 6 31.3.87 Heritage 3 50c Horner Greenlees 15 1.10.92 1:1 at 100c Inv. Fin 1 1.4.90 1:1 at 185 Kaurex 1 al.12.90 50 Landmark 20c ...... 4 30.9.90 4:5 at 40c Leverage 7 Main Corp 15 31.3.90 4:1 at t Min Res 2 31.8.88 60c Mut. Pac 60 NZ Equit A 110 a31.3.87 1:2.5 at 150c NZ Equit B 3 31.12.90 1:1 at 300 NZOG 20 31.3.89 1:1 at 50c NZ Steel 1 1.10.87 150c Normedia 15 1.7.87 m 50c OHL 'Corp 5 20.4.92 2:1 at 150c Oilfields 10 30.9.88 m par Omnicorp 10 31.3.91 50c Paladin 2 31.3.88 1:1 at 50c Pan Austral 1 Premier 1 . 31.3.90 1:1 at 25c Prodigal . •. 1 Rainbow 350 1.8.86 ■ 25:37 at 40c Rada 1 Rank 3 30.6.89 1:1 at 100c Richmond Smart. . 10 14.11.88 1.6:1 at 100c 2 14.90 25c Somex 4 30.6.88 m 25c Sthn Pet 1 30.9.88 45 Striker Group 3 31.3.89 25c Summit 5 Tulwest 8 31.6.89 100c Westbridge 20c 55 31.12.88 40c Woodstock 9 31.12.91 1:1 at 60c
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Press, 24 August 1988, Page 40
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446Options Press, 24 August 1988, Page 40
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