Stride Property Group – Notification of Issue of Securities

Stride Property Group – Notification of Issue of Securities

NZX Announcement IMMEDIATE — 29 May 2018

 

Stride Property Group – Notification of Issue of Securities

 
For the purposes of Listing Rule 7.12.1 of the NZX Main Board Listing Rules, Stride Investment Management Limited (SIML) and Stride Property Limited (SPL, together with SIML, Stride) advises the following securities have been issued pursuant to the issuer’s listing:

a) Class of security:Ordinary Shares in each of SPL and SIML.
ISIN: NZSPGE0001S2.
b) Number issued: 307,522.
c) Issue Price: Nil.
d) Payment terms: N/A.
e) Amount paid up: Fully paid.
f) Percentage of total class issued: 0.08% of the total shares on issue.
g) Reason for issue: Pursuant to employee incentive share scheme entitlements.
h) Authority for issue: Board resolutions dated 28 July 2017 and 25 May 2018.
i) Terms of issue: The shares will rank equally in all respects with existing ordinary shares of each of Stride and SIML at the date on which they are issued.
j) Total number of securities after issue: 365,296,799.
k) Treasury stock: Nil.
l) Date of issue: 29 May 2018.

 


 
For further information please contact:
Tim Storey, Chairman, Stride Investment Management Limited / Stride Property Limited
Mobile: 021 633 089 – Email: tim.storey@strideproperty.co.nz

Philip Littlewood, Chief Executive Officer, Stride Investment Management Limited
DDI: 09 913 1122 – Mobile: 021 230 3026 – Email: philip.littlewood@strideproperty.co.nz

Jennifer Whooley, Chief Financial Officer, Stride Investment Management Limited
DDI: 09 913 1150 – Mobile: 021 536 406 – Email: jennifer.whooley@strideproperty.co.nz

Louise Hill, General Manager Corporate Services, Stride Investment Management Limited and Company Secretary of Stride Property Group
DDI: 09 976 0352 – Mobile: 0275 580 033 – Email: louise.hill@strideproperty.co.nz

A Stapled Security of the Stride Property Group comprises one ordinary share in Stride Property Limited and one ordinary share in Stride Investment Management Limited. Under the terms of the constitution of each company, the shares in each can only be transferred if accompanied by a transfer of the same number of shares in the other.

Stapled Securities are quoted on the NZX Main Board under the ticker code SPG. Further information is available at www.strideproperty.co.nz or at www.nzx.com/companies/SPG.

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