Notice of Financial Assistance
TEL +64 9 927 4700 PO Box 305 394
FAX +64 9 927 4701 Triton Plaza, North Shore 0757 Page 1
FREE 0800 4-EROAD Auckland, New Zealand eroad.co.nz
Provision of Financial Assistance
25 September 2018
EROAD Limited (EROAD) (NZX:ERD) gives notice under section 80(1)(b) of the Companies Act 1993 (the
Act) that it has given financial assistance in accordance with section 80 of the Act by way of providing loans
to certain employees of EROAD to fund the purchase of shares in EROAD from EROAD LTI Trustee Limited
pursuant to EROAD’s long term incentive plan.
The details of the financial assistance provided by EROAD are as follows:
1 financial assistance was provided for the purchase of 280,433 ordinary shares in EROAD;
2 the consideration paid or payable for the shares was $2.1226 per share;
3 the persons receiving financial assistance were Steven Newman, Jarred Clayton, Tony Warwood,
Ken Creager, Mark Heine and Georgina Simmons (being employees of EROAD); and
4 the financial assistance was provided by way of interest free loans to the relevant employees, which
in aggregate totalled $595,247.09.
ENDS
Contact: Steven Newman, Chief Executive Officer on +64 9 9274747. For more information about EROAD
visit our website www.eroad.com
Data sourced from publicly available filings. Our datasets may not be complete. Automated analysis can produce errors. If you believe any data on this page is incorrect, please contact us at hello@nzxplorer.co.nz. For informational purposes only. Not investment advice.
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