Notification of issue of shares
20 March 2019
NZX Announcement
(NZX Code: SDL)
NZX Alternative Market - Notice pursuant to Listing Rule 7.11.1
For the purposes of NZAX Listing Rule 7.11.1, Solution Dynamics Limited (NZX: SDL) advises the
following securities have been issued and allotted on 19 March 2019.
(a)Class of Security and ISIN:Ordinary shares
(b)Number issued or acquired:80,000
(c)Nominal value and issue price or acquisition price:N/A
(d)Whether payment was in cash:$0.70 per share
(e)Any amount paid up:Fully paid ordinary shares
(f)Percentage of the total Class of Securities issued or
acquired:
0.55%
(g)Reason for the issue or acquisition:Issue of shares following the
exercise of share options
pursuant to Solution Dynamics
Employee Share Option Plan
2014
(h)Specific authority for the issue or acquisition:Board resolution
(i)Terms or details of the issue or acquisition:Effective 20 March 2014 the
Board authorised the issue of
share options to six key staff
members. A further tranche of
options were issued in April
2015 – at an exercise price of
$0.70 per share and which may
be exercised by the participant
(in whole or part) in the period
from 3 years to 4 ½ years from
the date that they are granted.
(j)Total number of Securities of the Class in existence after the
issue or acquisition:
14,639,810
(k)In the case of an acquisition of shares by an Issuer which is a
company registered under the Companies Act 1993, whether
those shares are to be held as Treasury Stock:
N/A
(l)Dates of issue or acquisition:19 March 2019
John McMahon, Chair (+61-(0)410-411 806)
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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