Rubicon announces settlement

www.rubicon-nz.com


Rubicon announces settlement


29 March 2019 – Rubicon announced today that its CEO (Luke Moriarty) and CFO (Mark Taylor), have
departed the Company, and that all parties had amicably agreed a settlement in relation to the
finalisation of their roles. Rubicon has agreed to make to Messrs Moriarty and Taylor (in the
aggregate) a cash payment of NZ$100,000 and an allotment of nine million Rubicon ordinary shares.
Four million of these new shares are to be issued on 1 April 2019, with the balance of the issuance and
allotment to be completed by 1 April 2022.
ENDS