NZK long term incentive shares – financial assistance
New Zealand King Salmon – Senior Executive LTI Scheme Provision of
Financial Assistance
New Zealand King Salmon Investments Limited (NZKS) (NZX: NZK, ASX: NZK) 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 an employee of NZKS to fund the
purchase of shares in NZKS from NZKS Custodian Limited pursuant to NZKS’s long term incentive
plan.
The details of the financial assistance provided by NZKS are as follows:
1 Financial assistance was provided for the purchase of 37,864 ordinary shares in NZKS;
2 The consideration paid or payable for the shares was $1.41 per share for the relevant
employee;
3 The person receiving financial assistance was Grant Rosewarne; and
4 The financial assistance was provided by way of interest free loans to the relevant employee,
which in aggregate totalled $53,388.24.
ENDS
Andrew Clark
CFO, New Zealand King Salmon
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.
Other issuers discussed similar conditions around this time
Matched by meaning across NZX announcement text, not keywords — based on our semantic index of announcement bodies.
- KFL — Kingfish Limited: KFL – Notice of acquisition of securities 9 August 20192019-08-11
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- KFL — Kingfish Limited: KFL – Notice of acquisition of securities 28 Aug 20192019-08-28
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- KFL — Kingfish Limited: KFL – Notice of acquisition of securities 8 August 20192019-08-08
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