What did Savor Limited announce?

Savor Limited (NZX: SVR) filed “Savor share options update” with NZX on 30 August 2021, as an insider disclosure announcement.

From the announcement:“Savor Limited (NZX: SVR) (the Company”), advises that, as a consequence of the recent consolidation of its shares, and following an employee leaving the group since balance date, the Company now has the following unlisted shares options on issue with the terms set out in the Savor Share Option Plan dated 11 February 2015 (as amended) attached (the “Plan”).”
When was it filed?
30 August 2021
Where is the original?
NZX announcement
Savor Limited/Announcement
Savor Limited logo

Savor share options update

Insider Disclosure30 August 2021SVRConsumer Staples

NZX Release

Savor Share Option Plan


30 August 2021


Savor Limited (NZX: SVR) (the Company”), advises that, as a consequence of the recent consolidation of

its shares, and following an employee leaving the group since balance date, the Company now has the

following unlisted shares options on issue with the terms set out in the Savor Share Option Plan dated

11 February 2015 (as amended) attached (the “Plan”). All options are exercisable for $0.63 each, unless

net-settled in accordance with clause 6.4 of the terms of the Plan.


Tranche 1

options

Tranche 1

vesting

date

Tranche 1

expiry

Tranche 2

options

Tranche 2

vesting

date

Tranche 2

expiry

date

Tranche 3

options

Tranche 3

vesting

date

Tranche 3

expiry

date

Total

number of

options

66,668 1-Apr-20 10-Apr-22 66,666 1-Apr-21 10-Apr-23 66,666 1-Apr-22 10-Apr-24 200,000

16,667 2-Oct-20 10-Apr-23 N/A N/A N/A N/A N/A N/A 16,667

N/A N/A N/A 33,334 30-Sep-21 10-Apr-24 33,333 30-Sep-22 10-Apr-25 66,667

45,752 28-Nov-20 28-Nov-21 N/A N/A N/A N/A N/A N/A 45,752


129,087


100,000


99,999


329,086





For questions please contact:

Tim Peat Group CFO

+6421 049 7442

tim@savor.co.nz



About Savor


Savor Limited (NZX: SVR), is a holding company for Savor Group Limited, established in 2011, one of New

Zealand’s largest hospitality businesses with 10 iconic venues in Auckland, including Azabu Ponsonby,

Azabu Mission Bay, Ebisu and Non Solo Pizza, each with its own unique concept, culture and offering. In

April 2021, Savor’s wholly-owned subsidiary Amano Group Limited acquired the business and assets of

iconic Auckland venues Amano, Ortolana, and The Store from Hipgroup, bringing further strength and

depth to the Group. Savor has a reputation for originality, the quality of its products and the high

standard of service that is consistent across the company portfolio.

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.