Following approval of the NZX 2010 Financial Statements, the NZX Board has today advised CEO, Mark Weldon that 896,264 shares issued under the 2007 CEO Share Plan (“Plan”) have met the requirements for qualification under the Plan. As a result, those shares cease to be restricted and Mr Weldon may take a transfer of those shares.
Attached to this announcement are the following:
1. A Disclosure of Change in Nature of Relevant Interest (SSH) Notice; and
2. An Ongoing Disclosure (D&O Relevant Interests) Notice
both relate to the change in nature of Mr Weldon’s relevant interest in the shares following qualification.
Tane Nominees Limited, the legal owner of the shares issued under the Plan will continue to hold the 896,264 qualified shares until such time as they are transferred to Mr Weldon or his nominee. Following such transfer there will remain 907,082 restricted shares under the Plan, which will still be subject to
qualification criteria. Neither qualification nor transfer of the 896,264 qualified shares or the remaining 907,082 restricted shares will alter the total number of NZX ordinary shares on issue.
At the date of this announcement there are 121,278,396 ordinary shares on issue.
Attachments (3) | SSH - (Mark Rhys Weldon, Tane Nominees Limited) (77 KB) Ongoing Disclosure Notice (Mark Weldon) (113 KB) Qualification under 2007 CEO Share Plan (51 KB) |