Options
• Do not participate in bonus issues. a Earliest of optional conversion dates. b Half convert for cash (190 c or ords 1:1 on 31.3.87, or all on same terms on 31.3.89. c Cash at par or 1:1. d Cash at par or convert one-third of holdings on 1.4.87 or one-half on 1.4.89, balance on 1.4.91. e Convert at 81.5 per cent of then market value of the ords. f Final conversion date. g Cash or convert half the difference between par and market values at 1.4.87, 1988 or 1989. k Adjusted for issues. m Exercise price. p Exercise price may be varied according to rules set out in prospectus. q 70 p.c. of weighted average price for July, 1988.
Share Last Sale Conversion Date Conversion Terms Carter opts 110 1.4.90 300c Chase 60c opts 450 30.9.85 m 20c Clypex opts 22 30.11.88 m 25c Crown opts 60 1.12.89 m par Euro-Nat opts 140 15.8.88 9 Gen. Prop opts 40 1.4.87 Grocorp opts 25 31.3.87 p 50c Horizon opts Hortic opts Kaurex opts 50 35 15 30.9.86 m par Kiwifruit opts 11 1.3.88 m par Kupe opts 28 30.9.88 m par Mainstay opts Min Res 1c opts 14 7 1.2.86 am 50c Landmark 20c opts NZ Equit opts 45 390 30.9.85 40c NZI opts 125 30.6.85 am 120c Nthlarid FM opts Northrop opts 30 18 1.7.87 m 50c Oilfields opts 12 30.9.88 m par Petro Tar opts Premier opts 12 13 30.6.88 m par Queenstown opts Rainbow opts Regina opts 40 260 80 1.6.87 50c Robt Jones opts 205 2.4.87 m 50c Sovereign opts 3 30.6.86 m 25c Spectrum opts 27 14.6.88 m 25c Sthn Pet opts 8 30.9.88 m par Tag opts Utd Res opts Venture Corp opts Waikato Stud opts 35 12 17 18 30.6.87 m 50c Westbridge opts 40 31.12.88
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Press, 29 January 1986, Page 35
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303Options Press, 29 January 1986, Page 35
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