ALLOT: DPC: Dorchester Allotments of Shares and Options

7 Sep 2010 3:03 pm

DPC 07/09/2010 15:03 ALLOT

REL: 1503 HRS Dorchester Pacific Limited

ALLOT: DPC: Dorchester Allotments of Shares and Options

7 September 2010

Dorchester allotments of SHARES and options

For the purposes of NZSX Listing Rule 7.12.1, Dorchester Pacific Limited (NZX: DPC) advises the following securities have been issued on 6 September 2010 pursuant to the resolutions approved at the Dorchester Pacific Limited Annual General Meeting on 6 September 2010: Shares a Class of security Ordinary Shares (DPC) ISIN NZVNLE0001S1 b Number issued 2500000 c Nominal value N/A Issue Price $0.10 per share d Payment terms Cash e Amount paid up Fully paid f Percentage of class of securities 1.42% (post allotment) g Reason for issue CEO remuneration as approved at the Dorchester Pacific Limited AGM on 6 September 2010 h Authority for issue Directors' resolution dated 6 September 2010 i Terms of issue As described in the Notice of Meeting to the Dorchester Pacific Limited AGM j Number of securities in existence after issue 175985867 k Treasury stock N/A l Date of issue 7 September 2010

Options a Class of security Options (DPCOA) ISIN NZDPCE0001S3 b Number issued 2500000 c Nominal value N/A Issue Price Nil on issue. $0.125 per ordinary Dorchester Pacific Limited share on exercise of option between 1 April 2013 and 31 May 2013, with effect from 15 June 2013. d Payment terms N/A e Amount paid up Fully paid f Percentage of class of securities 1.61% (post allotment) g Reason for issue CEO remuneration as approved at the Dorchester Pacific Limited AGM on 6 September 2010 h Authority for issue Directors' resolution dated 6 September 2010 i Terms of issue As described in the Notice of Meeting to the Dorchester Pacific Limited AGM j Number of securities in existence after issue 154807557 k Treasury stock N/A l Date of issue 7 September 2010

Yours faithfully?Dorchester Pacific Limited

Tristram van der Meijden?Company Secretary End CA:00199417 For:DPC Type:ALLOT Time:2010-09-07 15:03:54

More announcements for DPC