ALLOT: KRK: Kirkcaldie & Stains Limited - Issue of Securities

15 Jun 2010 11:18 am

KRK 15/06/2010 ALLOT

REL: 1118 HRS Kirkcaldie & Stains Limited

ALLOT: KRK: Kirkcaldie & Stains Limited - Issue of Securities

Kirkcaldie & Stains Limited - Notice pursuant to Listing Rule 7.12.1

Kirkcaldie & Stains Limited ('Company'), in accordance with NZSX Listing Rule 7.12.1, hereby advises of the relevant details of the ordinary shares allotted today:

Class of Security: Ordinary shares ISIN: NZKRKE0002S5

Number issued: 250,000 ordinary shares

Issue Price: $2.75 per share paid in full in cash

Percentage of Total Class of Securities Issued: 2.5% of the ordinary shares on issue

Reason for Issue: The ordinary shares were issued pursuant to the exercise of options to subscribe for ordinary shares held by the Company's Managing Director.

Specific Authority for the Issue: Board resolution

Total Number of Class of Securities now on issue: 10,250,000 ordinary shares

Issue Date: 11 June 2010

Yours faithfully Kirkcaldie & Stains Limited

Kerrie Cole Company Secretary End CA:00196114 For:KRK Type:ALLOT Time:2010-06-15:11:18:45

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