ALLOT: PRC: Issue of Securities

9 Mar 2010 2:25 pm

PRC 09/03/2010 ALLOT

REL: 1425 HRS Pike River Coal Limited

ALLOT: PRC: Issue of Securities

ISSUE OF SECURITIES Announcement in terms of listing rule 7.12.1

Please be advised of an issue of securities as follows;

(a) Class of Security - Ordinary Shares (PRC). (b) Number issued - 95,432 (c) The nominal value and issue price - $0.8614 (no nominal value). (d) Payment was in cash. (e) Fully paid shares. (f) The percentage of the total class of securities issued - less than 0.05% (g) The reason for issue - shares sold in accordance with the terms of the Employee Share Ownership Plan (ESOP) rules and the Pike River Coal constitution. (h) The specific authority for the issue - ESOP Plan Rules dated 4 August 2006 (modified 21 January 2008), and Pike River Coal constitution dated 17 October 2005. (i) The terms or details of the issue - rank pari passu with existing ordinary shares. (j) Total number of listed securities in existence after the issue - 347,626,204 Ordinary Shares; Options (2011) 64,281,875. (k) N/a (l) Date of issue - 8 March 2010. End CA:00192270 For:PRC Type:ALLOT Time:2010-03-09:14:25:26

More announcements for PRC