Monday, 22 December 2014

Announcement

GENERAL: KMD: KMD - Notification of Performance Rights

19 Dec 2012 12:48NZX
KMD - Notification of Performance Rights
19 December 2012
Market Information Services Section
New Zealand Exchange Limited
Wellington

NOTIFICATION OF PERFORMANCE RIGHTS

For the purposes of Listing Rule 7.12.1 of the NZSX Listing Rules, Kathmandu
Holdings Limited advises the following performance rights have been issued:
a) Class of securities:   Performance rights to ordinary shares pursuant to
Kathmandu Holdings Limited Long Term Incentive Plan
ISIN:  ISIN NZKMDE0001SE
b) Number of securities issued:  Performance rights in respect of 104,403
ordinary shares
c) Nominal value:   Not applicable
Issue price: Nil, pursuant to Kathmandu Holdings Limited Long Term
Incentive Plan
d) Payment in cash?  No. The performance right to be allocated ordinary
shares
in Kathmandu Holdings Limited is subject to satisfaction of certain
performance conditions with regards to Earnings Per Share and Total
Shareholder Returns.
e) Amount paid up:  Nil
f) Percentage of total class issued: 0.05%
g) Reason for issue:  Issue of performance rights to selected Executive
employees to be allocated ordinary shares in the company upon the
satisfaction of certain conditions
h) Specific authority for the issue:  Resolution at Annual General Meeting of
shareholders dated 24
November 2010 and resolution at Annual General Meeting of shareholders dated
16 November 2012.
i) Terms or details of the issue:
i. The holder has the right to be issued Ordinary Shares vesting on 31 July
2015 provided the employee remains in employment with the company to that
date.
ii. The number of performance rights that vest will depend on Kathmandu
Holdings Limited''s performance over the 12 months ending 31 July 2013
assessed against financial performance targets (EBITDA).
iii. Performance rights will lapse where the performance conditions are not
met.
iv. Performance rights will lapse where the holder ceases to be employed by
the Kathmandu Group as at 31 July 2013
j) Total number of securities of
the class after issue: 229,678 Performance Rights - Kathmandu Holdings
Limited Long Term Incentive Plan
221,920 Performance Rights - Kathmandu Holdings Limited
Long Term Incentive Plan
380,289 Performance Rights - Kathmandu Holdings Limited
Long Term Incentive Plan
365,412 Performance Rights - Kathmandu Holdings Limited Long Term Incentive
Plan
k) Treasury Stock:   Not applicable
l) Date of issue:   19 December 2012

Mark Todd
Company Secretary
End CA:00231367 For:KMD    Type:GENERAL    Time:2012-12-19 12:48:29
Views: 203
Kathmandu Holdings Limited
 2.780 Change:
0.01
0.36%
 
Open:2.800 
High:2.800 
Low:2.760 
Volume:1,025,887 
Last Traded:19/12/14 00:00:00 
Bid:2.780 
Ask:2.800 
52-Wk High:4.050 
52-Wk Low:2.720