Saturday, 20 April 2024

Announcement

GENERAL: SPY: Lapse and Expiry of Unlisted Options

14 Jul 2016 15:32NZX
Smartpay Holdings Limited advises that the following unlisted options have
now expired without being exercised:

2,000,000 unlisted Incentive Options December 2017 $0.40
2,000,000 unlisted Incentive Options December 2019 $0.60

These options automatically lapsed, in accordance with the Terms and
Conditions of the Options, on the date falling 3 months after the date on
which Mark Unwin ceased to be an employee of the Company.

The securities remaining on issue are as follows:

Listed

171,752,278 Ordinary shares

Unlisted

Options issued Number of shares over which they are exercisable
Exercise Price per share Expiry date
20,000,000 March 2016 Options 1,000,000 $0.80 31 March 2016
35,000,000 Directors Incentive Options March 2016 1,750,000 $1.00
31 March 2016
10,000,000 Incentive Options March 2017  5,000,000 $0.40 31
March 2017
2,000,000 Incentive Options December 2017 1,000,000 $0.40 31
December 2017
10,000,000 Incentive Options March 2018 5,000,000 $0.60 31 March 2018

2,000,000 Incentive Options December 2019 1,000,000 $0.60 31
December 2019

ENDS

For further information contact:
Rowena Bowman, Company Secretary, Smartpay, + 64 9 442 7769
End CA:00285708 For:SPY    Type:GENERAL    Time:2016-07-14 15:32:06
Views: 127
Smartpay Limited Ordinary Shares
 0.2000 Change:
0.00
0.00%
 
Open:0.2000 
High:0.2000 
Low:0.2000 
Volume:0 
Last Traded:07/02/18 00:20:50 
Bid:0.1750 
Ask:0.2000 
52-Wk High:0.2400 
52-Wk Low:0.1650