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Announcement

ALLOT: FRE: Shares Issued for Freightways Employee Share Plan

13 Sep 2016 16:13NZX
FRE ALLOTMENT & APPLICATION FOR QUOTATION OF SECURITIES

Notice from Freightways Limited pursuant to Listing Rule 7.12.1

Pursuant to Listing Rule 7.12.1 please be advised as follows:

(a) Class of Security: Freightways Limited ordinary shares ISIN:
NZFREE0001S0.

(b)  Number of Securities issued: 50,000.

(c) Issue price: $6.13 per share

(d) Payment: Consideration for the issued shares was cash.

(e) Amount paid up: Fully paid.

(f) % of the total class of securities issued: 0.03% of the shares on issue
(including these new shares).

(g) Reason for issue: Allotment of shares to Freightways Trustee Company
Limited, as trustee of the Freightways Employee Share Plan (the ''Share
Plan''), in satisfaction of acceptances of an offer made to employees to
participate in the Share Plan.

(h) Specific authority for issue: Board resolution.

(i) Terms or details of issue: The issued shares rank equally with other
fully paid ordinary shares on issue.

(j) Total number of securities of the class in existence after the issue:
154,938,225.

(k) Treasury stock (acquisition only): Not applicable.

(l) Date of issue: 13 September 2016.

ENDS

For further information please contact
Dean Bracewell, Managing Director, Freightways Limited, +64 9 571 9670
End CA:00288928 For:FRE    Type:ALLOT      Time:2016-09-13 16:13:17
Views: 184
Freightways Limited
 7.680 Change:
0.03
0.39%
 
Open:7.710 
High:7.710 
Low:7.710 
Volume:2,864 
Last Traded:07/02/18 09:12:54 
Bid:7.680 
Ask:7.680 
52-Wk High:8.190 
52-Wk Low:6.750