NZX/NZDX - NOTICE PURSUANT TO LISTING RULE 7.12.1 AND 7.12.9
(a) Class of Security and ISIN: Ordinary Shares ISIN NZALF0001S1
(b) Number issued, acquired or redeemed: 870,000
(c) The nominal value and the issue, acquisition or redemption price:
Ordinary Shares issued upon exercise of options; the exercise price for the
exercise of the options was $0.027 per option
(d) Payment in Cash: The exercise price (as set out above) for each option
was paid in cash
(e) Amount paid up: Fully paid up
(f) The principal terms of the Securities (other than for Quoted Securities):
Not applicable
(g) Percentage total of class of securities: 0.5387percent
(h) Reason for issue, acquisition or redemption: Issue of Ordinary Shares
upon exercise of options issued pursuant to the terms and conditions of
Allied Farmers Rural Limited''s issue of Bonds on 13 September 2013 (010
Bonds) .
(i) Specific authority for issue, acquisition or redemption: Board
resolution on issue of 010 Bonds
(j) If Companies Act 1993 registered company - whether shares to be held as
Treasury Stock: No
(k) Total number of securities on issue after issue, acquisition or
redemption: 161,505,350 quoted ordinary shares, and 0 unlisted options
(taking into account the exercise of the 870,000 options referred to above)
(l) If Companies Act 1993 registered company - whether shares to held
as Treasury Stock: No
(m) Date of issue, acquisition or redemption: 5 April 2017
(n) Number of Securities Converted: 870,000 options granted pursuant to
the 010 Bond issue referred to above.
(o) Number and Class of Securities into which they have been Converted:
870,000 quoted ordinary shares
(p) Details of any interest or dividend conditions attaching to
Securities Converted, and allotted upon Conversion: None
(q) Number of Securities of the same class that remain to be Converted:
Nil
Garry Bluett
Chairman
End CA:00299475 For:ALF Type:ALLOT Time:2017-04-05 13:29:30