Monday 9th October 2023 |
Text too small? |
New Zealand King Salmon Investments Ltd (NZX & ASX: NZK) announces that the put option granted to Grant Rosewarne will remain available for exercise until 28 February 2024.
NZK announced on 1 November 2022 that, in connection with Mr Rosewarne’s resignation, the company had agreed to grant Mr Rosewarne a put option in connection with certain long term incentive plans for the purpose of repaying a loan owed by Mr Rosewarne to the company in relation to the acquisition of certain shares held by a family trust associated by Mr Rosewarne. The put option was initially approved for a 12 month period.
As the put option has not been exercised within 12 months of 1 November 2022, a further disclosure document for the purposes of section 61 of the Companies Act 1993 to facilitate the exercise of the put option on the terms disclosed on 1 November 2022 accompanies this announcement and will be sent to all shareholders shortly.
Authorised by:
Board of Directors of New Zealand King Salmon Investments Ltd
Ends
No comments yet
Second St John withdrawal of labour takes effect tomorrow with further strikes likely
Sanford Appoints Independent Director
CRP ADVISES CLOSURE OF SHARE OFFER TO EXISTING INVESTOR
Devon Funds Morning Note - 14 August 2024
OCR 5.25% - Monetary restraint tempered as inflation converges on target
Consumers still need due diligence as new deposit takers emerge.
Woolworths strike: staff asked to dress up in Disney costumes for a week on their own dollar
Turners Invests in Quashed Online Insurance Platform
PGW Reports on Challenging Year
Arvida Announces Executive Team Changes