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Notice pursuant to NZX Main Board Listing Rule 7.12.1 - The a2 Milk Company

Market announcements

Notice pursuant to NZX Main Board Listing Rule 7.12.1

March 30, 2015

In accordance with NZX Main Board Listing Rule 7.12.1, The a2 Milk Company Limited (a2MC or Company) advises of the relevant details of the unlisted options to acquire ordinary shares it has issued today.

Class of Security: Options to acquire ordinary shares in the Company

ISIN: Not applicable

Number issued: 5,000,000 options

Issue price: Each option has an exercise price of $0.63

Payment in cash: Not applicable

Amount paid up (if not in full): Not applicable

Percentage of the total class of securities issued: 100%

Reason for issue: The options were issued under the Company’s new Long Term Incentive Plan, to remunerate Mr David Hearn for services to be provided as an executive/director of the Company’s UK subsidiary and an adviser pertaining to the UK and USA

Specific authority for issue: Board resolution pursuant to the Listing Rules

Terms or details of issue: The options will vest in five equal tranches over five years commencing on the first anniversary of the date of grant.

Total number of securities of the class in existence after the issue: 5,000,000 options

Treasury stock (acquisition only): Not applicable.

Date of issue: 30 March 2015
For further information contact:
Geoffrey Babidge
Managing Director
The a2 Milk Company Limited
+61 2 9697 7000

 

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