29 July 2014
Metro Performance Glass Limited IPO Allotment
For the purposes of Listing Rule 7.12.1, Metro Performance Glass Limited (NZX:MPG) advises the following securities have been issued on 29 July 2014:
a Class of security Ordinary shares
b Number issued 185,030,000
c Nominal value Not applicable
Issue Price $1.70
d Payment terms Payable in cash
e Amount paid up Fully paid
f Percentage of class of
The new ordinary shares issued represent 100% of the total ordinary shares on issue.
The total ordinary shares offered to the public pursuant to the initial public offering represent 77.6% of the total ordinary shares on issue.
g Reason for issue 41,361,614 new ordinary shares issued have been allocated to existing shareholders of Metroglass Holdings Limited as part consideration for the shares in Metroglass Holdings Limited.
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The remaining 143,668,486 new ordinary shares issued have been allocated or transferred to the public as part of the initial public offer of shares in Metro Performance Glass Limited.
h Authority for issue Directors’ resolution and entitled person’s consent dated 5 July 2014
i Terms of issue As set out in the prospectus dated 7 July 2014 (as amended by an instrument to amend dated 15 July 2014).
j Number of securities in existence after issue 185,030,000
k Treasury stock Not applicable
l Date of issue 29 July 2014
Chief Executive Officer, Metro Performance Glass Limited