SKYCITY Entertainment Group Limited (SKC) hereby notifies that SKC has
transferred 200,000 ordinary shares held as treasury stock of SKC to meet its
obligation upon the conversion of certain convertible rights.
The total number of shares on issue remains unchanged at 575,114,687.
The following information is supplied pursuant to Listing Rules 7.12.1 and
7.12.9:
-Class of Security: Ordinary shares
-ISIN: NZSKCE0001S2
-Number of Securities issued: 200,000
-Number of convertible rights converted: 200,000
-Number of convertible rights that remain to be converted: Nil
-Issue price: The ordinary shares were issued for nil cash consideration.
-Reason for issue: Conversion of convertible rights issued to Nigel Morrison
on 1 March 2008 pursuant to the terms of Nigel Morrison''s employment
agreement.
-Percentage of the total class of securities issued: 0.035%
-Reason for issue: Pursuant to terms of convertible rights.
-Specific authority for issue: Chief Executive Officer Commencement Grant
Convertible Rights Terms.
-Terms or details of issue: The ordinary shares rank equally with all
existing ordinary shares.
-Total number of securities of the class in existence after the issue:
575,114,687
- Date of issue : 12 March 2010 (with an effective transfer date of 1 March
2010)
End CA:00192422 For:SKC Type:CONV Time:2010-03-12:15:56:15