Issue of Securities
| SDL | 0.260 |
(+0.00%) |
Market Announcement
Type:ALLOT
Issue of Securities - Solution Dynamics Limited
(Per NZAX Listing Rules 7.11.1)
Description Information
Class of security and ISIN Ordinary shares - NZSDLE0001S8
Number of shares issued 420325
Nominal value and issue price n/a - $0.375 per share
Payment in cash Yes
Amount paid up $0.375 per share
Percentage of total class of securities issued 4.4%
Reason for capital raising Requirement for further capital to
fund business
Authority for issue Approved by resolution of directors of SDL
dated 1 August 2008 pursuant to s.42 of the Companies Act 1993.
Terms or details of issue n/a
Total number of shares on issue after the issue 9920325
Shares to be held at Treasury Stock No
Date of issue 4 September 2008
