Ongoing Disclosure Notice
Section 19T(2), Securities Markets Act 1988
A Details of director or officer
Name of director or officer of public issuer: Ross Jenkins
Name of public issuer: Xero Limited
Name of related body corporate (if applicable):
Position held in public issuer: CFO
B Securities in public issuer or related body corporate to which this disclosure relates
Number, class, and type of securities: 255,192 ordinary shares after the transaction
C Nature of relevant interest and name of registered holder
Nature of relevant interest in securities: (a) Legal ownership of 236,364 ordinary, (b) beneficial ownership of 18,828 ordinary shares in Xero Restricted Share Plan.
Name of registered holder of securities: (a) Ross Jenkins (b) Xero Trustee Limited
D Details of acquisitions and disposals
If the relevant interest was acquired—
Date of acquisition: 14 December 2011
Consideration paid for acquisition: $540,000.00 for 196,364 shares at an average price of $2.75 per share
If the relevant interest was disposed of—
Date of disposal:
Consideration paid for disposal:
Type of transaction
Describe the arrangement pursuant to which, or the circumstances in which, the acquisition or disposal took place:
Issue of ordinary shares under the Xero Employee Incentive Share Plan
E Total number of transactions this notice relates to: 1
F Date of last disclosure notice (whether in form 1 or form 2) by director or officer: 24/8/2011
Signature of director or officer:
Date of signature:
Signature of person authorised to sign on behalf of director or officer:
Date of signature:
Name and title of authorised person:
Use this form to disclose all the acquisitions and disposals by a director or officer of a public issuer of relevant interests in securities of the public issuer or of a related body corporate. The disclosure must normally be made within 5 trading days of the first acquisition or disposal disclosed in this notice.
Provide the information required under headings C and D for each type of security identified under heading B.
This notice must be signed either by the director or officer making the disclosure, or by a person authorised by the director or officer to sign on his or her behalf.