6th September 2019
ASX / NZX Announcement - Notice to NZX & ASX - Notice to NZX & ASX - Capital Change Notice LR3.13.1
Issue of Restricted Share Rights under the SkyCity Performance Incentive Plan
This notice is given under NZX Listing Rule 3.13.1 and relates to the issue of restricted share rights (“RSRs”) in SkyCity Entertainment Group Limited (the “company”) to participating employees under the SkyCity Performance Incentive Plan in respect of the financial year ended 30 June 2019. Each RSR granted under the SkyCity Performance Incentive Plan confers a right to receive one ordinary share in the company, which will only vest if the relevant employee remains continuously employed by the company (or a company within the SkyCity Group) from the date of issue until 6 September 2020 (in respect of ‘Tranche One’ RSRs) and/or 6 September 2021 (in respect of ‘Tranche Two’ RSRs) (as applicable).
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