6 October, 2016
The Manager
Companies Announcements Office Australian Securities Exchange
Dear Sir/Madam,
Share issue
The Board would like to thank the shareholders and visitors that attended yesterday's Annual General Meeting (AGM).
In accordance with the Performance Rights Plan dated 18 January 2016, the $15.00 VWAP and other conditions have been met, as a result the following shares have been issued to Directors on 5 October 2016:
|
Director
|
Number of shares issued
|
Total number of shares held (1)
|
Total % of shares held
|
|
John Sergeant
|
35,000
|
142,040
|
7.94%
|
|
Paul McKenzie
|
11,667
|
160,027
|
8.95%
|
|
Graham Holdaway
|
11,667
|
49,034
|
2.74%
|
|
Shauna Black
|
11,667
|
18,334
|
1.02%
|
|
Total
|
70,001
|
369,435
|
20.65%
|
(1) Shares held directly or indirectly by the director and associates, including shares issued on October 206 under the Performance Rights Plan.
The attached Appendix 3Y for each director provides further details of the Directors' interests. Yours faithfully
Ms Vicky Allinson Company Secretary
79 Angas Street, Adelaide SA 5000
T (08) 8227 2482 F (08) 8312 2020
kipt.com.au ACN 091 247 166
Appendix 3Y
Change of Director's Interest Notice
Rule 3.19A.2
Information or documents not available now must be given to ASX as soon as available. Information and documents given to ASX become ASX's property and may be made public.
Introduced 30/09/01 Amended 01/01/11
Name of entity Kangaroo Island Plantation Timbers Limited
ABN 19 091 247 166
We (the entity) give ASX the following information under listing rule 3.19A.2 and as agent for the director for the purposes of section 205G of the Corporations Act.
|
Name of Director
|
John David Sergeant
|
|
Date of last notice
|
10 June 2016
|
Part 1 - Change of director's relevant interests in securities
In the case of a trust, this includes interests in the trust made available by the responsible entity of the trust
Note: In the case of a company, interests which come within paragraph (i) of the definition of "notifiable interest of a director" should be disclosed in this part.
|
Direct or indirect interest
|
Direct and indirect
|
|
Nature of indirect interest
(including registered holder)
Note: Provide details of the circumstances giving rise to the relevant interest.
|
Phalaenopsis Pty Ltd is a company of which John Sergeant has effective control, being a Director and Shareholder.
John Sergeant has effective control of his family trust and self-managed superannuation funds.
Jennifer Sue-Ellen Rosalie Sergeant is John Sergeant's spouse.
|
|
Date of change
|
5 October 2016
|
|
No. of securities held prior to change
|
107,040 ordinary shares, being:
47,356 - Phalaenopsis Pty Ltd ATF Sergeant Family Trust 25,760 -
32,924 - John David Sergeant
1,000 - Jennifer Sue-Ellen Rosalie Sergeant
|
|
Class
|
Ordinary
|
|
Number acquired
|
35,000
|
|
Number disposed
|
Nil
|
|
Value/Consideration
Note: If consideration is non-cash, provide details and estimated valuation
|
$672,000
Shares issued under Performance Rights Plan at $19.20 per share, being the closing price on the date of issue.
|
|
No. of securities held after change
|
142,040 ordinary shares, being:
82,356 - Phalaenopsis Pty Ltd ATF Sergeant Family Trust 25,760 -
32,924 - John David Sergeant
1,000 - Jennifer Sue-Ellen Rosalie Sergeant
|
|
Nature of change
Example: on-market trade, off-market trade, exercise of options, issue of securities under dividend reinvestment plan, participation in buy-back
|
Ordinary Shares issued at $19.20 per share (being the closing price on 5 October 2016) issued to Directors', having met the
$15.00 VWAP and other conditions set out in the Performance Rights Plan dated 18 January 2016. The share issue was approved by shareholder at the AGM held on 5 October 2016.
|
Part 2 - Change of director's interests in contracts
Note: In the case of a company, interests which come within paragraph (ii) of the definition of "notifiable interest of a director" should be disclosed in this part.
|
Detail of contract
|
Nil
|
|
Nature of interest
|
|
Name of registered holder
(if issued securities)
|
|
Date of change
|
|
No. and class of securities to which interest related prior to change
Note: Details are only required for a contract in relation to which the interest has changed
|
|
Interest acquired
|
|
Interest disposed
|
|
Value/Consideration
Note: If consideration is non-cash, provide details and an estimated valuation
|
|
Interest after change
|
Part 3 - +Closed period
|
Were the interests in the securities or contracts detailed
above traded during a +closed period where prior written clearance was required?
|
No
|
|
If so, was prior written clearance provided to allow the trade to proceed during this period?
|
|
If prior written clearance was provided, on what date was this provided?
|
Appendix 3Y
Change of Director's Interest Notice
Rule 3.19A.2
Information or documents not available now must be given to ASX as soon as available. Information and documents given to ASX become ASX's property and may be made public.
Introduced 30/09/01 Amended 01/01/11
Name of entity Kangaroo Island Plantation Timbers Limited
ABN 19 091 247 166
We (the entity) give ASX the following information under listing rule 3.19A.2 and as agent for the director for the purposes of section 205G of the Corporations Act.
|
Name of Director
|
Paul McKenzie
|
|
Date of last notice
|
10 June 2016
|
Part 1 - Change of director's relevant interests in securities
In the case of a trust, this includes interests in the trust made available by the responsible entity of the trust
Note: In the case of a company, interests which come within paragraph (i) of the definition of "notifiable interest of a director" should be disclosed in this part.
|
Direct or indirect interest
|
Direct and indirect
|
|
Nature of indirect interest (including registered holder)
Note: Provide details of the circumstances giving rise to the relevant interest.
|
Aminac Pty Ltd ATF Agrarian Management S/F A/C of which Paul McKenzie is the Managing Director Agrarian Consulting Pty Ltd and Agrarian Consulting Pty Ltd of which Paul McKenzie has effective control of his family trusts.
|
|
Date of change
|
05 October 2016
|
|
No. of securities held prior to change
|
148,360 Indirect being:
129,610 Aminac Pty Ltd ATF Agrarian Management S/F A/C
18,750 Agrarian Consulting Pty Ltd
|
|
Class
|
Ordinary
|
|
Number acquired
|
11,667
|
|
Number disposed
|
n/a
|
|
Value/Consideration
Note: If consideration is non-cash, provide details and estimated valuation
|
$224,006
Shares issued under the Performance Rights Plan at $19.20 per share, being the closing price on the date of issue
|