Issue of Rights Pursuant to Long Term Incentive Plan
Stride Property Group (NS)
NZX Announcement
IMMEDIATE — 22 June 2020
W strideproperty.co.nz
Stride Property Group
Issue of Rights Pursuant to Long Term Incentive Plan
Stride Investment Management Limited (SIML) advises that it has today issued 597,901 rights to
executives of SIML pursuant to the executive long term incentive scheme for FY21 (the period
1 April 2020 to 31 March 2023).
Attached is a capital change notice related to the grant of rights pursuant to Listing Rule 3.13.1.
SIML further notes that 297,109 share performance rights were forfeited or lapsed by operation
of the executive long term incentive scheme on 31 March 2020.
End
For further information please contact:
Tim Storey, Chairman, Stride Investment Management Limited / Stride Property Limited
Mobile: 021 633 089 - Email:
tim.storey@strideproperty.co.nz
Philip Littlewood, Chief Executive Officer, Stride Investment Management Limited
Mobile: 021 230 3026 - Email:
philip.littlewood@strideproperty.co.nz
Jennifer Whooley, Chief Financial Officer, Stride Investment Management Limited
Mobile: 021 536 406 - Email:
jennifer.whooley@strideproperty.co.nz
Louise Hill, General Manager Corporate Services, Stride Investment Management Limited and Company
Secretary of Stride Property Group
Mobile: 0275 580 033 - Email: louise.hill@strideproperty.co.nz
A Stapled Security of the Stride Property Group comprises one ordinary share in Stride Property Limited and
one ordinary share in Stride Investment Management Limited. Under the terms of the constitution of each
company, the shares in each can only be transferred if accompanied by a transfer of the same number of
shares in the other.
Stapled Securities are quoted on the NZX Main Board under the ticker code SPG. Further information is
available at
www.strideproperty.co.nz or at www.nzx.com/companies/SPG.
---
Template
Capital Change Notice
Updated as at 17 October 2019
Section 1: Issuer information
Name of issuer Stride Property Group
NZX ticker code SPG
Class of financial product Rights to Ordinary Shares in
each of Stride Investment
Management Limited and Stride
Property Limited
ISIN (If unknown, check on NZX website) N/A
Currency N/A
Section 2: Capital change details
Number issued/acquired/redeemed 597,901 Rights issued
Nominal value (if any) N/A
Issue/acquisition/redemption price per security N/A
Nature of the payment (for example, cash or other
consideration)
N/A
Amount paid up (if not in full) N/A
Percentage of total class of Financial Products
issued/acquired/redeemed/ (calculated on the number of
Financial Products of the Class, excluding any Treasury
Stock, in existence)
1
67.12% of total Rights on issue
at date of issue (22/6/20). If all
Rights issued pursuant to this
notice were converted to shares
in Stride Investment
Management Limited and Stride
Property Limited (if all
conditions to the issue of the
shares were met), such shares
would represent 0.16% of the
total shares on issue
For an issue of Convertible Financial Products or Options, the
principal terms of Conversion (for example the Conversion
price and Conversion date and the ranking of the Financial
Product in relation to other Classes of Financial Product) or
the Option (for example, the exercise price and exercise date)
N/A
Reason for issue/acquisition/redemption and specific
authority for issue/acquisition/redemption/ (the reason for
change must be identified here)
Rights issued pursuant to the
long term incentive plan for
SIML
Total number of Financial Products of the Class after the
issue/acquisition/redemption/Conversion (excluding Treasury
Stock) and the total number of Financial Products of the
Class held as Treasury Stock after the
issue/acquisition/redemption.
1,488,630
1
The percentage is to be calculated immediately before the issue, acquisition, redemption or Conversion.
In the case of an acquisition of shares, whether those shares
are to be held as treasury stock
N/A
Specific authority for the issue, acquisition, or redemption,
including a reference to the rule pursuant to which the issue,
acquisition, or redemption is made
Board resolution dated 19 June
2020
Terms or details of the issue, acquisition, or redemption (for
example: restrictions, escrow arrangements)
As set out in the long term
incentive plan rules
Date of issue/acquisition/redemption
2
22/06/2020
Section 3: Authority for this announcement and contact person
Name of person
authorised to make this announcement Louise Hill
Contact person for this announcement Louise Hill
Contact phone number 0275580033
Contact email address Louise.hill@strideproperty.co.nz
Date of release through MAP
22/06/2020
2
Continuous issuers using this form in reliance on Rule 3.13.2, please indicate the period during which the relevant
issue/acquisition/redemptions were made (for example, 1 January 2019 to 31 January 2019).
---
Ongoing Disclosure Notice
Disclosure of Directors and Senior
Managers Relevant Interests
Sections 297(2) and 298(2), Financial
Markets Conduct Act 2013
To NZX Limited; and
Name of listed issuer:
Stride Property Limited (SPL) and
Stride Investment Management
Limited (SIML) each as members of
the Stride Property Group
Date this disclosure made:
22-Jun-20
Date of last disclosure:
28-May-19
Director or senior manager giving disclosure
Full name(s):
Andrew Thomas Hay
Name of listed issuer:
Stride Property Group
Name of related body corporate (if applicable):
Position held in listed issuer:
General Manager - Commercial and
Industrial
Summary of acquisition or disposal of relevant interest (excluding specified derivatives)
Class of affected quoted financial products: Share Performance Rights
Nature of the affected relevant interest(s):
Conditional entitlement to become
legal and beneficial owner of ordinary
shares in each of SPL and SIML
under SIML's Long Term Incentive
Scheme
For that relevant interest-
Number held in class before acquisition or
disposal:
98,162
Number held in class after acquisition or
disposal:
119,224
Current registered holder(s):
Andrew Thomas Hay
Registered holder(s) once transfers are
registered:
Andrew Thomas Hay
Summary of acquisition or disposal of specified derivatives relevant interest (if applicable)
Type of affected derivative:
N/A
Class of underlying financial products:
N/A
Details of affected derivative-
The notional value of the derivative (if any) or the
notional amount of underlying financial products
(if any):N/A
A statement as to whether the derivative is cash
settled or physically settled:
N/A
Maturity date of the derivative (if any):
N/A
Expiry date of the derivative(if any):
N/A
The price specified in the terms of the derivative
(if any):
N/A
Any other details needed to understand how the
amount of the consideration payable under the
derivative or the value of the derivative is affected
by the value of the underlying financial products:
N/A
For that derivative,-
Parties to the derivative:
N/A
If the director or senior manager is not a party to
the derivative, the nature of the relevant interest
in the derivative:
N/A
Details of transactions giving rise to
acquisition or disposal
Total number of transactions to which notice
relates:
Two
Details of transactions requiring disclosure-
Date of transaction:31-Mar-20
Nature of transaction:
(a) Lapse of Rights pursuant to Long
Term Incentive Scheme
(b) Forfeiture of Rights Pursuant to
Long Term Incentive Scheme
Name of any other party or parties to the
transaction (if known):
N/A
The consideration, expressed in New Zealand
dollars, paid or received for the acquisition or
disposal. If the consideration was not in cash and
cannot be readily by converted into a cash value,
describe the consideration:
$0
Number of financial products to which the
transaction related:
(a) 13,891
(b) 13,892
Date of transaction:22-Jun-20
Nature of transaction:
Issue of Rights pursuant to Long
Term Incentive Scheme
Name of any other party or parties to the
transaction (if known):
N/A
The consideration, expressed in New Zealand
dollars, paid or received for the acquisition or
disposal. If the consideration was not in cash and
cannot be readily by converted into a cash value,
describe the consideration:
$0
Number of financial products to which the
transaction related:
48,845
If the issuer has a financial products trading
policy that prohibits directors or senior managers
from trading during any period without written
clearance (a closed period) include the following
details—
Whether relevant interests were acquired or
disposed of during a closed period:
No
Whether prior written clearance was provided to
allow the acquisition or disposal to proceed
during the closed period:N/A
Date of the prior written clearance (if any):
N/A
Summary of other relevant interests after acquisition or disposal:
Class of quoted financial products:N/A
Nature of relevant interest:N/A
For that relevant interest,-
Number held in class:N/A
Current registered holder(s):N/A
For a derivative relevant interest,-
Type of derivative:N/A
Details of derivative,-
The notional value of the derivative (if any) or the
notional amount of underlying financial products
(if any):N/A
A statement as to whether the derivative is cash
settled or physically settled:
N/A
Maturity date of the derivative (if any):
N/A
Expiry date of the derivative (if any):
N/A
The price's specified terms (if any):
N/A
Any other details needed to understand how the
amount of the consideration payable under the
derivative or the value of the derivative is affected
by the value of the underlying financial products:
N/A
For that derivative relevant interest,-
Parties to the derivative:
N/A
If the director or senior manager is not a party to
the derivative, the nature of the relevant interest
N/A
Certification
I certify that, to the best of my knowledge and
belief, the information contained in this disclosure
is correct and that I am duly authorised to make
this disclosure by all persons for whom it is
made.
Signature of director or officer:
Date of signature:
or
Signature of person authorised to sign on behalf
of director or officer:
Date of signature:
22-Jun-20
Name and title of authorised person:
Louise Hill, Company Secretary
Notes
Use this form to disclose all the acquisitions and
disposals by a director or senior manager of a
listed issuer, or of a related body corporate, or in
specified derivatives. The disclosure must be
made within—
(a) 20 working days after the first
acquisition or disposal disclosed in this notice if
the acquisitions or disposals are of a kind
referred to in section 297(2)(a) of the Financial
Markets Conduct Act 2013; or
(b) in any other case, 5 trading days
after the first acquisition or disposal disclosed in
this notice.
---
Ongoing Disclosure Notice
Disclosure of Directors and Senior
Managers Relevant Interests
Sections 297(2) and 298(2), Financial Markets
Conduct Act 2013
To NZX Limited; and
Name of listed issuer:
Stride Property Limited (SPL) and
Stride Investment Management
Limited (SIML) each as members of
the Stride Property Group
Date this disclosure made:
22-Jun-20
Date of last disclosure:
28-May-19
Director or senior manager giving disclosure
Full name(s):
Fabio Guido Pagano
Name of listed issuer:
Stride Property Group
Name of related body corporate (if applicable):
Position held in listed issuer:Investore Fund Manager
Summary of acquisition or disposal of relevant interest (excluding specified derivatives)
Class of affected quoted financial products: Share Performance Rights
Nature of the affected relevant interest(s):
Conditional entitlement to become
legal and beneficial owner of ordinary
shares in each of SPL and SIML
under SIML's Long Term Incentive
Scheme
For that relevant interest-
Number held in class before acquisition or disposal:
35,709
Number held in class after acquisition or disposal:
76,276
Current registered holder(s):
Fabio Guido Pagano
Registered holder(s) once transfers are registered:
Fabio Guido Pagano
Summary of acquisition or disposal of specified derivatives relevant interest (if applicable)
Type of affected derivative:
N/A
Class of underlying financial products:
N/A
Details of affected derivative-
The notional value of the derivative (if any) or the
notional amount of underlying financial products (if any):
N/A
A statement as to whether the derivative is cash settled
or physically settled:
N/A
Maturity date of the derivative (if any):
N/A
Expiry date of the derivative(if any):
N/A
The price specified in the terms of the derivative (if
any):
N/A
Any other details needed to understand how the
amount of the consideration payable under the
derivative or the value of the derivative is affected by
the value of the underlying financial products: N/A
For that derivative,-
Parties to the derivative:
N/A
If the director or senior manager is not a party to the
derivative, the nature of the relevant interest in the
derivative:
N/A
Details of transactions giving rise to acquisition or
disposal
Total number of transactions to which notice relates:
One
Details of transactions requiring disclosure-
Date of transaction:22-Jun-20
Nature of transaction:
Issue of Rights pursuant to Long
Term Incentive Scheme
Name of any other party or parties to the transaction (if
known):
N/A
The consideration, expressed in New Zealand dollars,
paid or received for the acquisition or disposal. If the
consideration was not in cash and cannot be readily by
converted into a cash value, describe the consideration:
$0
Number of financial products to which the transaction
related:
40,567
If the issuer has a financial products trading policy that
prohibits directors or senior managers from trading
during any period without written clearance (a closed
period) include the following details—
Whether relevant interests were acquired or disposed of
during a closed period:
No
Whether prior written clearance was provided to allow
the acquisition or disposal to proceed during the closed
period:N/A
Date of the prior written clearance (if any):
N/A
Summary of other relevant interests after acquisition or disposal:
Class of quoted financial products:N/A
Nature of relevant interest:N/A
For that relevant interest,-
Number held in class:N/A
Current registered holder(s):N/A
For a derivative relevant interest,-
Type of derivative:N/A
Details of derivative,-
The notional value of the derivative (if any) or the
notional amount of underlying financial products (if any):
N/A
A statement as to whether the derivative is cash settled
or physically settled:
N/A
Maturity date of the derivative (if any):
N/A
Expiry date of the derivative (if any):
N/A
The price's specified terms (if any):
N/A
Any other details needed to understand how the
amount of the consideration payable under the
derivative or the value of the derivative is affected by
the value of the underlying financial products: N/A
For that derivative relevant interest,-
Parties to the derivative:
N/A
If the director or senior manager is not a party to the
derivative, the nature of the relevant interest in the
N/A
Certification
I certify that, to the best of my knowledge and belief, the
information contained in this disclosure is correct and
that I am duly authorised to make this disclosure by all
persons for whom it is made.
Signature of director or officer:
Date of signature:
or
Signature of person authorised to sign on behalf of
director or officer:
Date of signature:
22-Jun-20
Name and title of authorised person:
Louise Hill,
Company Secretary
Notes
Use this form to disclose all the acquisitions and
disposals by a director or senior manager of a listed
issuer, or of a related body corporate, or in specified
derivatives. The disclosure must be made within—
(a) 20 working days after the first acquisition
or disposal disclosed in this notice if the acquisitions or
disposals are of a kind referred to in section 297(2)(a)
of the Financial Markets Conduct Act 2013; or
(b) in any other case, 5 trading days after the
first acquisition or disposal disclosed in this notice.
---
Ongoing Disclosure Notice
Disclosure of Directors and Senior
Managers Relevant Interests
Sections 297(2) and 298(2), Financial
Markets Conduct Act 2013
To NZX Limited; and
Name of listed issuer:
Stride Property Limited (SPL) and
Stride Investment Management
Limited (SIML) each as members of
the Stride Property Group
Date this disclosure made:
22-Jun-20
Date of last disclosure:
28-May-19
Director or senior manager giving disclosure
Full name(s):
Jennifer Marie Whooley
Name of listed issuer:
Stride Property Group
Name of related body corporate (if applicable):
Position held in listed issuer:
Chief Financial Officer
Summary of acquisition or disposal of relevant interest (excluding specified derivatives)
Class of affected quoted financial products: Share Performance Rights
Nature of the affected relevant interest(s):
Conditional entitlement to become
legal and beneficial owner of ordinary
shares in each of SPL and SIML under
SIML's Long Term Incentive Scheme
For that relevant interest-
Number held in class before acquisition or disposal:
224,091
Number held in class after acquisition or disposal:
238,657
Current registered holder(s):
Jennifer Marie Whooley
Registered holder(s) once transfers are registered:
Jennifer Marie Whooley
Summary of acquisition or disposal of specified derivatives relevant interest (if applicable)
Type of affected derivative:
N/A
Class of underlying financial products:
N/A
Details of affected derivative-
The notional value of the derivative (if any) or the
notional amount of underlying financial products (if
any):N/A
A statement as to whether the derivative is cash
settled or physically settled:
N/A
Maturity date of the derivative (if any):
N/A
Expiry date of the derivative(if any):
N/A
The price specified in the terms of the derivative (if
any):
N/A
Any other details needed to understand how the
amount of the consideration payable under the
derivative or the value of the derivative is affected by
the value of the underlying financial products: N/A
For that derivative,-
Parties to the derivative:
N/A
If the director or senior manager is not a party to the
derivative, the nature of the relevant interest in the
derivative:
N/A
Details of transactions giving rise to acquisition
or disposal
Total number of transactions to which notice relates:
Two
Details of transactions requiring disclosure-
Date of transaction:31-Mar-20
Nature of transaction:
(a) Lapse of Rights pursuant to Long
Term Incentive Scheme
(b) Forfeiture of Rights pursuant to
Long Term Incentive Scheme
Name of any other party or parties to the transaction
(if known):
N/A
The consideration, expressed in New Zealand dollars,
paid or received for the acquisition or disposal. If the
consideration was not in cash and cannot be readily
by converted into a cash value, describe the
consideration:
$0
Number of financial products to which the transaction
related:
(a) 38,201
(b) 38,201
Date of transaction:22-Jun-20
Nature of transaction:
Issue of Rights pursuant to Long Term
Incentive Scheme
Name of any other party or parties to the transaction
(if known):
N/A
The consideration, expressed in New Zealand dollars,
paid or received for the acquisition or disposal. If the
consideration was not in cash and cannot be readily
by converted into a cash value, describe the
consideration:
$0
Number of financial products to which the transaction
related:
90,968
If the issuer has a financial products trading policy
that prohibits directors or senior managers from
trading during any period without written clearance (a
closed period) include the following details—
Whether relevant interests were acquired or disposed
of during a closed period:
No
Whether prior written clearance was provided to allow
the acquisition or disposal to proceed during the
closed period:N/A
Date of the prior written clearance (if any):
N/A
Summary of other relevant interests after acquisition or disposal:
Class of quoted financial products:N/A
Nature of relevant interest:N/A
For that relevant interest,-
Number held in class:N/A
Current registered holder(s):N/A
For a derivative relevant interest,-
Type of derivative:N/A
Details of derivative,-
The notional value of the derivative (if any) or the
notional amount of underlying financial products (if
any):N/A
A statement as to whether the derivative is cash
settled or physically settled:
N/A
Maturity date of the derivative (if any):
N/A
Expiry date of the derivative (if any):
N/A
The price's specified terms (if any):
N/A
Any other details needed to understand how the
amount of the consideration payable under the
derivative or the value of the derivative is affected by
the value of the underlying financial products: N/A
For that derivative relevant interest,-
Parties to the derivative:
N/A
If the director or senior manager is not a party to the
derivative, the nature of the relevant interest in the
N/A
Certification
I certify that, to the best of my knowledge and belief,
the information contained in this disclosure is correct
and that I am duly authorised to make this disclosure
by all persons for whom it is made.
Signature of director or officer:
Date of signature:
or
Signature of person authorised to sign on behalf of
director or officer:
Date of signature:
22-Jun-20
Name and title of authorised person:Louise Hill, Company Secretary
Notes
Use this form to disclose all the acquisitions and
disposals by a director or senior manager of a listed
issuer, or of a related body corporate, or in specified
derivatives. The disclosure must be made within—
(a) 20 working days after the first
acquisition or disposal disclosed in this notice if the
acquisitions or disposals are of a kind referred to in
section 297(2)(a) of the Financial Markets Conduct
Act 2013; or
(b) in any other case, 5 trading days after
the first acquisition or disposal disclosed in this
notice.
---
Ongoing Disclosure Notice
Disclosure of Directors and Senior
Managers Relevant Interests
Sections 297(2) and 298(2), Financial Markets
Conduct Act 2013
To NZX Limited; and
Name of listed issuer:
Stride Property Limited (SPL) and
Stride Investment Management
Limited (SIML) each as members of
the Stride Property Group
Date this disclosure made:
22-Jun-20
Date of last disclosure:
28-May-19
Director or senior manager giving disclosure
Full name(s):
Mark Benjamin Luker
Name of listed issuer:
Stride Property Group
Name of related body corporate (if applicable):
Position held in listed issuer:General Manager, Development
Summary of acquisition or disposal of relevant interest (excluding specified derivatives)
Class of affected quoted financial products: Share Performance Rights
Nature of the affected relevant interest(s):
Conditional entitlement to become
legal and beneficial owner of ordinary
shares in each of SPL and SIML
under SIML's Long Term Incentive
Scheme
For that relevant interest-
Number held in class before acquisition or disposal:
112,502
Number held in class after acquisition or disposal:145,254
Current registered holder(s):
Mark Benjamin Luker
Registered holder(s) once transfers are registered:
Mark Benjamin Luker
Summary of acquisition or disposal of specified derivatives relevant interest (if applicable)
Type of affected derivative:
N/A
Class of underlying financial products:
N/A
Details of affected derivative-
The notional value of the derivative (if any) or the
notional amount of underlying financial products (if any):
N/A
A statement as to whether the derivative is cash settled
or physically settled:
N/A
Maturity date of the derivative (if any):
N/A
Expiry date of the derivative(if any):
N/A
The price specified in the terms of the derivative (if
any):
N/A
Any other details needed to understand how the
amount of the consideration payable under the
derivative or the value of the derivative is affected by
the value of the underlying financial products: N/A
For that derivative,-
Parties to the derivative:
N/A
If the director or senior manager is not a party to the
derivative, the nature of the relevant interest in the
derivative:
N/A
Details of transactions giving rise to acquisition or
disposal
Total number of transactions to which notice relates:
Two
Details of transactions requiring disclosure-
Date of transaction:31-Mar-20
Nature of transaction:
(a) Lapse of Rights pursuant to Long
Term Incentive Scheme
(b) Forfeiture of Rights pursuant to
Long Term Incentive Scheme
Name of any other party or parties to the transaction (if
known):
N/A
The consideration, expressed in New Zealand dollars,
paid or received for the acquisition or disposal. If the
consideration was not in cash and cannot be readily by
converted into a cash value, describe the consideration:
$0
Number of financial products to which the transaction
related:
(a) 11,358
(b) 11,359
Date of transaction:22-Jun-20
Nature of transaction:
Issue of Rights pursuant to Long
Term Incentive Scheme
Name of any other party or parties to the transaction (if
known):
N/A
The consideration, expressed in New Zealand dollars,
paid or received for the acquisition or disposal. If the
consideration was not in cash and cannot be readily by
converted into a cash value, describe the consideration:
$0
Number of financial products to which the transaction
related:
55,469
If the issuer has a financial products trading policy that
prohibits directors or senior managers from trading
during any period without written clearance (a closed
period) include the following details—
Whether relevant interests were acquired or disposed of
during a closed period:
No
Whether prior written clearance was provided to allow
the acquisition or disposal to proceed during the closed
period:N/A
Date of the prior written clearance (if any):
N/A
Summary of other relevant interests after acquisition or disposal:
Class of quoted financial products:N/A
Nature of relevant interest:N/A
For that relevant interest,-
Number held in class:N/A
Current registered holder(s):N/A
For a derivative relevant interest,-
Type of derivative:N/A
Details of derivative,-
The notional value of the derivative (if any) or the
notional amount of underlying financial products (if any):
N/A
A statement as to whether the derivative is cash settled
or physically settled:
N/A
Maturity date of the derivative (if any):
N/A
Expiry date of the derivative (if any):
N/A
The price's specified terms (if any):
N/A
Any other details needed to understand how the
amount of the consideration payable under the
derivative or the value of the derivative is affected by
the value of the underlying financial products: N/A
For that derivative relevant interest,-
Parties to the derivative:
N/A
If the director or senior manager is not a party to the
derivative, the nature of the relevant interest in the
N/A
Certification
I certify that, to the best of my knowledge and belief, the
information contained in this disclosure is correct and
that I am duly authorised to make this disclosure by all
persons for whom it is made.
Signature of director or officer:
Date of signature:
or
Signature of person authorised to sign on behalf of
director or officer:
Date of signature:
22-Jun-20
Name and title of authorised person:
Louise Hill,
Company Secretary
Notes
Use this form to disclose all the acquisitions and
disposals by a director or senior manager of a listed
issuer, or of a related body corporate, or in specified
derivatives. The disclosure must be made within—
(a) 20 working days after the first acquisition
or disposal disclosed in this notice if the acquisitions or
disposals are of a kind referred to in section 297(2)(a)
of the Financial Markets Conduct Act 2013; or
(b) in any other case, 5 trading days after the
first acquisition or disposal disclosed in this notice.
---
Ongoing Disclosure Notice
Disclosure of Directors and Senior
Managers Relevant Interests
Sections 297(2) and 298(2), Financial
Markets Conduct Act 2013
To NZX Limited; and
Name of listed issuer:
Stride Property Limited (SPL) and
Stride Investment Management
Limited (SIML) each as members of
the Stride Property Group
Date this disclosure made:
22-Jun-20
Date of last disclosure:
28-May-19
Director or senior manager giving disclosure
Full name(s):
Louise Jane Hill
Name of listed issuer:
Stride Property Group
Name of related body corporate (if applicable):
Position held in listed issuer:General Manager, Corporate Services
Summary of acquisition or disposal of relevant interest (excluding specified derivatives)
Class of affected quoted financial products: Share Performance Rights
Nature of the affected relevant interest(s):
Conditional entitlement to become
legal and beneficial owner of ordinary
shares in each of SPL and SIML
under SIML's Long Term Incentive
Scheme
For that relevant interest-
Number held in class before acquisition or disposal:
101,167
Number held in class after acquisition or disposal:
135,358
Current registered holder(s):
Louise Jane Hill
Registered holder(s) once transfers are registered:
Louise Jane Hill
Summary of acquisition or disposal of specified derivatives relevant interest (if applicable)
Type of affected derivative:
N/A
Class of underlying financial products:
N/A
Details of affected derivative-
The notional value of the derivative (if any) or the
notional amount of underlying financial products (if
any):N/A
A statement as to whether the derivative is cash
settled or physically settled:
N/A
Maturity date of the derivative (if any):
N/A
Expiry date of the derivative(if any):
N/A
The price specified in the terms of the derivative (if
any):
N/A
Any other details needed to understand how the
amount of the consideration payable under the
derivative or the value of the derivative is affected by
the value of the underlying financial products: N/A
For that derivative,-
Parties to the derivative:
N/A
If the director or senior manager is not a party to the
derivative, the nature of the relevant interest in the
derivative:
N/A
Details of transactions giving rise to acquisition or
disposal
Total number of transactions to which notice relates:
Two
Details of transactions requiring disclosure-
Date of transaction:31-Mar-20
Nature of transaction:
(a) Lapse of Rights pursuant to Long
Term Incentive Scheme
(b) Forfeiture of Rights pursuant to
Long Term Incentive Scheme
Name of any other party or parties to the transaction (if
known):
N/A
The consideration, expressed in New Zealand dollars,
paid or received for the acquisition or disposal. If the
consideration was not in cash and cannot be readily by
converted into a cash value, describe the
consideration:
$0
Number of financial products to which the transaction
related:
(a) 8,702
(b) 8,701
Date of transaction:22-Jun-20
Nature of transaction:
Issue of Rights pursuant to Long
Term Incentive Scheme
Name of any other party or parties to the transaction (if
known):
N/A
The consideration, expressed in New Zealand dollars,
paid or received for the acquisition or disposal. If the
consideration was not in cash and cannot be readily by
converted into a cash value, describe the
consideration:
$0
Number of financial products to which the transaction
related:
51,594
If the issuer has a financial products trading policy
that prohibits directors or senior managers from
trading during any period without written clearance (a
closed period) include the following details—
Whether relevant interests were acquired or disposed
of during a closed period:
No
Whether prior written clearance was provided to allow
the acquisition or disposal to proceed during the closed
period:
N/A
Date of the prior written clearance (if any):
N/A
Summary of other relevant interests after acquisition or disposal:
Class of quoted financial products:N/A
Nature of relevant interest:N/A
For that relevant interest,-
Number held in class:N/A
Current registered holder(s):N/A
For a derivative relevant interest,-
Type of derivative:N/A
Details of derivative,-
The notional value of the derivative (if any) or the
notional amount of underlying financial products (if
any):N/A
A statement as to whether the derivative is cash
settled or physically settled:
N/A
Maturity date of the derivative (if any):
N/A
Expiry date of the derivative (if any):
N/A
The price's specified terms (if any):
N/A
Any other details needed to understand how the
amount of the consideration payable under the
derivative or the value of the derivative is affected by
the value of the underlying financial products: N/A
For that derivative relevant interest,-
Parties to the derivative:
N/A
If the director or senior manager is not a party to the
derivative, the nature of the relevant interest in the
N/A
Certification
I certify that, to the best of my knowledge and belief,
the information contained in this disclosure is correct
and that I am duly authorised to make this disclosure
by all persons for whom it is made.
Signature of director or officer:
Date of signature:
22-Jun-20
or
Signature of person authorised to sign on behalf of
director or officer:
Date of signature:
Name and title of authorised person:
Notes
Use this form to disclose all the acquisitions and
disposals by a director or senior manager of a listed
issuer, or of a related body corporate, or in specified
derivatives. The disclosure must be made within—
(a) 20 working days after the first acquisition
or disposal disclosed in this notice if the acquisitions
or disposals are of a kind referred to in section
297(2)(a) of the Financial Markets Conduct Act 2013;
or
(b) in any other case, 5 trading days after
the first acquisition or disposal disclosed in this notice.
---
Ongoing Disclosure Notice
Disclosure of Directors and Senior
Managers Relevant Interests
Sections 297(2) and 298(2), Financial
Markets Conduct Act 2013
To NZX Limited; and
Name of listed issuer:
Stride Property Limited (SPL)
and Stride Investment
Management Limited (SIML)
each as members of the Stride
Property Group
Date this disclosure made:
22-Jun-20
Date of last disclosure:
28-May-19
Director or senior manager giving disclosure
Full name(s):
Philip Michael Littlewood
Name of listed issuer:
Stride Property Group
Name of related body corporate (if applicable):
Position held in listed issuer:
Chief Executive Officer
Summary of acquisition or disposal of relevant interest (excluding specified derivatives)
Class of affected quoted financial products: Share Performance Rights
Nature of the affected relevant interest(s):
Conditional entitlement to
become legal and beneficial
owner of ordinary shares in
each of SPL and SIML under
SIML's Long Term Incentive
Scheme
For that relevant interest-
Number held in class before acquisition or
disposal:
446,408
Number held in class after acquisition or disposal:534,307
Current registered holder(s):
Philip Michael Littlewood
Registered holder(s) once transfers are registered:
Philip Michael Littlewood
Summary of acquisition or disposal of specified derivatives relevant interest (if applicable)
Type of affected derivative:
N/A
Class of underlying financial products:
N/A
Details of affected derivative-
The notional value of the derivative (if any) or the
notional amount of underlying financial products (if
any):N/A
A statement as to whether the derivative is cash
settled or physically settled:
N/A
Maturity date of the derivative (if any):
N/A
Expiry date of the derivative(if any):
N/A
The price specified in the terms of the derivative (if
any):
N/A
Any other details needed to understand how the
amount of the consideration payable under the
derivative or the value of the derivative is affected
by the value of the underlying financial products: N/A
For that derivative,-
Parties to the derivative:
N/A
If the director or senior manager is not a party to
the derivative, the nature of the relevant interest in
the derivative:
N/A
Details of transactions giving rise to
acquisition or disposal
Total number of transactions to which notice
relates:
Two
Details of transactions requiring disclosure-
Date of transaction:31-Mar-20
Nature of transaction:
(a) Lapse of Rights pursuant to
Long Term Incentive Scheme
(b) Forfeiture of Rights pursuant
to Long Term Incentive Scheme
Name of any other party or parties to the
transaction (if known):
N/A
The consideration, expressed in New Zealand
dollars, paid or received for the acquisition or
disposal. If the consideration was not in cash and
cannot be readily by converted into a cash value,
describe the consideration:
$0
Number of financial products to which the
transaction related:
(a) 57,881
(b) 57,880
Date of transaction:22-Jun-20
Nature of transaction:
Issue of Rights pursuant to
Long Term Incentive Scheme
Name of any other party or parties to the
transaction (if known):
N/A
The consideration, expressed in New Zealand
dollars, paid or received for the acquisition or
disposal. If the consideration was not in cash and
cannot be readily by converted into a cash value,
describe the consideration:
$0
Number of financial products to which the
transaction related:
203,660
If the issuer has a financial products trading policy
that prohibits directors or senior managers from
trading during any period without written clearance
(a closed period) include the following details—
Whether relevant interests were acquired or
disposed of during a closed period:
No
Whether prior written clearance was provided to
allow the acquisition or disposal to proceed during
the closed period:N/A
Date of the prior written clearance (if any):
N/A
Summary of other relevant interests after acquisition or disposal:
Class of quoted financial products:N/A
Nature of relevant interest:N/A
For that relevant interest,-
Number held in class:N/A
Current registered holder(s):N/A
For a derivative relevant interest,-
Type of derivative:N/A
Details of derivative,-
The notional value of the derivative (if any) or the
notional amount of underlying financial products (if
any):N/A
A statement as to whether the derivative is cash
settled or physically settled:
N/A
Maturity date of the derivative (if any):
N/A
Expiry date of the derivative (if any):
N/A
The price's specified terms (if any):
N/A
Any other details needed to understand how the
amount of the consideration payable under the
derivative or the value of the derivative is affected
by the value of the underlying financial products: N/A
For that derivative relevant interest,-
Parties to the derivative:
N/A
If the director or senior manager is not a party to
the derivative, the nature of the relevant interest in
N/A
Certification
I certify that, to the best of my knowledge and
belief, the information contained in this disclosure
is correct and that I am duly authorised to make
this disclosure by all persons for whom it is made.
Signature of director or officer:
Date of signature:
or
Signature of person authorised to sign on behalf of
director or officer:
Date of signature:
22-Jun-20
Name and title of authorised person:Louise Hill, Company Secretary
Notes
Use this form to disclose all the acquisitions and
disposals by a director or senior manager of a
listed issuer, or of a related body corporate, or in
specified derivatives. The disclosure must be
made within—
(a) 20 working days after the first
acquisition or disposal disclosed in this notice if
the acquisitions or disposals are of a kind referred
to in section 297(2)(a) of the Financial Markets
Conduct Act 2013; or
(b) in any other case, 5 trading days
after the first acquisition or disposal disclosed in
this notice.
---
Ongoing Disclosure Notice
Disclosure of Directors and Senior Managers
Relevant Interests
Sections 297(2) and 298(2), Financial Markets
Conduct Act 2013
To NZX Limited; and
Name of listed issuer:
Stride Property Limited (SPL) and
Stride Investment Management
Limited (SIML) each as members of
the Stride Property Group
Date this disclosure made:
22-Jun-20
Date of last disclosure:
28-May-19
Director or senior manager giving disclosure
Full name(s):
Roy Michael Stansfield
Name of listed issuer:
Stride Property Group
Name of related body corporate (if applicable):
Position held in listed issuer:General Manager, Shopping Centres
Summary of acquisition or disposal of relevant interest (excluding specified derivatives)
Class of affected quoted financial products: Share Performance Rights
Nature of the affected relevant interest(s):
Conditional entitlement to become
legal and beneficial owner of ordinary
shares in each of SPL and SIML
under SIML's Long Term Incentive
Scheme
For that relevant interest-
Number held in class before acquisition or disposal:
125,578
Number held in class after acquisition or disposal:
142,348
Current registered holder(s):
Roy Michael Stansfield
Registered holder(s) once transfers are registered:
Roy Michael Stansfield
Summary of acquisition or disposal of specified derivatives relevant interest (if applicable)
Type of affected derivative:
N/A
Class of underlying financial products:
N/A
Details of affected derivative-
The notional value of the derivative (if any) or the notional
amount of underlying financial products (if any):
N/A
A statement as to whether the derivative is cash settled or
physically settled:
N/A
Maturity date of the derivative (if any):
N/A
Expiry date of the derivative(if any):
N/A
The price specified in the terms of the derivative (if any):
N/A
Any other details needed to understand how the amount of
the consideration payable under the derivative or the value
of the derivative is affected by the value of the underlying
financial products: N/A
For that derivative,-
Parties to the derivative:
N/A
If the director or senior manager is not a party to the
derivative, the nature of the relevant interest in the
derivative:
N/A
Details of transactions giving rise to acquisition or
disposal
Total number of transactions to which notice relates:
Two
Details of transactions requiring disclosure-
Date of transaction:
31-Mar-20
Nature of transaction:
(a) Lapse of Rights pursuant to Long
Term Incentive Scheme
(b) Forfeiture of Rights pursuant to
Long Term Incentive Scheme
Name of any other party or parties to the transaction (if
known):
N/A
The consideration, expressed in New Zealand dollars, paid
or received for the acquisition or disposal. If the
consideration was not in cash and cannot be readily by
converted into a cash value, describe the consideration:
$0
Number of financial products to which the transaction
related:
(a) 18,522
(b) 18,521
Date of transaction:
22-Jun-20
Nature of transaction:
Issue of Rights pursuant to Long
Term Incentive Scheme
Name of any other party or parties to the transaction (if
known):
N/A
The consideration, expressed in New Zealand dollars, paid
or received for the acquisition or disposal. If the
consideration was not in cash and cannot be readily by
converted into a cash value, describe the consideration:
$0
Number of financial products to which the transaction
related:
53,813
If the issuer has a financial products trading policy that
prohibits directors or senior managers from trading during
any period without written clearance (a closed period)
include the following details—
Whether relevant interests were acquired or disposed of
during a closed period:
No
Whether prior written clearance was provided to allow the
acquisition or disposal to proceed during the closed period:
N/A
Date of the prior written clearance (if any):
N/A
Summary of other relevant interests after acquisition or disposal:
Class of quoted financial products:N/A
Nature of relevant interest:N/A
For that relevant interest,-
Number held in class:N/A
Current registered holder(s):N/A
For a derivative relevant interest,-
Type of derivative:N/A
Details of derivative,-
The notional value of the derivative (if any) or the notional
amount of underlying financial products (if any):
N/A
A statement as to whether the derivative is cash settled or
physically settled:
N/A
Maturity date of the derivative (if any):
N/A
Expiry date of the derivative (if any):
N/A
The price's specified terms (if any):
N/A
Any other details needed to understand how the amount of
the consideration payable under the derivative or the value
of the derivative is affected by the value of the underlying
financial products: N/A
For that derivative relevant interest,-
Parties to the derivative:
N/A
If the director or senior manager is not a party to the
derivative, the nature of the relevant interest in the
N/A
Certification
I certify that, to the best of my knowledge and belief, the
information contained in this disclosure is correct and that I
am duly authorised to make this disclosure by all persons
for whom it is made.
Signature of director or officer:
Date of signature:
or
Signature of person authorised to sign on behalf of director
or officer:
Date of signature:
22-Jun-20
Name and title of authorised person:
Louise Hill,
Company Secretary
Notes
Use this form to disclose all the acquisitions and disposals
by a director or senior manager of a listed issuer, or of a
related body corporate, or in specified derivatives. The
disclosure must be made within—
(a) 20 working days after the first acquisition or
disposal disclosed in this notice if the acquisitions or
disposals are of a kind referred to in section 297(2)(a) of the
Financial Markets Conduct Act 2013; or
(b) in any other case, 5 trading days after the
first acquisition or disposal disclosed in this notice.
---
Ongoing Disclosure Notice
Disclosure of Directors and Senior
Managers Relevant Interests
Sections 297(2) and 298(2), Financial Markets
Conduct Act 2013
To NZX Limited; and
Name of listed issuer:
Stride Property Limited (SPL) and
Stride Investment Management
Limited (SIML) each as members of
the Stride Property Group
Date this disclosure made:
22-Jun-20
Date of last disclosure:
28-May-19
Director or senior manager giving disclosure
Full name(s):
Steven Edward Penney
Name of listed issuer:
Stride Property Group
Name of related body corporate (if applicable):
Position held in listed issuer:General Manager, Investment
Summary of acquisition or disposal of relevant interest (excluding specified derivatives)
Class of affected quoted financial products: Share Performance Rights
Nature of the affected relevant interest(s):
Conditional entitlement to become
legal and beneficial owner of ordinary
shares in each of SPL and SIML
under SIML's Long Term Incentive
Scheme
For that relevant interest-
Number held in class before acquisition or disposal:
44,221
Number held in class after acquisition or disposal:
97,206
Current registered holder(s):
Steven Edward Penney
Registered holder(s) once transfers are registered:
Steven Edward Penney
Summary of acquisition or disposal of specified derivatives relevant interest (if applicable)
Type of affected derivative:
N/A
Class of underlying financial products:
N/A
Details of affected derivative-
The notional value of the derivative (if any) or the
notional amount of underlying financial products (if any):
N/A
A statement as to whether the derivative is cash settled
or physically settled:
N/A
Maturity date of the derivative (if any):
N/A
Expiry date of the derivative(if any):
N/A
The price specified in the terms of the derivative (if
any):
N/A
Any other details needed to understand how the
amount of the consideration payable under the
derivative or the value of the derivative is affected by
the value of the underlying financial products: N/A
For that derivative,-
Parties to the derivative:
N/A
If the director or senior manager is not a party to the
derivative, the nature of the relevant interest in the
derivative:
N/A
Details of transactions giving rise to acquisition or
disposal
Total number of transactions to which notice relates:
One
Details of transactions requiring disclosure-
Date of transaction:22-Jun-20
Nature of transaction:
Issue of Rights pursuant to Long
Term Incentive Scheme
Name of any other party or parties to the transaction (if
known):
N/A
The consideration, expressed in New Zealand dollars,
paid or received for the acquisition or disposal. If the
consideration was not in cash and cannot be readily by
converted into a cash value, describe the consideration:
$0
Number of financial products to which the transaction
related:
52,985
If the issuer has a financial products trading policy that
prohibits directors or senior managers from trading
during any period without written clearance (a closed
period) include the following details—
Whether relevant interests were acquired or disposed of
during a closed period:
No
Whether prior written clearance was provided to allow
the acquisition or disposal to proceed during the closed
period:N/A
Date of the prior written clearance (if any):
N/A
Summary of other relevant interests after acquisition or disposal:
Class of quoted financial products:N/A
Nature of relevant interest:N/A
For that relevant interest,-
Number held in class:N/A
Current registered holder(s):N/A
For a derivative relevant interest,-
Type of derivative:N/A
Details of derivative,-
The notional value of the derivative (if any) or the
notional amount of underlying financial products (if any):
N/A
A statement as to whether the derivative is cash settled
or physically settled:
N/A
Maturity date of the derivative (if any):
N/A
Expiry date of the derivative (if any):
N/A
The price's specified terms (if any):
N/A
Any other details needed to understand how the
amount of the consideration payable under the
derivative or the value of the derivative is affected by
the value of the underlying financial products: N/A
For that derivative relevant interest,-
Parties to the derivative:
N/A
If the director or senior manager is not a party to the
derivative, the nature of the relevant interest in the
N/A
Certification
I certify that, to the best of my knowledge and belief, the
information contained in this disclosure is correct and
that I am duly authorised to make this disclosure by all
persons for whom it is made.
Signature of director or officer:
Date of signature:
or
Signature of person authorised to sign on behalf of
director or officer:
Date of signature:
22-Jun-20
Name and title of authorised person:
Louise Hill,
Company Secretary
Notes
Use this form to disclose all the acquisitions and
disposals by a director or senior manager of a listed
issuer, or of a related body corporate, or in specified
derivatives. The disclosure must be made within—
(a) 20 working days after the first acquisition
or disposal disclosed in this notice if the acquisitions or
disposals are of a kind referred to in section 297(2)(a)
of the Financial Markets Conduct Act 2013; or
(b) in any other case, 5 trading days after the
first acquisition or disposal disclosed in this notice.
Data sourced from publicly available filings. Our datasets may not be complete. Automated analysis can produce errors. If you believe any data on this page is incorrect, please contact us at hello@nzxplorer.co.nz. For informational purposes only. Not investment advice.