New Talisman today issued 4,500,000 unlisted options to directors under its Employee Share Option Plan approved on 19 September 2013.

Notice Pursuant to NZSX Listing Rule 7.12.1

Class of Security: Unlisted Options over Ordinary Shares

ISIN: N/A

Number issued: 4,500,000

Issue Price: Nil on issue of Unlisted Options. Exercise price of AUD 1.1 cents to convert one Option to one Ordinary Share.

Payment in Cash: N/A

Amount Paid Up: N/A

Percentage total of class of securities: 53%

Reason for issue: Unlisted Options issued under Employee Share Option Plan

Specific authority for issue: Board Resolution dated 13 November 2013.

Terms of the issue:        Options become exercisable 12 months from the issue date, subject to continued service. Options also become exercisable where a person becomes the holder of a relevant interest in 50% or more of the voting shares in the Company or a takeover offer is served on the Company. Options have a term of 5 years from the issue date.

Total number of securities on issue after issue: 8,500,000 Unlisted Options

Treasury Stock: N/A

Date of issue: 13 November 2013

Download SX Release 13 November 2013 Unlisted Options