Attached is an NZX Ongoing Disclosure Notice for Xiao Li.
This relates to the vesting and automatic exercise of time-based rights and the issue of Ordinary Shares (the number of Ordinary Shares being lower than the number of time-based rights that vested reflecting the employer requirement to meet China withholding obligations arising for the vesting and automatic exercise of Xiao Li's time-based rights).
The S&P/NZX 50 Index advanced 107.84 points, or 0.9%, to 12,555.52.
A new pricing regime comes as the company seeks amendments to loan covenants.
Herbert unimpressed by Vital's refusal for due diligence and failure to meet guidance.
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