Issue of Options under the Bremworth Share Option Scheme

Bremworth Limited ("Bremworth") (NZX: BRW) today announces, pursuant to NZX Listing Rule 3.18.1(b), that the Board has approved the issue of 520,000 options (“Options”) pursuant to the Bremworth Share Option Scheme (“Option Scheme”) to Chief Executive Officer, Greg Smith.

The Option Scheme provides for selected employees of Bremworth to be awarded Options to acquire ordinary shares in Bremworth at a fixed issue price. The Options will become exercisable over time in accordance with a vesting schedule or on certain liquidity events, as defined in the rules of the Option Scheme.


6 April 2022


ENDS

For further information please contact:

George Adams
Chairman
[email protected]
+64 21 555 040

Jackie Ellis
Media and Investor Relations
[email protected]
+64 27 246 2505

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Announcement PDF