Please see attached ongoing disclosure notices for the following in relation Serko's Long Term Incentive Scheme:
- Shane Sampson - grant of restricted share units; and
- Joydip Das - allotment of ordinary shares upon vesting of restricted share units and on-market sale of ordinary shares under a sell to cover arrangement.
The S&P/NZX 50 Index is down 1.5% since the beginning of the year.
Pacific Edge is on a trading halt until Monday.
The downgrade comes ahead of Jan 26, when Briscoe's financial year ends.
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