Issue of Restricted Share Rights
SECISSUE
Wed, Apr 09 2025 05:03 pm
9 April 2025
Issue of Restricted Share Rights
This notice is given under NZX Listing Rule 3.13.1 and relates to the issue of restricted share rights (“RSRs”) in SkyCity Entertainment Group Limited (the “company”) to a senior executive of the company.
Each RSR confers a right to receive one ordinary share in the company, which will only vest if the relevant senior executive remains continuously employed by the company (or a company within the SkyCity Group) from the date of issue until the vesting date, as further described below, and provided that certain financial and non-financial performance measures are met. To the extent that those vesting conditions are not met, the RSRs will lapse and no shares will vest to the participating senior executive. Dividends are not payable in connection with the RSRs.
The RSRs are issued on the same basis as those issued on 28 November 2024 to other senior executives under the SkyCity Long Term Incentive Plan.
This announcement has been authorised for release by:
Phil Leightley, Interim General Counsel & Company Secretary
Announcement PDF
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