ADI 2.35% $3.05 apn industria reit

wow, page-26

  1. 7,545 Posts.
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    up to 4 million in total.

    I reckon they're discounting the SP a fair bit. I gues they want 100% of their entitlement

    Performance Period
    33.33%
    of the performance rights
    vest if the VWAP for the
    Shares is equal to or
    greater than
    66.67%
    of the performance rights
    vest if the VWAP for the
    Shares is equal to or
    greater than
    100%
    of the performance rights
    vest if the VWAP for the
    Shares is equal to or
    greater than
    Last 15 trading
    days in July 2010
    45 53 60
    Last 15 trading
    days in July 2011
    53 60 70
    Last 15 trading
    days in July 2012
    60 70 80
    Last 15 trading
    days in July 2013
    70 80 90
 
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Currently unlisted public company.

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