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ORORA LIMITED — Capital/Financing Update 2020
May 7, 2020
65505_rns_2020-05-07_a140b9c8-28ff-4a04-8729-7af0b2117420.pdf
Capital/Financing Update
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8 May 2020
Orora Limited (ASX: ORA , the Company ) wishes to advise the current unquoted Options and Rights issued under the Company’s employee incentive plans, as a result of employee departures in connection with sale of the Australasian Fibre business and to correct an administrative error. Each Option and Right granted under Orora Limited’s Short Term Incentive Plan, Long Term Incentive Plan and Long Term Incentive Rights Plan entitles the holder to acquire one ordinary share in Orora Limited. The Options and Rights cannot be traded.
| Number | Class / Description |
|---|---|
| 5,631,861 | Unlisted Rights at nil exercise price |
| 199,561 | Unlisted Options at $1.22 exercise price |
| 427,567 | Unlisted Options at $2.08 exercise price |
| 4,024,580 | Unlisted Options at $2.69 exercise price |
| 3,509,000 | Unlisted Options at $2.86 exercise price |
| 1,750,500 | Unlisted Options at $3.58 exercise price |
Authorised for release to the ASX by Orora’s Company Secretary, Ann Stubbings.
-ENDS-
Orora Limited ABN 55 004 275 165 109 Burwood Road Hawthorn Victoria 3122 • +61 3 9811 7111 www.ororagroup.com