Allotment of 143,300 Ordinary Shares at $1.30 Per Share
12:00AM, 10 Oct 2002 | ALLOT
Scott Technology advise 143,300 ordinary shares will be allotted on
29/11/2002. Issue price: $1.30. Purpose of the issue: pursuant to an
employee share scheme. Eligible employees are able to purchase shares up to
a maximum of 1,500 shares, funded by an interest-free loan from the
Company. The shares allocated to eligible employees will not be vested
until the expiry of the later of the three year period or the full payment
of the loan by the employee.
These shares are to be issued immediately following the payment of the
final dividend in respect of the year to 31/08/2002 and immediately
preceding the 1 for 8 bonus issue.