II. Movements in total number of convertible preference shares
Philip Twyman acquired 1,100 (2014-957) convertible preference shares during the year, holding a total of 4,115 shares as at 30
June 2015. Justin Breheny held 16 (2014-16) convertible preference shares at the beginning of the financial year and up to the date
of cessation as a KMP. No other key management personnel had any interest directly or nominally in convertible preference shares at
any time during the financial year (2014-nil).
III. Movements in total number of reset exchangeable securities held
No key management personnel had any interest directly or nominally in reset exchangeable securities of IAG Finance (New Zealand)
Limited at any time during the financial year (2014-nil).
IV. Other related party transactions with key management personnel
Justin Breheny was provided with an unsecured loan of $779,672 on 21 March 2014 to assist with tax obligations incurred as a result
of his move from Singapore to Australia. One repayment of $146,632 was made in the prior financial year. The remaining balance of
the loan at 1 July 2014 was $633,040, and this was also the highest outstanding balance during the reporting period. The loan was
an interest free loan and would have accrued an interest charge of $35,742 during the year ended 30 June 2015. On 27 May 2015
the loan was repaid in full.
RELEVANT INTEREST OF EACH DIRECTOR AND THEIR RELATED PARTIES IN LISTED SECURITIES OF THE
IAG GROUP IN ACCORDANCE WITH THE CORPORATIONS ACT 2001
A. HOLDINGS OF ORDINARY SHARES
FOR SECTION 205G OF THE CORPORATIONS ACT 2001
Shares held directly
(a)
Shares held indirectly
(b)
Brian Schwartz
2,453
108,718
Elizabeth Bryan
-
31,409
Yasmin Allen
1,666
40,087
Alison Deans
-
37,742
Hugh Fletcher
36,561
44,146
Raymond Lim
-
30,000
Tom Pockett
32,096
-
Philip Twyman
2,742
28,530
Michael Wilkins
840,190
1,207,840
(a)
This represents the relevant interest of each Director in ordinary shares issued by the Company, as notified by the Directors to the ASX in accordance with section 205G of
the Corporations Act 2001 until the date the financial report is signed. Trading in IAG shares is covered by the restrictions which limit the ability of an IAG Director to trade
in the shares of the Group where they are in a position to be aware, or are aware, of price sensitive information.
(b)
These IAG shares are held by the Director’s related parties, inclusive of entities controlled, jointly controlled or significantly influenced by the Directors, as notified by the
Directors to the ASX in accordance with section 205G of the Corporations Act 2001.
B. HOLDING OF CONVERTIBLE PREFERENCE SHARES
Philip Twyman held 4,115 (2014-3,015) convertible preference shares as at the reporting date. No other Director and their related
parties had any interest directly or nominally in convertible preference shares at the reporting date (2014-nil).
C. HOLDING OF RESET EXCHANGEABLE SECURITIES
No Director and their related parties had any interest in reset exchangeable securities of IAG Finance (New Zealand) Limited at the
reporting date (2014-nil).
ROUNDING OF AMOUNTS
Unless otherwise stated, amounts in the financial report and Directors' Report have been rounded to the nearest million dollars. The
Company is of a kind referred to in the class order 98/100 dated 10 July 1998 issued by the Australian Securities & Investments
Commission. All rounding has been conducted in accordance with that class order.
Signed at Sydney this 21st day of August 2015 in accordance with a resolution of the Directors.
Michael Wilkins
Director
35
