prospectus for - Pumpkin Patch investor relations

PUMPKIN PATCH LIMITED & SUBSIDIARIESNOTES TO AND FORMING PART OF THE FINANCIAL STATEMENTSFOR THE 6 MONTHS ENDED 31 JANUARY 2004 (CONTINUED)4. Share CapitalGroup31 Jan 2004 31 July 2003 31 Dec 2002$000 $000 $000Issued and paid up capital 10,907 10,907 10,865Movement in shares held as treasury stock - - 42Balance at the End of the Period 10,907 10,907 10,907As at 31 January 2004 there were 1,282,911 shares on issue (2003: 1,248,850, 2002: 1,201,500) as follows:31 Jan 2004 31 July 2003 31 Dec 2002A Class 1,132,800 1,132,800 1,132,800B Class 70,861 68,700 68,700C Class 79,250 47,350 -1,282,911 1,248,850 1,201,500A Class shares carry full voting rights and full dividend rights.B Class shares carry no voting rights unless fullly paid and full dividend rights.C Class shares carry no voting rights and no dividend rights unless fully paid.Share issue:B Class:During the period, 2,161 B Class shares were issued to the Pumpkin Patch Limited Employee Share Scheme Trust to be held intrust for certain employees in recognition of their long service or to assist them in becoming shareholders.C Class:During the period, 31,900 C Class shares were issued under the provisions of the employee share scheme.The shares were issuedto Pumpkin Patch Nominees Limited for nil consideration to hold in trust for certain employees who were invited by the Boardof Directors to participate in a share scheme.C Class share scheme:The total shares issued under the scheme to the end of 31 January 2004 have an exercise value totalling $5,980,940 and maybe paid for at various times from 1 April 2003 to 31 December 2008. The issue price has been set based upon the estimatedmarket value of ordinary A shares.Unpaid shares under the C Class share scheme outstanding at balance date have the following terms:Exercise Expiry Number Number Number Exercise Price 31 Jan 2004 31 July 2003 31 Dec 2002Date Date 31 Jan 2004 31 July 2003 31 Dec 2002 $ $ $ $1/01/2003 31/12/2004 6,000 6,000 - 55.00 330,000 330,000 -1/04/2003 31/03/2005 5,200 5,200 - 67.00 348,400 348,400 -1/01/2004 31/12/2005 6,000 6,000 - 63.25 379,500 379,500 -1/04/2004 31/03/2006 13,650 5,950 - 70.00 955,500 416,500 -1/01/2005 31/12/2006 6,000 6,000 - 72.74 436,440 436,440 -1/04/2005 31/03/2007 14,200 6,200 - 70.00 994,000 434,000 -1/01/2006 31/12/2007 6,000 6,000 - 83.65 501,900 501,900 -1/04/2006 31/03/2008 16,200 - - 90.00 1,458,000 - -1/01/2007 31/12/2008 6,000 6,000 - 96.20 577,200 577,20079,250 47,350 - - 5,980,940 3,423,940 -56