Disclosure of movement of 1% or more in substantial holding or change in nature of relevant interest or both
Sections 23 and 24, Securities Markets Act 1988
Relevant event being disclosed: decrease of substantial holding by 1% or more
Date of relevant event: 1 April 2014
To: New Zealand Exchange
And: The Colonial Motor Company Limited
Date this disclosure made: 1 April 2014
Date last disclosure made: 19 August 2010
Substantial security holder(s) giving disclosure
Name(s): Peter Craig Gibbons
Contact details: Nicholas Kenneth Bartle, Company Secretary, The Colonial Motor Company Limited, PO Box 6159, Wellington. Telephone (04) 384 9734 E mail nick.bartle@colmotor.co.nz
Summary of substantial holding to which disclosure relates
Class of listed voting securities: ordinary shares
Summary for: Peter Craig Gibbons
For this disclosure,—
(a) total number held in class: 3,477,948
(b) total in class: 32,694,632
(c) total percentage held in class: 10.64%
For last disclosure,—
(a) total number held in class: 4,377,948
(b) total in class: 32,694,632
(c) total percentage held in class: 13.39%
Details of transactions and events giving rise to relevant event
Details of the transactions or other events requiring disclosure under the instructions to this form:
Date of Transactions : 1 April 2014
Nature of transactions: Transfers from a trust to its beneficiaries
Number of Voting Securities: 900,000
Consideration : Nil
Details of relevant interests in substantial holding after relevant event
Relevant Interest One:
Nature of relevant interest(s): Peter Craig Gibbons is a registered holder and beneficial owner of ordinary shares in CMO.
No relevant agreement document needs to be attached under Regulation 11, Securities Markets (Substantial Security Holders) Regulations 2007.
For that relevant interest,—
(a) number held in class: 2,108,699
(b) percentage held in class: 6.45%
(c) current registered holder(s) of securities: Peter Craig Gibbons
(d) registered holder(s) of securities once transfers registered: not applicable
Relevant Interest Two:
Nature of relevant interest(s): Peter Craig Gibbons (in his capacity as trustee of The P C Gibbons Trust) is a registered, non-beneficial owner of ordinary shares in CMO.
No relevant agreement document needs to be attached under Regulation 11, Securities Markets (Substantial Security Holders) Regulations 2007.
For that relevant interest,—
(a) number held in class: 1,369,249
(b) percentage held in class: 4.19%
(c) current registered holder(s) of securities:
Peter Craig Gibbons as trustee of the P C Gibbons Trust.
(d) registered holder(s) of securities once transfers registered: not applicable
Additional information
Nature of connection between substantial security holders: n/a
Address(es) of substantial security holder(s): 34 Box Hill, Khandallah, Wellington
Name of any other person believed to have given, or believed to be required to give, a disclosure under the Act in relation to the securities to which this disclosure relates: None
