Disclosure of beginning to have substantial holding
Section 276, Financial Markets Conduct Act 2013
To NZX
and
To The Colonial Motor Company Limited
Date this disclosure made: 27 March 2017
Date on which substantial holding began: 22 March 2017
Substantial product holder(s) giving disclosure
Full name(s): Graeme Durrad Gibbons
Summary of substantial holding
Class of quoted voting products: Ordinary shares
Summary for Graeme Durrad Gibbons
For this disclosure,—
(a) total number held in class: 1,865,032
(b) total in class: 32,694,632
(c) total percentage held in class: 5.7%
Details of relevant interests
Details for Graeme Durrad Gibbons
Relevant Interest one:
Nature of relevant interest(s): Beneficial interest in ordinary shares
No relevant agreement document needs to be attached under Regulation 139, Financial Markets Conduct Regulations 2014.
For that relevant interest,—
(a) number held in class: 564,207
(b) percentage held in class: 1.7%
(c) current registered holder(s): Graeme Durrad Gibbons
(d) registered holder(s) once transfers are registered: Not applicable
Relevant Interest two:
Nature of relevant interest(s): Non-beneficial interests in ordinary shares
No relevant agreement document needs to be attached under Regulation 139, Financial Markets Conduct Regulations 2014.
For that relevant interest,—
(a) number held in class: 1,300,825
(b) percentage held in class: 4.0%
(c) current registered holder(s): refer to attached Schedule A for details
(d) registered holder(s) once transfers are registered: Not applicable
Details of transactions and events giving rise to substantial holding
Details of the transactions or other events requiring disclosure: Off-market transfer for no consideration of 1,050,000 ordinary shares into trusts of which the substantial product holder is a non-beneficial trustee.
Additional information
Address of substantial product holder: 15 Troon Crescent, Boulcott, Lower Hutt
Name of any other person believed to have given, or believed to be required to give, a disclosure under the Financial Markets Conduct Act 2013 in relation to the financial products to which this disclosure relates: Peter Craig Gibbons
Disclosure has effect for purposes of directors’ and senior managers’ disclosure
Graeme Durrad Gibbons is also a director and is chief executive of The Colonial Motor Company Limited. This disclosure also constitutes disclosure for the purposes of the directors’ and senior managers’ disclosure obligations.
