Disclosure of movement of 1% or more in substantial holding or change in nature of relevant interest or both
Sections 277 and 278, Financial Markets Conduct Act 2013
To: NZX
and
To: The Colonial Motor Company Limited
Relevant event being disclosed: decrease of substantial holding by 1% or more
Date of relevant event: 22 March 2017
Date this disclosure made: 27 March 2017
Date last disclosure made: 1 April 2014
Substantial security holder(s) giving disclosure
Name(s): Peter Craig Gibbons
Summary of substantial holding to which disclosure relates
Class of quoted voting products: ordinary shares
Summary for: Peter Craig Gibbons
For this disclosure,—
(a) total number held in class: 2,232,341
(b) total in class: 32,694,632
(c) total percentage held in class: 6.83%
For last 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%
Details of transactions and events giving rise to relevant event
Date of transactions : 22 March 2017
Nature of transactions: Off-market transfers for no consideration.
Number of Voting Securities: 1,050,000
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.
No relevant agreement document needs to be attached under Regulation 139, Financial Market Conduct Regulations 2014.
For that relevant interest,—
(a) number held in class: 1,058,699
(b) percentage held in class: 3.24%
(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 139, Financial Market Conduct Regulations 2014.
For that relevant interest,—
(a) number held in class: 1,173,642
(b) percentage held in class: 3.59%
(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
Address(es) of substantial security holder(s): 2/23 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: Graeme Durrad Gibbons
