NZR
21/08/2014 14:20
SSH
REL: 1420 HRS The New Zealand Refining Company Limited
SSH: NZR: SSH Notice - Mobil Oil New Zealand Limited
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: Disclosure of movement of 1% or more in
substantial holding.
Date of relevant event: 6 March and 14 April 2014.
TO: NZX Limited.
AND: The New Zealand Refining Company Limited ("NZRC").
Date this disclosure made: 21 August 2014.
Date last disclosure made: 1 July 1989.
Substantial security holder(s) giving disclosure
Name(s): Mobil Oil New Zealand Limited.
Contact details:
Mei Fern Johnson
Phone: +64 4 499 9555
[email protected]
Summary of substantial holding to which disclosure relates
Class of listed voting securities: Ordinary shares.
Summary for: Mobil Oil New Zealand Limited (Co. No. 7815)
For this disclosure:
(a) total number held in class: 53,760,000.
(b) total in class: 312,576,453.
(c) total percentage held in class: 17.2%.
For last disclosure:
(a) total number held in class: 46,080,000.
(b) total in class: 240,000,000.
(c) total percentage held in class: 19.2%.
Details of transaction and events giving rise to relevant event
Details of the transactions or other events requiring disclosure under the
instructions to this form:
The change in percentage held was not caused by transactions initiated by
Mobil Oil New Zealand Limited ("MONZ") but rather the change in issued share
capital of NZRC. On 6 March 2014, NZRC issued 28,571,429 ordinary shares (at
$1.68 per share) pursuant to a capital raising in which MONZ did not
participate. On 14 April 2014, NZRC issued 4,003,695 ordinary shares (at
$1.68 per share) pursuant to a share purchase plan in which MONZ did not
participate.
The above allotments have had the effect of diluting MONZ's substantial
holdings by more than 1%.
Details of relevant interests in substantial holding after relevant event
Details for: Mobil Oil New Zealand Limited.
Nature of relevant interest(s): Registered holder of ordinary shares in The
New Zealand Refinery Company Limited.
For that relevant interest:
(a) number held in class: 53,760,000.
(b) percentage held in class: 17.2%.
(c) current registered holder(s) of securities: Mobil Oil New Zealand
Limited.
(d) registered holder(s) of securities once transfers registered: Not
applicable.
Additional information
Nature of connection between substantial security holders: Not
applicable.
Address(es) of substantial security holder(s):
c/o Mei Fern Johnson,
Russell McVeagh
Vodafone on the Quay
157 Lambton Quay
Wellington 6011
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: Not applicable.
Declaration
I, Helen Stogdale, declare that, to the best of my knowledge and belief, the
information contained in this disclosure is correct and that I am duly
authorised to make this disclosure by all persons for whom it is made.
Helen Stogdale
Company Secretary
Mobil Oil New Zealand Limited
End CA:00254204 For:NZR Type:SSH Time:2014-08-21 14:20:23
