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- Release Date: 20/11/13 18:23
- Summary: RELINT: SUM: Ongoing Disclosure Notice (Tristan Saunders)
- Price Sensitive: No
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SUM
20/11/2013 16:23
RELINT
REL: 1623 HRS Summerset Group Holdings Limited
RELINT: SUM: Ongoing Disclosure Notice (Tristan Saunders)
Ongoing Disclosure Notice
Section 19T(2), Securities Markets Act 1988
A Details of director or officer
Name of director or officer of public issuer: Tristan Saunders
Name of public issuer: Summerset Group Holdings Limited
Name of related body corporate (if applicable): N/A
Position held in public issuer: General Manager, Marketing and Sales
B Securities in public issuer or related body corporate to which this
disclosure relates
Number, class, and type of securities: 240,897 ordinary shares after the
transaction
C Nature of relevant interest and name of registered holder
Nature of relevant interest in securities: Registered holder and
beneficial owner of 26,612 fully paid ordinary shares
Name of registered holder of securities: Tristan James Saunders
Nature of relevant interest in securities: Beneficial interest in 214,285
shares pursuant to a long term investment plan, under which shares are held
on trust by Summerset LTI Trustee Limited. As at the date of this notice
107,143 of these shares have vested and 107,142 have not yet vested and are
subject to certain financial and operational targets being met for the
financial year ended 31 December 2013.
Name of registered holder of securities: Summerset LTI Trustee Limited
D Details of acquisitions and disposals
If the relevant interest was acquired--
Date of acquisition: N/A
Consideration paid for acquisition: N/A
If the relevant interest was disposed of--
Date of disposals: 14 and 15 November 2013
Consideration paid for disposal: $246,581.24 (75,000 shares at $3.29 per
share)
Type of transaction
Describe the arrangement pursuant to which, or the circumstances in which,
the acquisition or disposal took place:
On-market sales of shares
E Total number of transactions this notice relates to: 2
F Date of last disclosure notice (whether in form 1 or form 2) by director or
officer: 31/5/13
G Signature
Signature of director or officer:
Date of signature: 19/11/13
or
Signature of person authorised to sign on behalf of director or officer:
Date of signature:
Name and title of authorised person:
End CA:00244071 For:SUM Type:RELINT Time:2013-11-20 16:23:34
