NZR
06/03/2014 09:56
SSH
REL: 0956 HRS The New Zealand Refining Company Limited
SSH: NZR: SSH Notice - BP New Zealand Holdings 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: Movement of 1% or more in substantial
holding
Date of relevant event: 6 March 2014
To: NZX Limited
And: The New Zealand Refining Company Limited
Date this disclosure made: 6 March 2014
Date last disclosure made: 19 December 1996
Substantial security holder(s) giving disclosure
Name(s): BP New Zealand Holdings Limited
Contact details: Debra Blackett
Phone: +64 4 495 5611
Email: [email protected]
Summary of substantial holding to which disclosure relates
Class of listed voting securities: ordinary shares (NZX Code: NZR) (Shares)
Summary for: BP New Zealand Holdings Limited
For this disclosure:
(a) total number held in class: 66,240,021
(b) total in class: 308,572,758
(c) total percentage held in class: 21.47%
For last disclosure:
(a) total number held in class: 5,677,716
(b) total in class: 24,000,000
(c) total percentage held in class: 23.66%
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:
The allotment of 28,571,429 shares pursuant to a capital raising by The New
Zealand Refining Company Limited on 6 March 2014 at $1.68 per share has
diluted the existing substantial security holders' substantial holdings by
more than 1%.
Details of relevant interests in substantial holding after relevant event
Nature of relevant interest(s): BP New Zealand Holdings Limited is the
registered holder and beneficial owner of 42,240,007 Shares. BP New Zealand
Holdings Limited has a relevant interest in these Shares under section 5(1)
of the Securities Markets Act 1988. The relevant interest of BP New Zealand
Holdings Limited is diluted to 13.69% of the Shares.
For that relevant interest:
(a) number held in class: 42,240,007
(b) percentage held in class: 13.69%
(c) current registered holder(s) of securities: BP New Zealand Holdings
Limited
(d) registered holder(s) of securities once transfers registered: Not
applicable
Nature of relevant interest(s): Europa Oil NZ Limited is the registered
owner and beneficial owner of 24,000,014 Shares, and is a wholly-owned
subsidiary of BP New Zealand Holdings Limited. BP New Zealand Holdings
Limited has a relevant interest in these Shares under section 5B(1)(b), (c),
and (d) of the Securities Markets Act 1988. The relevant interest of BP New
Zealand Holdings Limited is diluted to 7.78% of the Shares.
For that relevant interest:
(a) number held in class: 24,000,014
(b) percentage held in class: 7.78%
(c) current registered holder(s) of securities: Europa Oil NZ 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): Level 1, Willeston Centre,
22-28 Willeston Street, Wellington, 6041, New Zealand.
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:
Europa Oil NZ Limited
Declaration
I, Peter Canisius Franciscus Knipping, 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.
Peter Canisius Franciscus Knipping
Director
BP New Zealand Holdings Limited
End CA:00247881 For:NZR Type:SSH Time:2014-03-06 09:56:05
