Ann: SSH: FIN: SSH Notice - Silverlake HGH Limited

• Release Date: 02/03/15 09:21
• Summary: SSH: FIN: SSH Notice - Silverlake HGH Limited
• Price Sensitive: No
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					FIN
02/03/2015 09:21
SSH
NOT PRICE SENSITIVE
REL: 0921 HRS Finzsoft Solutions Limited

SSH: FIN: SSH Notice - Silverlake HGH Limited

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 Limited
and
To  Finzsoft Solutions Limited ("Finzsoft")

Relevant event being disclosed:  Change in nature of relevant interest
Date of relevant event:  1 March 2015
Date this disclosure made:  2 March 2015
Date last disclosure made:  18 December 2014

Substantial product holder(s) giving disclosure
Full name(s):  Silverlake HGH Limited ("Bidco")

Summary of substantial holding
Class of quoted voting products:  Ordinary shares in Finzsoft (NZX:FIN)
Summary for:  Silverlake HGH
For this disclosure,--
(a) total number held in class: 5,646,438
(b) total in class:  8,566,163
(c) total percentage held in class:  65.916%
For last disclosure,--
(a) total number held in class:  5,646,438
(b) total in class:  8,566,163
(c) total percentage held in class:  65.916%
Details of transactions and events giving rise to relevant event
On 18 December 2014, Bidco and Holliday Group Holdings (ICT Investments)
Limited ("HGH") entered into a lock-up agreement under which Bidco agreed to
make a full takeover offer for Finzsoft and HGH agreed to accept that offer
for all of its ordinary shares in Finzsoft (being 8,566,163 ordinary shares)
(the "Lock Up Agreement").
In accordance with the Lock Up Agreement:
- on 27 February 2015, Bidco made a full takeover offer for all of the shares
and other equity securities in Finzsoft (the "Offer"); and
- on 1 March 2015, HGH accepted the Offer for all of its ordinary shares in
Finzsoft.
The Offer was declared unconditional in all respects on 2 March 2015.
A copy of the Offer document was sent to NZX on 27 February 2015. A copy of
the Lock Up Agreement has been disclosed with Bidco's previous substantial
product holder notice dated 18 December 2014.
Details after relevant event
Details for:  Silverlake HGH
Nature of relevant interest(s):  Power to control the acquisition of quoted
voting products: on settlement of the purchase of HGH's ordinary shares in
Finzsoft by Bidco under the Offer, Bidco will become the registered holder
and beneficial owner of 5,646,438 ordinary shares in Finzsoft held by HGH
For that relevant interest,--
(a) number held in class:  5,646,438
(b) percentage held in class:  65.916%
(c) current registered holder(s):  Holliday Group Holdings (ICT Investments)
Limited
(d) registered holder(s) once
transfers are registered:  Silverlake HGH Limited

Additional information
Address of substantial product holder: 26-01/04, 143 Cecil Street, GB
Building, Singapore 069542
Contact details:  Kwong Yong Sin
+603 7721 6118
[email protected]
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:
Holliday Group Holdings (ICT Investments) Limited

Certification
I, Kwong Yong Sin, certify 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.
End CA:00261323 For:FIN    Type:SSH        Time:2015-03-02 09:21:10