Share
SCY
12/07/2013 15:21
GENERAL
REL: 1521 HRS Smiths City Group Limited
GENERAL: SCY: Share Movements
Share Movements
Date: 12 July 2013
The Board of Directors of Smiths City Group ("the Group") confirms the
following share movements between substantial shareholders in the Group:
- Retail Management Services 2000 Limited- a company associated with Smiths
City Group Director Richard Hellings - sold 1,250,000 shares to LLS
Charitable Remainder Unitrust dated 12/28/89 at a price of 61.5 cents per
share.
- Extra Strength No. 164 Limited - a company associated with Smiths City
Group Director Craig Boyce - sold 1,000,000 shares to LLS Charitable
Remainder Unitrust dated 12/28/89 at a price of 61.5 cents per share.
- J A Dobson & P S Dobson & J R Thomson & N S Anderson a trust associated
with Smiths City Group Director John Dobson - sold 250,000 shares to LLS
Charitable Remainder Unitrust dated 12/28/89 at a price of 61.5 cents per
share.
LLS Charitable Remainder Unitrust dated 12/28/89 is an entity associated with
an existing substantial security holder Guaranty Finance Investors LLC and
associated parties.
Both Retail Management Services 2000 Limited and Guaranty Finance Investors
LLC and associated parties are, before and after this transaction,
Substantial Shareholders as defined by the New Zealand Stock Exchange.
Guaranty Finance Investors LLC and associated parties including LLS
Charitable Remainder Unitrust dated 12/28/89 are a long term holder of shares
in the Group and this takes their total holding up from 11.90 % to 17.32.% of
the company's shares.
All requisite notices have been lodged with the NZX.
In accordance with the NZX listing rule 3.4.3 this transaction was approved
by the Independent Directors of the Group."
For further information please contact:
Rick Hellings, Managing Director (029 983
3011)
End CA:00238557 For:SCY Type:GENERAL Time:2013-07-12 15:21:19