- Release Date: 10/10/13 10:30
- Summary: SSH: VHP: SSH Notice - NorthWest Value Partners Inc
- Price Sensitive: No
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VHP 10/10/2013 08:30 SSH REL: 0830 HRS Vital Healthcare Property Trust SSH: VHP: SSH Notice - NorthWest Value Partners Inc 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 The acquisition of 1,560,292 units on market on behalf of NorthWest International Healthcare Properties Real Estate Investment Trust (NWI REIT) and the subsequent intra-group transfer of that interest to NWI Healthcare Properties LP (NWI LP). Date of relevant event: On-market acquisitions between 2 and 8 October 2013 To: NZX Limited And: Vital Healthcare Property Trust Date this disclosure made: 10 October 2013 Date last disclosure made: 16 September 2013 Substantial security holder(s) giving disclosure Name(s): NorthWest Value Partners Inc., Paul Dalla Lana as trustee for NorthWest Real Estate Investment Trust, Paul Dalla Lana as trustee for NorthWest Operating Trust, NWI Healthcare Properties LP, NWI Healthcare Properties GP Inc and NorthWest International Healthcare Properties Real Estate Investment Trust (together referred to as "NorthWest") Contact details: Paul Dalla Lana ((001)14163668300 / [email protected]) Summary of substantial holding to which disclosure relates Class of listed voting securities: Ordinary Units Summary for NorthWest For this disclosure,-- (a) total number held in class: 81,659,865 (b) total in class: 338,215,453 (c) total percentage held in class: 24.14% For last disclosure,-- (a) total number held in class: 78,058,329 (b) total in class: 337,743,500 (c) total percentage held in class: 23.11% 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: On-market purchases on behalf of NWI REIT of, in aggregate, 1,560,292 Units in Vital Healthcare Property Trust for total consideration of $2,121,997.12 and the subsequent intra-group transfer of NWI REIT's interest in those Units to NWI LP. Details of relevant interests in substantial holding after relevant event Details for NorthWest 1. Nature of relevant interest(s): Beneficial title NorthWest has a relevant interest in 14,112,287 units held by FNZ Custodians Limited as its nominee. For that relevant interest,-- (a) number held in class: 14,112,287 (b) percentage held in class: 4.17% (c) current registered holder(s) of securities: FNZ Custodians Limited (d) registered holder(s) of securities once transfers registered: NA 2. Nature of relevant interest(s): Securities lending arrangement Interest in units under a securities lending arrangement with Macquarie Capital Markets Canada Ltd (Macquarie Canada), pursuant to which NorthWest has a relevant interest in 67,547,578 units in VHP that have been lent to Macquarie Canada by NWI for a period ending 16 February 2014 (unless terminated earlier). Amongst other things, under that arrangement Macquarie Canada agrees that, in respect of those units lent to Macquarie Canada: A. it will arrange for voting rights equal to the voting rights attached to the units lent to Macquarie Canada to be exercised in accordance with the instructions of NWI; and B. it will redeliver units of an identical number and type to NWI at the end of the one year term or earlier if NWI gives written notice requesting redelivery or an "event of default" arises. A summary of the relevant agreement giving arise to the interest is attached as Schedule 1 (1 page). For that relevant interest,-- (a) number held in class: 67,547,578 (b) percentage held in class: 19.999% (c) current registered holder(s) of securities: Macquarie Capital Markets Canada Ltd (d) registered holder(s) of securities once transfers registered: NA Additional information Nature of connection between substantial security holders: NorthWest Real Estate Investment Trust, NorthWest Operating Trust, NWI Healthcare Properties LP, NWI Healthcare Properties GP Inc and NorthWest International Healthcare Properties Real Estate Investment Trust are each either directly or indirectly, controlled by, or related to, NorthWest Value Partners Inc. Address(es) of substantial security holder(s): c/o 284 King Street East, Toronto, ON M5A 1K4 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: Macquarie Capital Markets Canada Ltd Declaration I, Paul Dalla Lana, 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. End CA:00242171 For:VHP Type:SSH Time:2013-10-10 08:30:06
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