SCT
23/11/2015 08:49
SSH
NOT PRICE SENSITIVE
REL: 0849 HRS Scott Technology Limited
SSH: SCT: SSH Notice - JBS Australia Pty Limited
Disclosure of beginning to have substantial holding
Section 276, Financial Markets Conduct Act 2013
To NZX Limited
and
To Scott Technology Limited
Date this disclosure made: 23 November 2015
Date on which substantial holding began: 20 November 2015
Substantial product holder(s) giving disclosure
Full name(s): JBS Australia Pty Limited
Summary of substantial holding
Class of quoted voting products: Ordinary Shares
Summary for JBS Australia Pty Limited
For this disclosure,--
(a) total number held in class: 2,369,386
(b) total in class: 45,473,890
(c) total percentage held in class: 5.210%
Details of relevant interests
Details for JBS Australia Pty Limited
Nature of relevant interest(s): conditional power to acquire financial
products under JBS Australia Pty Limited's (JBS) offer to acquire ordinary
shares in Scott Technology Limited (Scott), dated 20 October 2015 made as
part of the scheme of arrangement involving Scott (attached to this
substantial product holder notice, 30 pages) (Offer Document).
For that relevant interest,--
(a) number held in class: 2,369,386
(b) percentage held in class: 5.210%
(c) current registered holder(s): unknown
(d) registered holder(s) once transfers are registered: JBS Australia Pty
Limited
For a derivative relevant interest, also--
(a) type of derivative: Not applicable
(b) details of derivative: Not applicable
(c) parties to the derivative: Not applicable
(d) if the substantial product holder is not a party to the derivative, the
nature of the relevant interest in the derivative: Not applicable
Details of transactions and events giving rise to substantial holding
Details of the transactions or other events requiring disclosure: Further to
the scheme of arrangement involving Scott and JBS, announced on 20 August
2015, JBS has offered to acquire ordinary shares in Scott for $1.39 per
ordinary share (Offer), except from those shareholders who participate in
Scott's contemporaneous rights offer. The Offer opened for acceptance on 28
October 2015 and will close on 24 November 2015, unless extended in
accordance with the Offer Document.
This notice is given in respect of the conditional acceptances received under
that Offer. The acceptances are conditional on, amongst other things (see
clauses 3 and 4 of the Offer Document) the scheme of arrangement being
approved by the shareholders of Scott, the approval of the High Court and the
Overseas Investment Office.
Apart from conditional acceptances under the Offer, JBS has not otherwise
acquired relevant interests in the quoted voting products of Scott (i.e. its
ordinary shares) in the 4 months preceding the acquisition of the substantial
holding the subject of this notice.
Additional information
Address(es) of substantial product holder(s): 1 Lock Way, Riverview,
Queensland 4303, Australia.
Contact details: John Berry, Director and Manager, Corporate and Regulatory
Affairs, Phone: +61 7 3810 2100, Email: [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: Not
applicable
Certification
I, Edison Alvares, 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:00273868 For:SCT Type:SSH Time:2015-11-23 08:49:35
