SCY
23/02/2016 08:34
SSH
NOT PRICE SENSITIVE
REL: 0834 HRS Smiths City Group Limited
SSH: SCY: SSH Notice - Mercantile Investment Company 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 Smiths City Group Limited
Relevant event being disclosed: Change in the nature of a relevant interest
in a substantial
holding
Date of relevant event: 19 February 2016
Date this disclosure made: 22 February 2016
Date last disclosure made: 3 February 2016
Substantial product holder(s) giving disclosure
Full name(s): Mercantile Investment Company Limited, Sandon Capital Pty
Limited
Summary of substantial holding
Class of quoted voting products: Ordinary shares
Summary for Mercantile Investment Company Limited, Sandon Capital Pty Limited
For this disclosure,--
(a) total number held in class: 6,623,854
(b) total in class: 52,688,153
(c) total percentage held in class: 12.572%
For last disclosure,--
(a) total number held in class: 6,623,854
(b) total in class: 52,688,153
(c) total percentage held in class: 12.572%
Details of transactions and events giving rise to relevant event
Details of the transactions or other events requiring disclosure: Appointment
of a new custodian by Mercantile Investment Company Limited, resulting in the
transfer of the
2,791,927 Smiths City Group Limited ordinary shares held by Mercantile
Investment Company Limited and the 500,000 Smiths City Group Limited ordinary
shares held by previous custodian McNeil Nominees Limited to the new
custodian One Managed Investments Limited on 19 February 2016. No
consideration was payable for the transfer.
160222 SSH - Change in Nature - SCY
Details after relevant event
Details for Mercantile Investment Company Limited
Nature of relevant interest(s): Beneficial owner (relevant agreement document
need not be
attached under regulation 139)
For that relevant interest,--
(a) number held in class: 3,291,927
(b) percentage held in class: 6.248%
(c) current registered holder(s): One Managed Investments Limited
(d) registered holder(s) once transfers are registered: N/A
Nature of relevant interest(s): Agreement with Sandon Capital Pty Limited to
act 'in concert' in relation to the power to exercise the right to vote
attached to ordinary shares.
This agreement was attached to disclosure made by Mercantile Investment
Company Limited and Sandon Capital Pty Limited on 27 August 2015 for
beginning to have substantial holding.
For that relevant interest,--
(a) number held in class: 3,331,927
(b) percentage held in class: 6.324%
(c) current registered holder(s): One Managed Investments Limited
(d) registered holder(s) once transfers are registered: N/A
Details for Sandon Capital Pty Limited
Nature of relevant interest(s): Power to exercise, or to control the exercise
of, a right to vote attached to ordinary shares and the power to acquire or
dispose of, or to control the acquisition or disposal of ordinary shares, by
reason of being the investment manager of Sandon Capital Investments Limited.
For that relevant interest,--
(a) number held in class: 3,331,927
(b) percentage held in class: 6.324%
(c) current registered holder(s): One Managed Investments Limited
(d) registered holder(s) once transfers are registered: N/A
Nature of relevant interest(s): Agreement with Mercantile Investment Company
Limited to act 'in concert' in relation to the power to exercise the right to
vote attached to ordinary
shares. This agreement was attached to disclosure made by Mercantile
Investment 160222 SSH - Change in Nature - SCY
Company Limited and Sandon Capital Pty Limited on 27 August 2015 for
beginning to have substantial holding.
For that relevant interest,--
(a) number held in class: 3,291,927
(b) percentage held in class: 6.248%
(c) current registered holder(s): One Managed Investments Limited
(d) registered holder(s) once transfers are registered: N/A
Additional information
Address(es) of substantial product holder(s): Level 11, 139 Macquarie Street,
Sydney, NSW, Australia.
Contact details: Gabriel Radzyminski, +61 2 8014 1188,
[email protected]
Nature of connection between substantial product holders: Agreement between
Mercantile Investment Company and Sandon Capital Pty Limited to act 'in
concert' in relation to the power to exercise the right to vote attached to
ordinary shares.
Certification
I, Gabriel Francois Radzyminski, 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:00278117 For:SCY Type:SSH Time:2016-02-23 08:34:03