- Release Date: 04/10/13 19:26
- Summary: SSH: CMO: Decrease in substantial security holding
- Price Sensitive: No
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CMO 04/10/2013 16:26 SSH REL: 1626 HRS The Colonial Motor Company Limited SSH: CMO: Decrease in substantial security holding 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: decrease of substantial holding by 1% or more Date of relevant event: 3 October 2013 To: New Zealand Exchange And: The Colonial Motor Company Limited Date this disclosure made: 4 October 2013 Date last disclosure made: 26 July 2011 Substantial security holder(s) giving disclosure Name(s): James Picot Gibbons Contact details: Nicholas Kenneth Bartle, Company Secretary, The Colonial Motor Company Limited, PO box 6159, Wellington. Telephone (04) 384 9734 E mail [email protected] Summary of substantial holding to which disclosure relates Class of listed voting securities: ordinary shares Summary for: James Picot Gibbons For this disclosure,-- (a) total number held in class: 2,646,084 (b) total in class: 32,694,632 (c) total percentage held in class: 8.09% For last disclosure,-- (a) total number held in class: 3,031,174 (b) total in class: 32,694,632 (c) total percentage held in class: 9.27% 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: Date of Transactions : 3 October 2013 Transfers between trusts. All of the 1,445,723 ordinary shares previously owned by the R C & N L Gibbons Trust of which J P Gibbons is a trustee and a beneficiary have been transferred to other Gibbons family trusts. 520,317 shares were transferred to the D M & J P Gibbons Trust. 520,316 shares were transferred to the P L Bennett No. 2 Trust and the balance of 405,090 were transferred to a trust in which J P Gibbons has no interest. Number of Voting Securities - The net reduction in the substantial shareholdings since the last notice has been 385,090 shares. Consideration : Nil Details of relevant interests in substantial holding after relevant event Relevant Interest One: Nature of relevant interest(s): James Picot Gibbons is a registered holder and beneficial owner of ordinary shares in CMO. No relevant agreement document needs to be attached under Regulation 11, Securities Markets (Substantial Security Holders) Regulations 2007. For that relevant interest,-- (a) number held in class: 73,525 (b) percentage held in class: 0.22% (c) current registered holder(s) of securities: James Picot Gibbons (d) registered holder(s) of securities once transfers registered: not applicable Relevant Interest Two: Nature of relevant interest(s): James Picot Gibbons (in his capacity as a trustee of the estate of R C Gibbons) is a registered holder and joint non-beneficial owner of ordinary shares in CMO. James Picot Gibbons is also a beneficiary of the estate of RC Gibbons. No relevant agreement document needs to be attached under Regulation 11, Securities Markets (Substantial Security Holders) Regulations 2007. For that relevant interest,-- (a) number held in class: 664,006 (b) percentage held in class: 2.03% (c) current registered holder(s) of securities: Nancy L, Bruce R & James P Gibbons & Pauline L Bennett jointly as trustees of the estate of RC Gibbons. (d) registered holder(s) of securities once transfers registered: not applicable Relevant Interest Three: Nature of relevant interest(s): James Picot Gibbons (in his capacity as a trustee of the JP & DM Gibbons Trust) is a registered holder and joint non-beneficial owner of ordinary shares in CMO. No relevant agreement document needs to be attached under Regulation 11, Securities Markets (Substantial Security Holders) Regulations 2007. For that relevant interest,-- (a) number held in class: 492,055 (b) percentage held in class: 1.51% (c) current registered holder(s) of securities: James P & Diana M Gibbons, Pauline L Bennett jointly as trustees of the JP & DM Gibbons Trust (d) registered holder(s) of securities once transfers registered: not applicable Relevant Interest Four: Nature of relevant interest(s): James Picot Gibbons (in his capacity as a trustee of the LC & PL Bennett Trust) is a registered holder and joint non-beneficial owner of ordinary shares in CMO. No relevant agreement document needs to be attached under Regulation 11, Securities Markets (Substantial Security Holders) Regulations 2007. For that relevant interest,-- (a) number held in class: 543,794 (b) percentage held in class: 1.66% (c) current registered holder(s) of securities: Pauline Lucy Bennett & Laurence Charles Bennett & James P Gibbons jointly as trustees of the LC & PL Bennett Trust (d) registered holder(s) of securities once transfers registered: not applicable Relevant Interest Five: Nature of relevant interest(s): James Picot Gibbons (in his capacity as a trustee of the PC Barton Trust) is a registered holder and joint non-beneficial owner of ordinary shares in CMO. No relevant agreement document needs to be attached under Regulation 11, Securities Markets (Substantial Security Holders) Regulations 2007. For that relevant interest,-- (a) number held in class: 189,154 (b) percentage held in class: 0.58% (c) current registered holder(s) of securities: Patricia C Barton. Peter C & James P Gibbons jointly as trustees of the PC Barton Trust (d) registered holder(s) of securities once transfers registered: not applicable Relevant Interest Six: Nature of relevant interest(s): James Picot Gibbons (in his capacity as a trustee of the estate of DM & JP Gibbons Trust) is a registered holder and joint non-beneficial owner of ordinary shares in CMO. James Picot Gibbons is also a beneficiary of the DM & JP Gibbons Trust. No relevant agreement document needs to be attached under Regulation 11, Securities Markets (Substantial Security Holders) Regulations 2007. For that relevant interest,-- (a) number held in class: 683,550 (b) percentage held in class: 2.09% (c) current registered holder(s) of securities: B R Gibbons & P L Bennett jointly as trustees of the DM & JP Gibbons Trust (d) registered holder(s) of securities once transfers registered: not applicable Additional information Nature of connection between substantial security holders: n/a Address of substantial security holder: 29 Cheviot Road Lowry Bay Lower Hutt 5013 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: None End CA:00242020 For:CMO Type:SSH Time:2013-10-04 16:26:57
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