EBO 0.00% $35.00 ebos group limited ordinary shares

Ann: SSH: EBO: SSH - JV Trusts

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    EBO
    29/03/2012 13:50
    SSH
    
    REL: 1350 HRS Ebos Group Limited
    
    SSH: EBO: SSH - JV Trusts
    
    Disclosure of ceasing to have substantial holding
    Section 25, Securities Markets Act 1988
    
    To   NZX Limited
    
    And   EBOS Group Limited
    
    Date this disclosure made: 29 March 2012
    
    Date last disclosure made: 26 March 2012
    
    Substantial security holder(s) giving disclosure
    Name(s):   Adrienne Lady Stewart, Mark Stewart, Todd Stewart and Richard
    Burtt
    Contact details:  Warwick Webb (03) 348 5040 [email protected]
    
    Date on which substantial security holder(s) ceased to have substantial
    holding: 29 March 2012
    
    Summary of previous substantial holding to which disclosure relates
    Class of listed voting securities:  Ordinary Shares
    Summary for Adrienne Lady Stewart, Mark Stewart, Todd Stewart and Richard
    Burtt
    
    For last disclosure,--
    (a) total number held in class:  5,307,571
    (b) total in class:   52,107,487
    (c) total percentage held in class:  10.186%
    
    For current holding after ceasing to have substantial holding,--
    (a) total number held in class:   0
    (b) total in class:    52,107,487
    (c) total percentage held in class: 0%
    Details of transactions and events giving rise to person ceasing to have
    substantial holding
    
    Details of the transactions or other events requiring disclosure under the
    instructions to this form:
    Python Portfolios Limited (Python) settled the sale of the 5,307,571
    (10.186%) ordinary shares (Shares) that it held in EBOS Group Limited (EBOS)
    off-market through First NZ Capital Securities Limited on 29 March 2012 to
    various purchasers.  Each ordinary share was sold for the price of NZ$7.00
    per share.  This resulted in Python ceasing to have a substantial holding in
    EBOS shares.
    
    718487-1 1
    Adrienne Lady Stewart, Mark Stewart, Todd Stewart and Richard Burtt are
    trustees (Trustees) of the Ellen Trust, RHS Family Trust, Mark James Stewart
    No. 2 Trust and Todd Huntly Stewart No. 2 Trust (JV Trusts).  Some of the
    Trustees are trustees of only some of the JV Trusts, others are trustees of
    all of the JV Trusts.  The JV Trusts together either control Masthead Limited
    (the ultimate parent company of Python) or otherwise have a relevant interest
    in ordinary shares of EBOS in which Python has a relevant interest pursuant
    to a joint venture agreement dated 31 March 2003.  Accordingly, because
    Python has ceased to have a substantial holding in EBOS Shares, the Trustees
    have ceased to have a substantial holding in EBOS Shares.
    
    Additional information
    Nature of connection between substantial security holders:  N/A
    Address(es) of substantial security holder(s): c/- Masthead Limited, 21
    Leslie Hills Drive, Riccarton, Christchurch
    
    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:  Python Portfolios Limited
    
    Declaration
    I, Warwick Webb, 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:00221323 For:EBO    Type:SSH        Time:2012-03-29 13:50:16
    				
 
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