FIN
15/10/2013 09:55
SSH
REL: 0955 HRS Finzsoft Solutions Limited
SSH: FIN: SSH Notice - (Holliday Group Holdings Limited)
Securities Markets (Substantial Security Holders) Regulations 2007
FORM 2
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: Change in nature of relevant interest
Date of relevant event: 15 October 2013
TO: NZX Limited
AND: Finzsoft Solutions Limited ("FIN")
Date this disclosure made: 15 October 2013
Date last disclosure made: 6 September 2013
Substantial security holder(s) giving disclosure
Name(s): Holliday Group Holdings (ICT Investments) Limited ("Holliday Group")
Contact details: Andrew Holliday
Phone: +64 21 355 492
Email: [email protected]
Summary of substantial holding to which disclosure relates
Class of listed voting securities: Ordinary shares
Summary for: Holliday Group
For this disclosure:
(a) total number held in class: 5,279,630
(b) total in class: 8,300,000
(c) total percentage held in class: 63.61%
For last disclosure:
(a) total number held in class: 5,279,630
(b) total in class: 8,300,000
(c) total percentage held in class: 63.61%
Details of transaction and events giving rise to relevant event
Details of the transactions or other events requiring disclosure under the
instructions to this form: On 14 October 2013, Holliday Group made a full
takeover offer under the Takeovers Code to acquire all the equity securities
in FIN ("Offer").
On 15 October 2013, ICT Investments (FS) Limited, who entered into the
lock-up agreement referred to in the substantial security holder notice filed
by Holliday Group on 6 September 2013 accepted the Offer for its holding of
5,279,630 shares in FIN in accordance with the terms of that lock-up
agreement. The consideration payable under the Offer for the shares in FIN
held by ICT Investments (FS) Limited is $2,400,119.70.
As at the time of filing this notice, Holliday Group has received acceptances
under the Offer in respect of, in aggregate, 5,279,630 shares in FIN.
Details of relevant interests in substantial holding after relevant event
Details for: Holliday Group
Nature of relevant interest(s): Registered holder and beneficial owner of
securities conditional upon payment of the relevant consideration for the
securities under the Offer.
For that relevant interest:
(a) number held in class: 5,279,630
(b) percentage held in class: 63.61%
(c) current registered holder(s) of securities: ICT Investments (FS) Limited
(d) registered holder(s) of securities once transfers registered: Holliday
Group
Additional information
Nature of connection between substantial security holders: Not applicable
Address(es) of substantial security holder(s): 22 Winscombe Street, Belmont,
Auckland
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: ICT Investments (FS) Limited
Declaration
I, Andrew Holliday, 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:00242366 For:FIN Type:SSH Time:2013-10-15 09:55:15
