FIN
15/10/2013 09:56
SSH
REL: 0956 HRS Finzsoft Solutions Limited
SSH: FIN: SSH Notice - (ICT Investments (FS) 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): ICT Investments (FS) Limited ("ICT Investments")
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: ICT Investments
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 Holdings (ICT
Investments) Limited made a full takeover offer under the Takeovers Code to
acquire all the equity securities in FIN ("Offer").
On 15 October 2013, ICT Investments, who entered into the lock-up agreement
referred to in the substantial security holder notice filed by ICT
Investments 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 is $2,400,119.70.
Details of relevant interests in substantial holding after relevant event
Details for: ICT Investments
Nature of relevant interest(s): Registered holder 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
(d) registered holder(s) of securities once transfers registered: Holliday
Group Holdings (ICT Investments) Limited
Additional information
Nature of connection between substantial security holders: Not applicable
Address(es) of substantial security holder(s): 72 Shaw Road, Oratia,
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: Holliday Group Holdings (ICT Investments) 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:00242367 For:FIN Type:SSH Time:2013-10-15 09:56:47
