FIN 0.00% $1.13 finzsoft solutions limited

Ann: SSH: FIN: SSH Notice - Silverlake HGH Limited

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    					FIN
    18/12/2014 11:32
    SSH
    PRICE SENSITIVE
    REL: 1132 HRS Finzsoft Solutions Limited
    
    SSH: FIN: SSH Notice - Silverlake HGH Limited
    
    Disclosure of beginning to have substantial holding
    Section 276, Financial Markets Conduct Act 2013
    
    To  NZX Limited
    
    And
    
    To  Finzsoft Solutions Limited (NZX:FIN) ("Finzsoft")
    Date this disclosure made: 18 December 2014
    Date on which substantial holding began: 18 December 2014
    
    Substantial product holder(s) giving disclosure
    
    Full name(s):  Silverlake HGH Limited
    Summary of substantial holding
    Class of quoted voting products:  Ordinary shares
    Summary for Silverlake HGH Limited
    
    For this disclosure,--
    
    (a) total number held in class: 5,646,438
    (b) total in class: 8,566,163
    (c) total percentage held in class: 65.916%
    
    Details of relevant interests
    
    Details for Silverlake HGH Limited
    
    Nature of relevant interest(s): Power to acquire financial products under a
    lock up agreement between Silverlake HGH Limited ("Bidco") and Holliday Group
    Holdings (ICT Investments) Limited ("HGH") dated 18 December 2014 (attached,
    24 pages) ("Lock Up Agreement").
    
    For that relevant interest,--
    
    (a) number held in class: 5,646,438
    (b) percentage held in class: 65.916%
    (c) current registered holder(s): Holliday Group Holdings (ICT Investments)
    Limited
    (d) registered holder(s) once transfers are registered: Silverlake HGH
    Limited
    
    Details of transactions and events giving rise to substantial holding
    
    Details of the transactions or other events requiring disclosure: Bidco and
    HGH have entered into the Lock Up Agreement under which Bidco has agreed to
    make a conditional full takeover offer under the Takeovers Code for all of
    the ordinary shares in Finzsoft at $3.00 per share (the "Offer") and HGH has
    agreed to accept the Offer in respect of all of its ordinary shares in
    Finzsoft.
    At the date of the Lock Up Agreement, HGH was the registered holder of
    5,646,438 ordinary shares in Finzsoft (being 65.916% of Finzsoft's issued
    share capital).
    Bidco is 51% owned by Silverlake Axis Ltd. and 49% owned by HGH (ICT
    Investments No.2) Limited.
    
    Additional information
    
    Address of substantial product holder: 26-01/04, 143 Cecil Street, GB
    Building, Singapore 069542
    Contact details: Kwong Yong Sin, +603 7721 6118,
    [email protected]
    Name of any other person believed to have given, or believed to be required
    to give, a disclosure under the Financial Markets Conduct Act 2013 in
    relation to the financial products to which this disclosure relates: Holliday
    Group Holdings (ICT Investments) Limited
    
    Certification
    
    I, Kwong Yong Sin, 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:00259093 For:FIN    Type:SSH        Time:2014-12-18 11:32:15
    				
 
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