MGL
01/11/2013 17:17
SSH
REL: 1717 HRS Mercer Group Limited
SSH: MGL: SSH Notice - (Murray Capital Rakaia Fund Ltd Partnership)
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: Movement of 1% or more in a substantial
holding
Date of relevant event: 1 November 2013
To: NZX Limited
And: Mercer Group Limited ("MGL")
Date this disclosure made: 1 November 2013
Date last disclosure made: 8 February 2011
Substantial security holders giving disclosure
Name(s): Murray Capital Rakaia Fund Limited Partnership ("Rakaia Fund")
Contact details: Richard Rookes (03 336 5342 - [email protected])
Summary of substantial holding to which disclosure relates
Class of listed voting securities: Ordinary shares in MGL
Summary for: Rakaia Fund
For this disclosure:
(a) total number held in class: 100,000,000;
(b) total in class: 274,067,249;
(c) total percentage held in class: 36.487%
For last disclosure:
(a) total number held in class: 65,628,467;
(b) total in class: 219,140,673;
(c) total percentage held in class: 29.948%
Details of transaction and events giving rise to relevant event
The Rakaia Fund exercised 34,371,533 warrants issued to it by MGL pursuant to
a warrant subscription agreement dated 16 November 2010 and subscribed for
34,371,533 ordinary shares. The new ordinary shares were issued for $0.05 per
share for total consideration of $1,718,576.65.
Details of relevant interests in substantial holding after relevant event
Details for: Rakaia Fund
Nature of relevant interest: Registered and beneficial holder.
For that relevant interest:
(a) number held in class: 100,000,000;
(b) percentage held in class: 36.487%
(c) current registered holder of securities: new issue
(d) registered holder of securities once transfers registered: Rakaia Fund
Additional information
Nature of connection between substantial security holders: N/A
Address of substantial security holder:
c/o BDO
30 Sir William Pickering Drive
Burnside
Christchurch, 8053
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.
Declaration
I, Richard George Nelson Rookes, 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:00243256 For:MGL Type:SSH Time:2013-11-01 17:17:56
