MOA
29/08/2014 09:19
SSH
REL: 0919 HRS Moa Group Limited
SSH: MOA: SSH Notice - Pioneer Capital Management Limited
DISCLOSURE OF MOVEMENT OF 1% OR MORE IN SUBSTANTIAL HOLDING AND CHANGE IN
NATURE OF RELEVANT INTEREST
Sections 23 and 24, Securities Markets Act 1988
Relevant event being disclosed: Movement of 1% or more in substantial
holding and change in nature of relevant interest.
Date of relevant event: 27 August 2014
To: NZX Limited
And: Moa Group Limited
Date this disclosure made: 29 August 2014
Date last disclosure made: 14 November 2012
Substantial security holder(s) giving disclosure
Name(s): Pioneer Capital Management Limited, Pioneer Capital Partners I LP
and NZVIF Investments Limited, Pioneer Capital Moa Limited and Pioneer
Capital Curtis Limited.
Contact details: Graham Fussell, First Building on the Right, Heather Street,
Parnell, Auckland 1052, New Zealand. Phone: (09) 304-0870, email:
[email protected]
Summary of substantial holding to which disclosure relates
Class of listed voting securities: Ordinary Shares.
Summary for: Pioneer Capital Management Limited.
For this disclosure,--
(a) total number held in class: 12,064,960
(b) total in class: 47,700,883
(c) total percentage held in class: 25.293%
For last disclosure,--
(a) total number held in class: 7,939,876
(b) total in class: 30,096,549
(c) total percentage held in class: 26.381%
Summary for: Pioneer Capital Partners I LP and NZVIF Investments Limited.
For this disclosure,--
(a) total number held in class: 11,040,093
(b) total in class: 47,700,883
(c) total percentage held in class: 23.144%
For last disclosure,
(a) total number held in class: 7,360,062
(b) total in class: 30,096,549
(c) total percentage held in class: 24.455%
Summary for: Pioneer Capital Moa Limited.
For this disclosure,--
(a) total number held in class: 852,000
(b) total in class: 47,700,883
(c) total percentage held in class: 1.786%
For last disclosure,--
(a) total number held in class: 568,000
(b) total in class: 30,096,549
(c) total percentage held in class: 1.887%
Summary for: Pioneer Capital Curtis Limited.
For this disclosure,--
(a) total number held in class: 141,720
(b) total in class: 47,700,883
(c) total percentage held in class: 0.297%
For last disclosure,--
(a) total number held in class: Nil.
(b) total in class: Nil.
(c) total percentage held in class: Nil.
Details of transactions and events giving rise to relevant event
Details of the transactions or other events requiring disclosure under the
instructions to this form:
1. Date: 18 June 2013
Nature of the transaction: Purchase of ordinary shares on-market by Pioneer
Capital Curtis Limited.
Consideration: $106,913
Number of securities: 85,530 ordinary shares.
2. Date: 27 August 2014
Nature of the transaction: Reclassification of unlisted non-voting shares
into quoted ordinary shares.
Consideration: Nil.
Number of securities: 5,739 ordinary shares (2,870 held by Pioneer Capital
Management Limited and 2,869 held by Pioneer Capital Curtis Limited).
3. Date: 27 August 2014
Nature of the transaction: Subscription for ordinary shares issued in lieu of
director's fees.
Consideration: $8,000
Number of securities: 18,243 ordinary shares, issued as to:
- 9,121 held by Pioneer Capital Management Limited.
- 9,122 held by Pioneer Capital Curtis Limited.
4. Date: 27 August 2014
Nature of the transaction: Subscription for ordinary shares pursuant to
renounceable share rights issue announced on 24 July 2014.
Consideration: $1,325,138.76
Number of securities: 4,015,572 ordinary shares, issued as to:
- 7,342 shares to Pioneer Capital Management Limited.
- 3,680,031 shares to Pioneer Capital I Nominees Limited.
- 284,000 shares to Pioneer Capital Moa Limited.
- 44,199 shares to Pioneer Capital Curtis Limited.
Details of relevant interests in substantial holding after relevant event
Details for Pioneer Capital Management Limited.
Nature of relevant interest(s): registered holder and beneficial owner.
The relevant interest in ordinary shares was previously qualified by the
terms of the Restricted Security Agreement dated 5 November 2012, which
expired on the release of Moa Group Limited's preliminary results for the
year ending 31 March 2014.
For that relevant interest,--
(a) number held in class: 31,147
(b) percentage held in class: 0.065%
(c) current registered holder(s) of securities: Pioneer Capital
Management Limited.
(d) registered holder(s) of securities once transfers registered: N/A
Nature of relevant interest(s): Power to exercise voting rights attached to,
and acquire or dispose of, shares in Moa Group Limited on behalf of Pioneer
Capital Partners I LP and NZVIF Investments Limited, as their investment
manager.
For that relevant interest,--
(a) number held in class: 11,040,093
(b) percentage held in class: 23.144%
(c) current registered holder(s) of securities: Pioneer Capital I
Nominees Limited.
(d) registered holder(s) of securities once transfers registered: N/A
Nature of relevant interest(s): Power to exercise voting rights attached to,
and acquire or dispose of, shares in Moa Group Limited on behalf of Pioneer
Capital Moa Limited, as its investment manager.
For that relevant interest,--
(a) number held in class: 852,000
(b) percentage held in class: 1.786%
(c) current registered holder(s) of securities: Pioneer Capital Moa
Limited.
(d) registered holder(s) of securities once transfers registered: N/A
Nature of relevant interest(s): Power to exercise voting rights attached to,
and acquire or dispose of, shares in Moa Group Limited on behalf of Pioneer
Capital Curtis Limited, as its investment manager.
For that relevant interest,--
(a) number held in class: 141,720
(b) percentage held in class: 0.297%
(c) current registered holder(s) of securities: Pioneer Capital Curtis
Limited.
(d) registered holder(s) of securities once transfers registered: N/A
Details for Pioneer Capital Partners I LP and NZVIF Investments Limited.
Nature of relevant interest(s): Beneficial owners and co-investors.
The relevant interest in ordinary shares was previously qualified by the
terms of the Restricted Security Agreement dated 5 November 2012, which
expired on the release of Moa Group Limited's preliminary results for the
year ending 31 March 2014.
For that relevant interest,--
(a) number held in class: 11,040,093
(b) percentage held in class: 23.144%
(c) current registered holder(s) of securities: Pioneer Capital I
Nominees Limited as bare trustee for Pioneer Capital Partners I LP and NZVIF
Investments Limited.
(d) registered holder(s) of securities once transfers registered: N/A
Details for Pioneer Capital Moa Limited.
Nature of relevant interest(s): Beneficial owner and registered holder.
For that relevant interest,--
(a) number held in class: 852,000
(b) percentage held in class: 1.786%
(c) current registered holder(s) of securities: Pioneer Capital Moa
Limited.
(d) registered holder(s) of securities once transfers registered: N/A
Details for Pioneer Capital Curtis Limited.
Nature of relevant interest(s): Beneficial owner and registered holder.
For that relevant interest,--
(a) number held in class: 141,720
(b) percentage held in class: 0.297%
(c) current registered holder(s) of securities: Pioneer Capital Curtis
Limited.
(d) registered holder(s) of securities once transfers registered: N/A
Additional information
Nature of connection between substantial security holders: Pioneer Capital
Management Limited is the investment manager for Pioneer Capital Partners I
LP and NZVIF Investments Limited, for Pioneer Capital Moa Limited and for
Pioneer Capital Curtis Limited. Pioneer Capital Moa Limited is a separate
holding company owned indirectly by Pioneer Capital Partners I LP and NZVIF
Investments Limited. Pioneer Capital Curtis Limited is a separate holding
company owned indirectly by Pioneer Capital Partners I LP and NZVIF
Investments Limited.
Address(es) of substantial security holder(s):
Pioneer Capital Management Limited: Grant Thornton New Zealand Ltd, Level 4,
152 Fanshawe Street, Auckland 1140, New Zealand.
Pioneer Capital Partners I LP: First Building on the Right, Heather Street,
Parnell, Auckland 1052, New Zealand.
NZVIF Investments Limited: Unit 1b, Ascot Office Park, 93-95 Ascot Avenue,
Greenlane, Auckland, New Zealand.
Pioneer Capital Moa Limited: Grant Thornton New Zealand Ltd, Level 4, 152
Fanshawe Street, Auckland 1010, New Zealand.
Pioneer Capital Curtis Limited: Grant Thornton New Zealand Ltd, Level 4, 152
Fanshawe Street, Auckland 1010, New Zealand.
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:
Moa Group Limited: Craig Styris is an employee of Pioneer Capital Management
Limited and also a director of Moa Group Limited. This substantial security
holder disclosure notice also constitutes disclosure for Craig Styris under
the directors and officer disclosure requirements.
Declaration
I, Graham Fussell, 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:00254576 For:MOA Type:SSH Time:2014-08-29 09:19:22
