NZR
10/09/2014 08:53
SSH
REL: 0853 HRS The New Zealand Refining Company Limited
SSH: NZR: SSH Notice - H Anthony Arrell & Arthur Richard Andrew Scace
Disclosure of ceasing to have substantial holding
Section 25, Securities Markets Act 1988
To: NZX Limited
And: New Zealand Refining Company Limited ("NZR")
Date this disclosure made: 9 September 2014
Date last disclosure made: 5 March 2012
Substantial security holder(s) giving disclosure
Name(s): H Anthony Arrell and Arthur Richard Andrew Scace as the executors
and trustees of the Estate of George Ryerson Gardiner (the "Trustees")
Contact details: C/- Nathanael Starrenburg, (09) 921 4300,
[email protected]
Date on which substantial security holder(s) ceased to have substantial
holding: 9 September 2014
Summary of previous substantial holding to which disclosure relates
Class of listed voting securities: Ordinary Shares
Summary for: H Anthony Arrell and Arthur Richard Andrew Scace
For last disclosure:
(a) total number held in class: 22,738,342
(b) total in class: 280,000,000
(c) total percentage held in class: 8.121%
For current holding after ceasing to have substantial holding:
(a) total number held in class: nil
(b) total in class: 312,576,453
(c) total percentage held in class: 0%
Details of transactions and events giving rise to person ceasing to have
substantial holding
Details of the transactions or other events requiring disclosure under the
instructions to this form:
The Trustees have today distributed a total of 22,738,342 NZR shares (being
all of the NZR shares in which the Trustees have a relevant interest) to the
beneficiaries of the Estate of George Ryerson Gardiner, by way of the
following distributions of beneficial ownership:
-2,842,292 shares distributed (beneficial ownership disposed of) to Kristin
Blakely-Kozman for $nil.
-2,842,293 shares distributed (beneficial ownership disposed of) to Lindsay
Blakely for $nil.
-2,842,293 shares distributed (beneficial ownership disposed of) to Mark
Gardiner for $nil.
-2,842,293 shares distributed (beneficial ownership disposed of) to Rebecca
Vandepeer for $nil.
-2,842,292 shares distributed (beneficial ownership disposed of) to Scott
Gardiner for $nil.
-2,842,293 shares distributed (beneficial ownership disposed of) to Carolyn
Blakely for $nil.
-2,842,293 shares distributed (beneficial ownership disposed of) to Samuel
Broadbent for $nil.
-2,842,293 shares distributed (beneficial ownership disposed of) to Matthew
Broadbent for $nil.
Additional information
Nature of connection between substantial security holders: N/A
Address(es) of substantial security holder(s): H. Anthony Arrell and Arthur
Richard Andrew Scace, c/o Garlow Management Inc, Standard Life Centre, PO Box
35, 121 King Street West, Suite 1770, Toronto, Ontario, M5H 3T9, Canada.
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: N/A
Declaration
We, H. Anthony Arrell and Arthur Richard Andrew Scace, declare that, to the
best of our knowledge and belief, the information contained in this
disclosure is correct and that we are duly authorised to make this disclosure
by all persons for whom it is made.
End CA:00255075 For:NZR Type:SSH Time:2014-09-10 08:53:30
