Ann: SSH: SKL: SSH Notice - H&G Limited

• Release Date: 19/02/16 10:20
• Summary: SSH: SKL: SSH Notice - H&G Limited
• Price Sensitive: No
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					SKL
19/02/2016 10:20
SSH
NOT PRICE SENSITIVE
REL: 1020 HRS Skellerup Holdings Limited

SSH: SKL: SSH Notice - H&G Limited

DISCLOSURE OF MOVEMENT OF 1% OR MORE IN SUBSTANTIAL HOLDING OR CHANGE IN
NATURE OF RELEVANT INTEREST OR BOTH
Sections 277 and 278, Financial Markets Conduct Act 2013

To: NZX Limited.
And: Skellerup Holdings Limited (Skellerup).
Relevant event being disclosed: Movement of 1% or more in substantial
holding.

Date of relevant event: 18 February 2016.
Date this disclosure made: 19 February 2016.
Date last disclosure made: 26 June 2009.

Substantial security holder(s) giving disclosure
Full name: H&G Limited.

Summary of substantial holding
Class of quoted voting products: Ordinary Shares (SKL).
Summary for H&G Limited.
For this disclosure,--
(a) total number held in class: 13,163,234.
(b) total in class:  192,805,807.
(c) total percentage held in class: 6.83%.
For last disclosure,--
(a) total number held in class: 7,582,978.
(b) total in class:  134,597,224.
(c) total percentage held in class: 5.63%.

Details of transactions and events giving rise to relevant event
Details of the transactions or other events requiring disclosure:
(1) On 8 October 2009 pursuant to a two for five renounceable rights
issue H&G Limited acquired 3,033,191 shares in Skellerup for $0.40 per share.

(2) On 20 August 2015 H&G Limited purchased 1,250,000 shares in Skellerup
on-market at an average price of $1.254 per share.

(3) On 18 September 2015 H&G Limited purchased 750,000 shares in
Skellerup on-market at $1.34 per share.
(4) On 18 February 2016 H&G Limited purchased 547,065 shares in Skellerup
on-market at an average price of $1.329 per share.
Details after relevant event
Details for H&G Limited:
(1) Nature of relevant interest(s):  H&G Limited is the legal and
beneficial holder of 13,163,234 shares in Skellerup.  No relevant agreement
is required to be attached under regulation 139.
For that relevant interest:
(a) number held in class:  13,163,234.
(b) percentage held in class:  6.83%
(c) current registered holder(s):  H&G Limited
(d) registered holder(s) of securities once transfers registered:  No
change.

Additional information
Address(es) of substantial product holder(s): C/- Rural Equities Limited,
First Floor, 120 Karamu Road North (PO Box 783), Hastings.
Contact details: James Wright, Rural Equities Limited, First Floor, 120
Karamu Road North
(P O Box 783), Hastings
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: Sir Selwyn John Cushing.

Declaration
I, James Richard Wright, 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:00277954 For:SKL    Type:SSH        Time:2016-02-19 10:20:50