SKO
22/12/2015 16:47
SSH
NOT PRICE SENSITIVE
REL: 1647 HRS Serko Limited
SSH: SKO: SSH Notice - Geoffrey Hosking
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
To Serko Limited
Relevant event being disclosed: Movement of 1% or more in the substantial
holding
Date of relevant event: 22 December 2015
Date this disclosure made: 22 December 2015
Date last disclosure made: 28 November 2014
Substantial product holder(s) giving disclosure
Full name(s): Geoffrey Hosking
Summary of substantial holding
Class of quoted voting products: Ordinary shares
Summary for Geoffrey Hosking
For this disclosure,--
(a) total number held in class: 25,573,925
(b) total in class: 72,780,065
(c) total percentage held in class: 35.138%
For last disclosure,--
(a) total number held in class: 24,762,020
(b) total in class: 62,699,382
(c) total percentage held in class: 39.493%
Details of transactions and events giving rise to relevant event
Details of the transactions or other events requiring disclosure:
Nature of relevant interest: Allotment on 22 December 2015 to Geoffrey
Hosking as trustee of the Ripon Trust of 514,286 new ordinary shares pursuant
to a share placement by Serko Limited announced on 21 December 2015. The
aggregate issue price paid by Robert Shaw for the 514,286 new ordinary shares
was NZ$432,000.
For that relevant interest,--
(a) number held in class: 514,286
(b) percentage held in class: 0.707%
(c) current registered holder(s): no change since last disclosure
(d) registered holder(s) once transfers are registered: not applicable
Nature of Relevant Interest: Allotment on 22 December 2015 to Geoffrey
Hosking as trustee of the Grafton-Howe Family Trust No.2 of 297,619 new
ordinary shares pursuant to a share placement by Serko Limited announced on
21 December 2015. The aggregate issue price paid by Darrin Grafton for the
297,619 new ordinary shares was NZ$250,000.
For that relevant interest,--
(a) number held in class: 297,619
(b) percentage held in class: 0.409%
(c) current registered holder(s): no change since last disclosure
(d) registered holder(s) once transfers are registered: not applicable
Details after relevant event
Details for Geoffrey Hosking
Nature of relevant interest(s): Geoffrey Hosking as trustee of the Ripon
Trust (together with the other trustees Robert Shaw and Sarah Shaw) is the
registered holder and beneficial owner of 12,884,296 Shares (the Ripon Trust
Shares), and has the power to exercise a right to vote attached to, and to
dispose of, the Ripon Trust Shares. On 20 May 2014, Robert Shaw, Sarah Shaw
and Geoffrey Hosking as trustees of the Ripon Trust entered into a deed of
embargo with Serko, amongst others, (the Deed of Embargo) under which Robert
Shaw, Sarah Shaw and Geoffrey Hosking as trustees of the Ripon Trust agreed
and undertook not to sell or otherwise dispose of the Ripon Trust Shares
until the date falling two business days after Serko makes a preliminary
announcement for the financial year ending 31 March 2016. A copy of the Deed
of Embargo was attached to the disclosure made on 24 June 2014.
For that relevant interest,--
(a) number held in class: 12,884,296
(b) percentage held in class: 17.703%
(c) current registered holder(s): no change since last disclosure
(d) registered holder(s) once transfers are registered: not applicable
Nature of relevant interest(s): Geoffrey Hosking as trustee of the
Grafton-Howe Family Trust No.2 (together with the other trustee Darrin
Grafton) is the registered holder and beneficial owner of 12,667,629 Shares
(the Grafton-Howe Trust Shares), and has the power to exercise a right to
vote attached to, and to dispose of, the Grafton-Howe Trust Shares. On 20 May
2014, Darrin Grafton and Geoffrey Hosking as trustees of the Grafton-Howe
Family Trust No.2 entered into the Deed of Embargo under which Darrin Grafton
and Geoffrey Hosking as trustees of the Grafton-Howe Family Trust No.2 agreed
and undertook not to sell or otherwise dispose of the Grafton-Howe Trust
Shares until the date falling two business days after Serko makes a
preliminary announcement for the financial year ending 31 March 2016. A copy
of the Deed of Embargo was attached to the disclosure made on 24 June 2014.
For that relevant interest,--
(a) number held in class: 12,667,629
(b) percentage held in class: 17.405%
(c) current registered holder(s): no change since last disclosure
(d) registered holder(s) once transfers are registered: not applicable
Nature of relevant interest(s): Geoffrey Hosking as trustee of the Limelight
Trust (together with the other trustee Christa Hosking) is the registered
holder and beneficial owner of 22,000 Shares (the Limelight Trust Shares),
and has the power to exercise a right to vote attached to, and to dispose of,
the Limelight Trust Shares.
For that relevant interest,--
(a) number held in class: 22,000
(b) percentage held in class: 0.030%
(c) current registered holders of securities: no change since last disclosure
(d) registered holder(s) of securities once transfers registered: no change
since last disclosure
For a derivative relevant interest, also--
(a) type of derivative: not applicable
(b) details of derivative: not applicable
(c) parties to the derivative: not applicable
(d) if the substantial product holder is not a party to the derivative, the
nature of the relevant interest in the derivative: not applicable
Additional information
Nature of connection between substantial security holders: Not applicable
Address(es) of substantial product holder(s): 145 Arney Road, Remuera,
Auckland
Contact details: Geoffrey Hosking, 09 920 6478, [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: Darrin
Grafton as to the Grafton-Howe Trust Shares and Robert Shaw as to the Ripon
Trust Shares..
Certification
I, Geoffrey Hosking, 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:00275612 For:SKO Type:SSH Time:2015-12-22 16:47:56
