SNK
01/11/2013 14:14
SSH
REL: 1414 HRS Snakk Media Limited
SSH: SNK: SSH Notice- Ceasing in Snakk Media Limited
Disclosure of ceasing to have substantial holding
Section 25, Securities Markets Act 1988
To: NZX Limited
And: Snakk Media Limited
Relevant event being disclosed: Ceasing to have a substantial holding
Date of relevant event: 1 November 2013
Date this disclosure made: 1 November 2013
Date last disclosure made: 22 August 2013
Substantial security holder(s) giving disclosure
Name(s): SeaDragon Limited
Contact details: C/o Mr. Ross Keeley
Tel: 0064 3 547 0366
Email: [email protected]
Summary of substantial holding to which disclosure relates
Class of listed voting securities: Ordinary shares in SNK
Summary for: SeaDragon Limited
For this disclosure,--
(a) total number held in class: 8,500,000
(b) total in class: 262,862,984
(c) total percentage held in class: 3.23%
For last disclosure,--
(a) total number held in class: 15,000,000
(b) total in class: 262,862,984
(c) total percentage held in class: 5.706%
Details of transactions and events giving rise to relevant event
On 1 November 2013, SeaDragon sold 6,500,000 shares at an average price of 9
cents per share. The effect was to see a reduction in the substantial
holding in the ordinary shares held.
Details of relevant interests in current holding after ceasing to have a
substantial holding after relevant date
Details for: SeaDragon Limited
Nature of relevant interest(s): Registered Holder
For that relevant interest,--
(a) number held in class: 8,500,000
(b) percentage held in class: 3.23%
(c) current registered holder(s) of securities: SeaDragon Limited
(d) registered holder(s) of securities once transfers registered: Not
Applicable
Additional information
Nature of connection between substantial security holders China Scot Limited
is the beneficial owner of the shares.
Address(es) of substantial security holder(s):
SeaDragon Limited
12 Nayland Road
Stoke
Nelson 7011
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: not applicable
Declaration
I, Malcolm Noel Lindeque, 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.
Malcolm Lindeque
End CA:00243242 For:SNK Type:SSH Time:2013-11-01 14:14:42
