Ann: SSH: SNK: SSH Notice - China Scot limited

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    SNK
    27/05/2013 14:36
    SSH
    
    REL: 1436 HRS Snakk Media Limited
    
    SSH: SNK: SSH Notice - China Scot 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:   24 May 2013
    Date this disclosure made:  27 May 2013
    Date last disclosure made:  6 March 2013
    Substantial security holder(s) giving disclosure
    Name(s):      China Scot Limited
    Contact details:    Mr Geoffrey John Handley
          Tel:  0019172040873
          Email:[email protected]
    Summary of substantial holding to which disclosure relates
    Class of listed voting securities:  Ordinary shares in SNK
    Summary for:  China Scot Limited
    For this disclosure,--
    (a) total number held in class: 11,293,540
    (b) total in class:    254,829,029
    (c) total percentage held in class:  4.43%
    
    For last disclosure,--
    (a) total number held in class: 11,293,540
    (b) total in class:    206,630,124
    (c) total percentage held in class:  5.47%
    
    Details of transactions and events giving rise to relevant event
    On 24 May 2013 the Company issued 48,198,905 new fully paid ordinary shares
    through the closing of a Share Purchase Plan. 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:   China Scot Limited
    Nature of relevant interest(s):   Registered Holder
    For that relevant interest,--
    (a) number held in class:   11,293,540
    (b) percentage held in class: 4.43%
    (c) current registered holder(s) of securities:  China Scot 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):
    China Scot Limited
    Rm C 16F On Hing Building
    1-9 On Hing Terrace
    Central Hong Kong
    
    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:00236679 For:SNK    Type:SSH        Time:2013-05-27 14:36:41
    				
 
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