Ann: SSH: SNK: SSH Notice - (HPF Investments Limi

• Release Date: 23/07/13 11:23
• Summary: SSH: SNK: SSH Notice - (HPF Investments Limited)
• Price Sensitive: No
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SNK
23/07/2013 09:23
SSH

REL: 0923 HRS Snakk Media Limited

SSH: SNK: SSH Notice - (HPF Investments Limited)

Disclosure of movement of 1% or more in substantial holding or change in
nature of relevant interest or both?Sections 23 and 24, Securities Markets
Act 1988

Relevant event being disclosed: Movement of 1% or more of relevant interest
Date of relevant event: 18 July 2013
To: NZX Limited
And:  Snakk Media Limited
Date this disclosure made: 23 July 2013
Date last disclosure made: 31 May 2013

Substantial security holder(s) giving disclosure
Name(s): HPF Investments Limited
Contact details: Mr Stephen Sinclair
Tel: 0064 9 367 9464
Email: [email protected]

Summary of substantial holding to which disclosure relates
Class of listed voting securities: Ordinary shares
Summary for: HPF Investments Limited
For this disclosure,--
(a) total number held in class: 18,731,245
(b) total in class: 262,862,984
(c) total percentage held in class: 7.126%
For last disclosure,--
(a) total number held in class: 21,108,087
(b) total in class: 254,829,029
(c) total percentage held in class: 8.283%

Details of transactions and events giving rise to relevant event
From 1 June 2013 to 18 July 2013, HPF Investments Limited sold 2,358,092
shares in Snakk Media Limited on market for total consideration of
$293,129.52.
On 28 May 2013, HPF Investments Limited's application for shares under the
Share Purchase Plan was scaled back by 18,750 shares and HPF Investments
Limited was refunded $2,250.
In addition to these transactions, HPF Investments Limited's shareholding was
diluted on 17 June 2013 by Snakk Media Limited's issue of:
5,573,857 fully paid ordinary shares through a private placement;
1,500,000 fully paid ordinary shares through the exercise of options issued
under the share option plan; and
960,098 fully paid ordinary shares issued to the General Manager of the
Australia business operations.

Details of relevant interests in substantial holding after relevant event
Details for: HPF Investments Limited
Nature of relevant interest(s): For that relevant interest,--
(a) number held in class: 18,731,245
(b) percentage held in class: 7.126%
(c) current registered holder(s) of securities: HPF Investments Limited
(d) registered holder(s) of securities once transfers registered: HPF
Investments Limited

Additional information
Nature of connection between substantial security holders: HPF Investments
Limited is the beneficial owner of the shares
Address(es) of substantial security holder(s):
HPF Investments Limited
Level 1, 116-118 Quay Street
Auckland 1010

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
I, Stephen John Sinclair, 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.
End CA:00238856 For:SNK    Type:SSH        Time:2013-07-23 09:23:26