Ann: SSH: SNK: SSH Notice - HPF Investments Limit

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    SNK
    31/05/2013 12:41
    SSH
    
    REL: 1241 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: 31 May 2013
    To: NZSX
    And:  Snakk Media Limited
    Date this disclosure made: 31 May 2013
    Date last disclosure made: 26 March 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 in SNK
    
    Summary for: HPF Investments Limited
    For this disclosure,--
    (a) total number held in class: 21,108,087
    (b) total in class: 254,829,029
    (c) total percentage held in class: 8.3%
    For last disclosure,--
    (a) total number held in class: 22,512,087
    (b) total in class: 206,630,124
    (c) total percentage held in class: 10.89%
    
    Details of transactions and events giving rise to relevant event
    From 27th March to 31st May 2013 1,529,000 shares were sold on the market for
    total consideration of $235,543.51.
    On 21st May 2013, 125,000 shares were purchased through the Share Purchase
    Plan for total consideration of $15,000.00
    On 24th 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 substantial holding after relevant event
    Details for: HPF Investments Limited
    Nature of relevant interest(s): For that relevant interest,--
    (a) number held in class: 254,829,029
    (b) percentage held in class: 8.30%
    (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:00236933 For:SNK    Type:SSH        Time:2013-05-31 12:41:27
    				
 
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