Ann: SSH: SUM: SSH Notice - Craigs Investment Par

• Release Date: 18/10/13 17:12
• Summary: SSH: SUM: SSH Notice - Craigs Investment Partners Limited
• Price Sensitive: No
• Download Document  3.41KB

					SUM
18/10/2013 15:12
SSH

REL: 1512 HRS Summerset Group Holdings Limited

SSH: SUM: SSH Notice - Craigs Investment Partners Limited

Disclosure of beginning to have substantial holding
Section 22, Securities Markets Act 1988

To: NZX Limited
And: Summerset Group Holdings Limited
Date this disclosure made: 18 October 2013

Substantial security holder(s) giving disclosure
Name(s): Craigs Investment Partners Limited
Contact details: Jennifer Martin, +64 9 926 9541,
[email protected]
Date on which substantial security holder(s) began to have substantial
holding: 18 October 2013

Summary of substantial holding to which disclosure relates
Class of listed voting securities: Summerset Group holdings Limited ordinary
shares
Summary for: Craigs Investment Partners Limited
For this disclosure,--
(a) total number held in class: 13,200,111
(b) total in class: 215,918,535
(c) total percentage held in class: 6.11%
Details of relevant interests currently in substantial holding
Details for: Craigs Investment Partners Limited
Nature of relevant interest(s):
Craigs Investment Partners Limited, which currently has a relevant interest
in 0.32% of the ordinary shares in Summerset Group Holdings Limited under
investment management contracts that give the powers of investment contained
in those contracts to acquire and dispose of interests in securities on
behalf, and for the benefit, of clients as the beneficial owner of the
securities.  The relevant interest held by Craigs Investment Partners Limited
only arise by virtue of the powers of investment contained in those
contracts.  The investment management contracts appoint Craigs Investment
Partners Limited as discretionary investment manager;

Craigs Investment Partners Limited as a result of acting as a purchaser of,
and as broker selling, voting securities purchased from QPE Funds Management
has a relevant interest of 5.79% of the ordinary shares in Summerset Group
Holdings Limited on 18 October 2013.
A copy of the relevant agreement between QPE Funds Management and Craigs
Investment Partners Limited is attached.
For that relevant interest,--
(a) number held in class: 12,500,000
(b) percentage held in class: 5.79%
(c) current registered holder(s) of securities: QPE Funds Management Pty
Limited
(d) registered holder(s) of securities once transfers registered: Craigs
Investment Partners Limited
Details of transactions and events giving rise to person beginning to have
substantial holding
Details of the transactions or other events requiring disclosure under the
instructions to this form:
Craigs Investment Partners Limited as a result of acting as a purchaser of,
and as broker selling voting securities purchased from QPE Funds Management
has a relevant interest of 5.79% of the ordinary shares in Summerset Group
Holdings Limited on 18 October 2013.

Additional information
Nature of connection between substantial security holders: N/A
Address(es) of substantial security holder(s): 158 Cameron Road, Tauranga

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: None

Declaration
I, Jennifer Martin, 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:00242588 For:SUM    Type:SSH        Time:2013-10-18 15:12:17